Rice prices are stable, export rice prices have slightly increased

Today, October 5th, rice prices in the Mekong Delta region remained stable, with some finished rice products showing a slight increase. In addition, the export rice market is showing signs of improvement.

According to an update from the Department of Agriculture and Rural Development of An Giang province, today's rice prices remain unchanged compared to yesterday. IR 50404 is priced at 6,800 – 7,000 VND/kg; Dai Thom 8 rice at 7,800 – 8,000 VND/kg; OM 5451 rice at 7,200 – 7,400 VND/kg; OM 18 rice at 7,500 – 7,800 VND/kg; OM 380 rice fluctuating between 7,200 – 7,300 VND/kg; Nhat rice at 7,800 – 8,000 VND/kg; and Nang Nhen (dried) rice at 20,000 VND/kg.

Rice prices today, October 5, 2024: Paddy prices stable, export rice prices improving.

In addition, the glutinous rice market maintained stable prices. Long An IR 4625 glutinous rice (dry) remained stable at 9,500 – 9,700 VND/kg compared to yesterday. Long An 3-month glutinous rice (dry) remained unchanged at 9,800 – 10,000 VND/kg compared to yesterday.

On the rice market, at 9:00 AM on October 5, 2024, rice prices recorded an increase compared to yesterday. Currently, the price of IR 504 Summer-Autumn raw rice is at 10,150 – 10,250 VND/kg. Meanwhile, finished IR 504 rice is at 12,500 – 12,600 VND/kg.

Regarding by-products, the prices of various by-products range from 5,900 to 9,600 VND/kg. Currently, the price of OM 5451 broken rice is at 9,500 – 9,600 VND/kg; the price of dry rice bran is at 5,900 – 6,000 VND/kg.

At retail markets, rice prices remained stable. Currently, Nang Nhen rice is listed at the highest price of 28,000 VND/kg; Jasmine rice at 18,000 – 20,000 VND/kg; Nang Hoa rice at 21,500 VND/kg; regular white rice fluctuating around 15,000 – 16,000 VND/kg; long-grain Thai fragrant rice at 20,000 – 22,000 VND/kg; Huong Lai rice at 23,000 VND/kg; Taiwanese fragrant rice at 21,000 VND/kg; common white rice at 17,500 VND/kg; regular Soc rice at 18,500 VND/kg; Soc Thai rice at 21,000 VND/kg; and Japanese rice at 22,000 VND/kg.

On the export market, the price of Vietnamese rice decreased compared to yesterday. According to the Vietnam Food Association (VFA), 100% broken rice was priced at US$443/ton; standard 5% broken rice at US$542/ton, up US$3; and 25% broken rice at US$512/ton, up US$2.

Overall, the domestic rice market is sluggish, while the export rice market is showing a slight improvement compared to yesterday.

*This information is for reference only.

Source: https://congthuong.vn/gia-lua-gao-hom-nay-5102024-gia-lua-on-dinh-gia-gao-xuat-khau-khoi-sac-tang-nhe-350384.html