Rice price today 5/7/2025: Fresh rice price decreased

Rice price today 5/7/2025: Fresh rice price decreased slightly. Meanwhile, Vietnam's rice export price continued to increase due to reduced reserves.

In the Mekong Delta region, the rice market price remained the same as on May 6, with low trading volume. Fresh rice prices tended to decrease compared to the weekend. According to statistics from the Department of Crop Production, as of May 5, this region had sown more than 1.5 million hectares of the 2024-2025 Winter-Spring crop, harvested about 1.495 million hectares, achieving a yield of 72.17 quintals/ha, and an estimated output of about 10.79 million tons. The 2025 Summer-Autumn crop has also been sown on 915,000 hectares, with an initial harvest of about 37,000 hectares.

In localities, rice transactions remain quiet. In An Giang and Lap Vo (Dong Thap), the market is slow, rice prices of all kinds remain unchanged. In Sa Dec and An Cu markets ( Tien Giang ), transaction volume is low, warehouses are slow to buy, prices remain stable.

Currently, the price of raw rice in the Mekong Delta has not fluctuated much. IR 504 rice is around 8,200 - 8,400 VND/kg, CL 555 is at 8,600 - 8,800 VND/kg, OM 18 fluctuates at 10,200 - 10,400 VND/kg, Jasmine is at 17,000 - 18,000 VND/kg, OM 380 remains at 7,700 - 7,850 VND/kg.

At An Giang retail market, rice prices have not changed. Fragrant rice is commonly priced from 18,000 - 22,000 VND/kg, regular rice is around 15,000 - 16,000 VND/kg, Thai fragrant rice ranges from 20,000 - 22,000 VND/kg, Nang Nhen has the highest price of 28,000 VND/kg, and Huong Lai rice remains at 22,000 VND/kg.

The glutinous rice market is also stable. Fresh IR 4625 glutinous rice remains at 7,700 - 7,900 VND/kg, 3-month dried type is around 9,600 - 9,700 VND/kg.

For the by-product group, the price of broken rice 2 is currently at 7,100 - 7,200 VND/kg, the price of rice husk is stable at 1,000 - 1,150 VND/kg, and the price of bran remains around 6,300 - 6,400 VND/kg.

Regarding rice prices, many places recorded low supply, slow transactions, and generally stable prices. In Long An, most of the rice has been deposited, and prices remain stable. An Giang and Can Tho have some areas of Summer-Autumn rice harvested early, but the transaction volume is not much. In Kien Giang , rice prices are almost flat, and the market is quiet.

In An Giang alone, the Department of Agriculture and Environment said the price of OM 380 rice decreased slightly by VND 100/kg, to VND 5,600 - 5,900/kg. Other types of rice remained the same: OM 5451 from VND 6,400 - 6,600/kg, IR 50404 at VND 5,800 - 6,000/kg, Dai Thom 8 fluctuated at VND 6,900 - 7,000/kg, fragrant rice from VND 6,550 - 7,000/kg and regular rice around VND 5,800 - 6,400/kg.

In the world market, rice prices in major exporting countries continued to increase slightly by 1 to 2 USD/ton compared to the previous day. In Vietnam, according to the Vietnam Food Association (VFA), the price of 5% broken rice today increased by 1 USD/ton, to 398 USD/ton. 100% broken rice is currently at 323 USD/ton, and 25% broken rice is at 368 USD/ton.

During the week from April 29 to May 5, 2025, 31 ships docked at Ho Chi Minh City and My Thoi ports to load a total of about 270,090 tons of rice of various types.

In Thailand, the price of 5% broken rice increased by 2 USD/ton to 407 USD/ton, becoming the highest level on the market today. The same type of rice from India and Pakistan was also adjusted up, to 382 and 389 USD/ton, respectively.

VFA said that the global average White Oryza Rice Price Index (WRI) ended the week of May 2 at 447 USD/ton, up slightly from the previous week. However, this level was still 5 USD/ton lower than the previous month and down 199 USD/ton compared to the same period last year.

Global rice prices are recovering from a two-year low, as declining stocks in major exporters such as Thailand and Pakistan have led to price increases across the board. Vietnam has also adjusted its prices higher due to limited supply caused by saltwater intrusion.

In India, the domestic market may come under short-term pressure as Chhattisgarh state prepares to sell 3.5 million tonnes of rice.

According to the FAO's April 2025 report, global rice production this year is expected to reach a record 543.3 million tons, thanks to increased output in India, China, Cambodia and Tanzania, although some countries such as Bangladesh, Indonesia and Myanmar will see declines.

Global rice consumption is forecast to increase by 2.1% to around 539 million tonnes, driven largely by food demand and ethanol production in India. Global stocks are forecast to reach 205.9 million tonnes, up 3.2% year-on-year, reflecting stockpiling trends in both importing and exporting countries.

Source: https://baoquangnam.vn/gia-lua-gao-hom-nay-7-5-2025-gia-lua-tuoi-giam-3154240.html