Today, July 27th, rice prices in the Mekong Delta region remained unchanged. Paddy prices increased by 100 VND/kg. The rice market saw a slight price increase and stable trading.
Regarding rice, local authorities have observed high demand for the Dai Thom 8 rice variety during the winter-spring season. Traders are holding onto their stock, and supply remains limited. Specifically, in Dong Thap, harvesting is slow, transactions are sluggish, and prices are stable. In Soc Trang , the quality is good, rice prices are relatively stable, and demand for rice is consistent.
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| Rice prices today, July 27th: Paddy prices increased by 100 VND/kg, rice prices in the market saw a slight increase. |
On the rice market, prices today saw a slight increase for some varieties compared to yesterday. IR 50404 rice fluctuated around 6,800 – 7,000 VND/kg; Dai Thom 8 rice was priced at 7,000 – 7,300 VND/kg; OM 5451 rice was priced at 6,900 – 7,100 VND/kg, an increase of 100 VND/kg; OM 18 rice was priced at 7,200 – 7,300 VND/kg; OM 380 rice fluctuated from 6,800 – 7,000 VND/kg; Nhat rice was at 7,800 – 8,000 VND/kg; Nang Hoa 9 rice was priced at 6,900 – 7,000 VND/kg, and Nang Nhen (dried) rice was at 20,000 VND/kg.
Accordingly, the glutinous rice market has seen some adjustments compared to yesterday. Long An glutinous rice (dried) is priced at 7,000 - 7,900 VND/kg, stable compared to yesterday. IR 4625 glutinous rice (fresh) is priced at 7,300 - 7,400 VND/kg. Long An glutinous rice (fresh) is priced at 7,400 - 7,600 VND/kg. CK 2003 glutinous rice (fresh) is priced at 7,000 - 7,200 VND/kg, down 100 VND/kg compared to yesterday.
Regarding rice, prices remained stable compared to yesterday. Specifically, raw IR 504 summer-autumn rice was priced at 10,700-10,800 VND/kg; finished IR 504 rice remained at 12,500-12,600 VND/kg.
By-product prices today remain unchanged compared to yesterday. Currently, the price of IR 504 rice bran is at 8,600 – 8,700 VND/kg. Meanwhile, the price of dry rice bran has risen to 7,100 – 7,250 VND/kg.
The rice market in localities across the Mekong Delta region was generally slow today, with prices rising slightly, and mills halting purchases and waiting to sell next week.
Specifically, in An Cu, the supply is not large, prices have increased slightly, and warehouses are buying steadily. In Sa Dec ( Dong Thap ), the quality of rice is low, warehouses are buying less, and prices have increased slightly.
At retail markets, rice prices remained unchanged for individual rice varieties. Currently, Nang Nhen rice is listed at the highest price of 30,000 VND/kg; Jasmine rice at 18,000-20,000 VND/kg; Nang Hoa rice at 20,000 VND/kg; regular white rice fluctuating around 15,000-16,000 VND/kg; long-grain Thai fragrant rice at 20,000-21,000 VND/kg; Huong Lai rice at 20,000 VND/kg; Taiwanese fragrant rice at 21,000 VND/kg; common white rice at 17,000 VND/kg; regular Soc rice at 18,500 VND/kg; Soc Thai rice at 20,000 VND/kg; and Japanese rice at 22,000 VND/kg.
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On the export market, Vietnamese rice export prices remained unchanged compared to yesterday. According to the Vietnam Food Association (VFA), 100% broken rice was priced at US$448; standard 5% broken rice remained stable at US$559/ton; and 25% broken rice was priced at US$535/ton.
Adjusting export rice prices at this time allows businesses to be more proactive and makes it easier to procure paddy. Forecasts suggest that rice prices will recover in the near future as demand for rice imports typically increases at the end of the year from Vietnam's traditional customers.
As of early July, localities had harvested approximately 390,000 hectares out of a total of over 1.4 million hectares planted during the summer-autumn crop season, with an estimated yield of 6.2 tons/ha. This abundant supply will be a strong driving force for rice exports in the coming period.
According to the General Statistics Office, in the first six months of this year, Vietnam exported more than 4.5 million tons of rice, earning nearly 3 billion USD. Compared to the same period last year, rice exports increased by more than 10% in volume and 32% in value. Many businesses believe that rice export activities will continue to grow steadily until the end of the year.
This information is for reference only.
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