Rice price today August 6: Market is quiet

Domestic rice price today August 6

Rice prices in the Mekong Delta today fluctuated little, trading was slow, and supply was limited. Raw rice prices of OM 5451 decreased by 50 VND/kg, to 9,500 - 9,650 VND/kg; IR 504 was at 8,400 - 8,600 VND/kg; CL 555 was from 9,000 - 9,100 VND/kg; OM 380 was around 7,950 - 8,050 VND/kg; OM 18 was from 9,600 - 9,700 VND/kg.

RICE VARIETIES	PRICE (VND/kg)	Increase/decrease (VND)
Miss Nhen	28,000
Regular rice	14,000 – 15,000
Fragrant rice	17,000 – 22,000
Jasmine fragrant rice	17,000 – 18,000
Nang Hoa Rice	21,000
Regular rice	13,000 – 14,000
Long grain fragrant rice	18,000 – 20,000
Jasmine Rice	22,000
Taiwanese fragrant rice	20,000
Japanese rice	22,000
Regular Squirrel Rice	17,500
Raw rice OM 380	7,950 – 8,050
Raw rice CL 555	9,000 – 9,200
Finished rice IR 504	8,200 – 8,300
Raw rice IR 5451	9,500 – 9,700
Raw rice OM 5451	9,500 – 9,650
Raw rice IR 504	8,500 – 8,600
Raw rice OM 18	9,600 – 9,700

Fresh rice prices such as IR 50404, OM 18, Nang Hoa 9, Dai Thom 8 fluctuated from 5,700 - 6,200 VND/kg, unchanged from yesterday.

RICE VARIETIES	PRICE (VND/kg)	Increase/decrease (VND)
IR 50404 rice (fresh)	5,700 – 5,800
Rice OM 5451	5,900 – 6,000
Fragrant Rice 8 (fresh)	6,100 – 6,200
OM 18 rice (fresh)	6,100 – 6,200
OM 380 rice (fresh)	5,700 – 5,900
Japanese rice	7,800 – 8,000
Nang Nhen Rice (dry)	20,000
Rice Flower 9	6,100 – 6,200
Rice OM 5451	5,900 – 6,000

Retail rice prices remain unchanged

At the markets, rice prices remained unchanged. Nang Nhen rice was the highest at VND28,000/kg; Huong Lai rice was VND22,000/kg; regular rice was VND13,000 - 14,000/kg; Thai fragrant rice, Nang Hoa, and Taiwanese rice were VND20,000 - 22,000/kg; Jasmine and Soc rice were usually VND16,000 - 18,000/kg; Thai Soc rice and Japanese rice were VND20,000 - 22,000/kg.

RICE VARIETIES	PRICE (VND/kg)	Increase/decrease (VND)
IR 4625 Glutinous Rice (Dry)	9,500 – 9,700
3 month old sticky rice (dry)	9,600 – 9,700
IR 4625 Glutinous Rice (Fresh)	7,300 – 7,500

By-products maintain stable levels

By-product prices are stable, OM 5451 fragrant rice bran is from 7,500 - 7,650 VND/kg, dry bran is 6,750 - 6,850 VND/kg, rice husk is 1,000 - 1,150 VND/kg.

Item	PRICE (VND/kg)	Increase/decrease (VND)
Fragrant plate	7,400 – 7,500
Bran	6,750 – 6,850
Rice husk	1,000 – 1,150

The trading market is deserted.

Rice supply in An Giang, Dong Thap, Soc Trang , Hau Giang, and Ca Mau has decreased, and transactions have been slow. Traders are asking to buy but are offering low prices, while farmers are keeping prices high, causing the market to stagnate.

Stable export rice prices

Vietnam's rice export prices remain stable: 5% broken rice at $382/ton, 25% broken rice at $357/ton, 100% broken rice at $319/ton. Thailand faces a 19% tax from the US, but still competes with Vietnam (20% tax). Concerns about oversupply of white rice and Japan's possible preference for US rice affect the export market.

Source: https://baodanang.vn/gia-lua-gao-hom-nay-6-8-thi-truong-tram-lang-3298744.html