Rice price increased slightly by 100 VND/kg, rice export continued to decrease

Rice prices today, November 1, in the Mekong Delta region are stable with rice. Rice prices increased by 100 VND/kg. Export rice prices continue to decrease.

Update from the Department of Agriculture and Rural Development of An Giang province said that today's rice price has been adjusted compared to yesterday, IR 50404 is priced at 6,700 - 7,100 VND/kg, up 100 VND/kg; Dai Thom 8 rice is priced at 7,800 - 8,000 VND/kg, OM 5451 rice is priced at 7,300 - 7,600 VND/kg, up 100 VND/kg; OM 18 rice is priced at 7,200 - 7,500 VND/kg, OM 380 fluctuates at 7,000 - 7,200 VND/kg; Japanese rice is at 7,800 - 8,000 VND/kg and Nang Nhen rice (dry) is at 20,000 VND/kg.

Rice price today November 1, 2024: Rice price increased slightly by 100 VND/kg, rice export continued to decrease

In the rice market, it is noted that in localities such as Hau Giang and Dong Thap, prices are stable, new rice transactions are slow, and purchasing power is not high. In Kien Giang , the Autumn-Winter rice supply is exhausted, and the quantity is low.

Besides, the glutinous rice market has not adjusted compared to yesterday. Long An IR 4625 glutinous rice (dry) 9,600 - 9,800 VND/kg is stable compared to yesterday. Long An 3-month glutinous rice (dry) 9,800 - 10,000 VND/kg is unchanged compared to yesterday.

In the rice market, it is noted that in localities such as Soc Trang and Dong Thap, buying and selling transactions are slow, warehouses are slow to buy, the quantity is small, and the prices of all types of rice are stable.

In the rice market, rice prices recorded no adjustment compared to yesterday. Currently, the price of raw IR 504 Summer-Autumn rice is at 10,550 - 10,700 VND/kg. Meanwhile, the price of finished IR 504 rice is at 12,500 - 12,650 VND/kg, stable compared to yesterday.

For by-products, the price of by-products of all kinds fluctuates between 6,200 - 9,600 VND/kg. Currently, the price of OM 5451 broken rice is at 9,400 - 9,600 VND/kg; the price of dry bran is at 6,400 - 6,500 VND/kg, an increase of 100 VND/kg compared to yesterday.

At retail markets, rice prices have not been adjusted for individual rice items. Currently, Nang Nhen rice has the highest listed price of VND28,000/kg. However, the price of regular rice continues to be fixed at around VND15,000 - 16,000/kg, fragrant rice at VND17,000 - 23,000/kg. Jasmine rice is VND17,000 - 18,000/kg; Nang Hoa rice is VND21,500/kg; regular rice fluctuates around VND15,000 - 16,000/kg; long-grain fragrant rice is VND20,000 - 22,000/kg; Huong Lai rice is VND23,000/kg; Taiwanese fragrant rice is VND21,000/kg; Soc regular rice is VND18,500/kg; Soc Thai rice is VND21,000/kg; Japanese rice price 22,000 VND/kg.

In the export market, Vietnam's rice export prices have been adjusted compared to yesterday. According to the Vietnam Food Association (VFA), 100% broken rice is at 427 USD/ton; 5% standard rice is at 524 USD/ton; 25% broken rice is at 495 USD/ton, down 2 USD.

Source: https://congthuong.vn/gia-lua-gao-hom-nay-1112024-gia-lua-tang-nhe-100-dongkg-gao-xuat-khau-tiep-tuc-giam-356107.html