Rice price today May 8: Fresh rice slightly decreased

In An Giang province, the prices of raw rice of all kinds remained stable compared to yesterday. Specifically, IR 504 rice fluctuated from 8,200 - 8,250 VND/kg; CL 555 from 8,600 - 8,800 VND/kg; OM 18 from 10,200 - 10,400 VND/kg; OM 380 from 7,700 - 7,850 VND/kg; 5451 from 9,600 - 9,750 VND/kg. The prices of finished rice also remained high, such as OM 380 from 8,800 - 9,000 VND/kg and IR 504 from 9,500 - 9,700 VND/kg.

In retail markets, the prices of consumer rice have not fluctuated much. Fragrant and specialty rice such as Nang Nhen still maintain the highest price of VND28,000/kg, Huong Lai rice and Nhat rice are priced at VND22,000/kg, while common white rice, Soc Thuong and Jasmine fragrant rice fluctuate between VND13,000 and VND20,000/kg.

Meanwhile, the price of fresh rice at the field recorded a downward trend. Specifically, OM 380 and IR 50404 rice decreased by about 200 VND/kg, down to 5,600 - 5,900 VND/kg and 5,400 - 5,700 VND/kg, respectively. Other rice varieties such as OM 5451, OM 18, Dai Thom 8, and Nang Hoa 9 remained at between 6,200 and 7,000 VND/kg, depending on quality and region.

Purchasing activities in localities are still quite quiet. In Dong Thap, farmers keep prices, but traders buy slowly. The situation in Long An is not better when transactions have been mostly pre-deposited, prices have remained almost unchanged. Although An Giang and Can Tho have started harvesting the early summer-autumn rice, the volume of transactions has not improved. In Kien Giang alone, rice prices are stable, with few transactions.

In the export market, Vietnamese rice prices have shown signs of improvement. 5% broken rice is currently at 398 USD/ton, up slightly by 1 USD; 25% broken rice remains at 368 USD/ton; 100% broken rice is stable at 323 USD/ton. This is considered a positive signal in the context of a cautious domestic market.

Source: https://baoquangnam.vn/gia-lua-gao-hom-nay-8-5-lua-tuoi-giam-nhe-3154337.html