Agricultural market: Rice prices increase across the board

According to the Vietnam Food Association, last week, prices of all types of rice in the Mekong Delta increased.

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Specifically, the highest price of fragrant rice in the field is 5,950 VND/kg, the average price is 5,504 VND/kg, an increase of 189 VND/kg. For normal rice, the highest is 5,750 VND/kg, the average is 5,314 VND/kg, an increase of 139 VND/kg.

For fresh rice in warehouse, the highest price of fragrant rice is 7,250 VND/kg, the average is 6,717 VND/kg, an increase of 350 VND/kg; the highest price of regular rice is 7,050 VND/kg, the average is 6,408 VND/kg, an increase of 275 VND/kg.

The average price of grade 1 and grade 2 raw rice is VND8,238/kg and VND7,857/kg, respectively, with an increase of VND192/kg and VND79/kg, respectively.

Grade 1 white rice has the highest price of 10,150 VND/kg, the average is 9,770 VND/kg, an increase of 280 VND/kg. Grade 2 white rice increased by 70 VND/kg, the highest price is 9,150 VND/kg.

Regarding the domestic market, according to the Institute of Strategy and Policy on Agriculture and Environment, last week in Can Tho, Jasmine rice was priced at VND8,400/kg; IR 5451 rice was VND6,200/kg; OM 18 was VND6,700/kg; ST25 was VND9,500/kg.

In Vinh Long, IR 50404 rice is 6,600 VND/kg. In Dong Thap , IR 50404 rice is 6,800 VND/kg, OM 6976 is 7,000 VND/kg.

According to the update of the Department of Agriculture and Environment of An Giang , the prices of some types of fresh rice purchased by traders are: IR 50404 rice at 5,700 - 5,900 VND/kg; OM 380 rice from 5,700 - 5,900 VND/kg; OM 5451 rice fluctuates at 5,900 - 6,000 VND/kg; OM 18 and Nang Hoa from 6,000 - 6,200 VND/kg; Dai Thom 8 from 6,100 - 6,200 VND/kg...

Regarding rice products in the retail market in An Giang, regular rice costs from 13,000 - 14,000 VND/kg; long-grain fragrant rice from 20,000 - 22,000 VND/kg; Jasmine rice from 16,000 - 18,000 VND/kg; common white rice 16,000 VND/kg, Nang Hoa rice 21,000 VND/kg; Huong Lai rice 22,000 VND/kg; Taiwanese fragrant rice 20,000 VND/kg; Soc rice usually fluctuates at 17,000 VND/kg; Soc Thai rice costs 20,000 VND/kg; Japanese rice costs 22,000 VND/kg...

The price of IR 504 raw rice is at 7,700 - 7,850 VND/kg, IR 504 finished rice is from 9,500 - 9,700 VND/kg; OM 380 raw rice is from 8,200 - 8,300 VND/kg; OM 380 finished rice fluctuates at 8,800 - 9,000 VND/kg.

For by-products, the price of by-products of all kinds ranges from 7,300 - 9,000 VND/kg. The price of dry bran is at 8,000 - 9,000 VND/kg.

Looking back at August 2025, the Ministry of Agriculture and Environment said that in the Asian rice market, export prices fell across the board. Indian rice prices have been on the decline since August 2022. Thai rice prices have fallen due to sluggish demand. Previously, Vietnamese rice prices increased due to buyers in the Philippines stockpiling before the import suspension, then turned around and fell again.

On average, in August 2025, Thailand's key export rice 5% broken rice decreased by 17 USD/ton, Vietnam's decreased by 12 USD/ton, Pakistan's decreased by 26 USD/ton compared to the average price in July 2025.

Regarding exports, the rice export volume in August 2025 is estimated at 770,000 tons with a value of 344.1 million USD, bringing the total rice export volume and value in the first 8 months of 2025 to 6.3 million tons with 3.17 billion USD, up 2.2% in volume but down 17.5% in value compared to the same period in 2024.

The average export rice price in the first 8 months of 2025 is estimated at 504.9 USD/ton, down 19.3% over the same period in 2024.

