Rice price today May 30, 2025 slightly decreased: Export facing new challenges?

On May 30, 2025, domestic rice prices in the Mekong Delta region recorded a slight decrease. Vietnam's rice export price decreased slightly by 1 USD/ton compared to the previous session.

Raw rice OM 380 decreased by VND150/kg, fluctuating between VND7,950 - VND8,100/kg. Raw rice OM 5451 decreased by VND50/kg, down to VND9,450 - VND9,550/kg. Other varieties such as IR 504, CL 555, OM 18, Jasmine remained stable.

At retail markets, rice prices remain stable. Fragrant rice is commonly priced at VND18,000-22,000/kg, regular rice at VND15,000-16,000/kg. Glutinous rice is also unchanged, with IR 4625 (dry) at VND9,700-9,900/kg.

By-products continued to decrease slightly, with OM 5451 broken rice down 100 VND/kg and bran down 100 VND/kg. Rice husk remained at 1,000 - 1,150 VND/kg.

For domestic rice, dry rice transactions are slow. Summer-Autumn rice sources are being recovered slowly, prices fluctuate little. In An Giang , Dai Thom 8 (fresh) and OM 18 (fresh) rice remain at 6,800 VND/kg. Other rice varieties such as Nang Hoa 9, IR 50404, OM 380, OM 5451 also maintain stable prices.

In the export market, according to the Vietnam Food Association (VFA), the export price of 5% broken rice from Vietnam is offered at 396 USD/ton, down slightly by 1 USD/ton compared to the previous session.

In India, the price of 5% broken rice also decreased by 2 USD/ton to 382 USD/ton. Meanwhile, the price of 5% broken rice of Thailand and Pakistan remained stable.

The Vietnam Chamber of Commerce and Industry (VCCI) believes that the regulation requiring enterprises to own warehouses to store rice for export is inconsistent with the market mechanism, causing costs and limiting flexibility. Not allowing warehouse rental is also considered inappropriate.

VCCI proposed removing the regulation requiring traders to stockpile at least 1,250 tons of rice for 45 days to obtain an export license, saying this puts financial pressure and makes businesses passive, especially small and medium-sized enterprises.

VCCI also proposed to remove the regulation prohibiting unlicensed enterprises from entrusting exports to licensed parties, and assessed that revoking a license simply because of late submission of a report is "criminalizing" administrative violations.

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Source: https://baonghean.vn/gia-lua-gao-hom-nay-30-5-2025-giam-nhe-xuat-khau-doi-mat-thach-thuc-moi-10298527.html