The Philippines is Vietnam's largest rice consumer market with a market share of 42.4%. Ghana and Ivory Coast are the next two largest markets with market shares of 11.7% and 10.7%, respectively.

Last week, 5% broken fragrant rice was offered at $455-$460 per tonne, unchanged from the previous week – when prices hit their highest since early January 2025.

In the Asian rice market, Indian rice export prices fell last week, as the rupee hit a record low, although demand from African countries remained steady.

Specifically, the price of 5% broken parboiled rice from India was offered at 367-371 USD/ton, down from 371-376 USD/ton last week. 5% broken white rice also dropped to 361-366 USD/ton.
Earlier this week, the Indian government said it aims to procure 46.45 million tonnes of new-season rice from domestic farmers.

Thailand’s benchmark 5% broken rice remained steady at $355 a tonne. “Prices could fall further, the situation this year is not favorable – buyers are delaying decisions, waiting for prices to fall and buying only when absolutely necessary,” said a Bangkok-based trader, adding that supplies in places like India are plentiful and flowing out at the same time.

Bangladesh is expected to double its rice imports to 1.2 million tonnes in 2025-26, higher than its previous estimate and slightly above the 1.1 million tonnes in 2024-25. Domestic rice prices in Bangladesh hit a record high in July 2025, with the average retail price of rough rice reaching $0.47 per kg, up 12% year-on-year.

In Indonesia, the National Statistics Agency forecasts rice production in the first 10 months of 2025 to reach 31.04 million tons, up 12.16% year-on-year.

Soybean products harvested at a farm in Iowa, USA.

In the U.S. agricultural market, U.S. corn futures hit a six-and-a-half-week high on Friday, helped by short covering ahead of the holiday weekend and the upcoming U.S. Department of Agriculture (USDA) production report, as well as strong export demand. However, prices failed to maintain their gains and closed slightly lower for the most actively traded contracts.

Wheat also ended lower, but remained above the record low hit a day earlier. Soybeans slipped as initial short-covering support faded as the market focused on weak demand from China, the world’s largest soybean importer.

At the end of the session on September 5 at the Chicago Board of Trade (CBOT), corn for December delivery fell 1.75 cents to $4.18/bushel. Soybean prices for November 2025 delivery fell 6 cents to $10.27/bushel, while wheat prices for December 2025 delivery fell 0.25 cents to $5.19/bushel (1 bushel of wheat/soybean = 27.2 kg; 1 bushel of corn = 25.4 kg).

For the week, wheat and soybeans both fell, while corn posted its third straight weekly gain. The main driver of corn prices was strong export sales and expectations that the USDA will lower its 2025 crop forecast in its monthly report next week.

Short-covering activity in corn has been strong, with about 35,000 to 50,000 contracts in recent sessions, according to Terry Reilly, senior commodities strategist at Marex. Meanwhile, the USDA reported new-crop corn export sales of 2.117 million tons for the week ending Aug. 28, near the top of the trade forecast. That puts total new-crop corn sales commitments 86% higher than a year ago. Old-crop corn, on the other hand, saw a net decline of 280,900 tons due to some cancellations, but overall sales were still 26% higher than a year ago. Strong export sales helped ease pressure from the USDA’s record corn forecast, but many traders and analysts still believe the agency could lower its production estimate in its September 13 report.

Meanwhile, new-crop soybean export sales last week fell to a one-month low of 818,474 tonnes with no sales to China.

Farmers harvest coffee in Espírito Santo, Brazil.

Regarding coffee, world coffee prices continued to decline in the trading session on September 5, in which Robusta coffee prices plummeted by 113 USD/ton, down to only 4,468 USD/ton. The market is under pressure due to concerns about weakening consumer demand in the US, while traders are waiting for new developments surrounding the US imposing a 50% tax on Brazil.

At the end of the trading session on September 5, on the London Stock Exchange (UK), the online price of Robusta coffee for September 2025 delivery contract reached 4,468 USD/ton, down 2.47% (113 USD/ton) compared to the previous trading session. The November 2025 futures contract decreased by 2.38% (105 USD/ton), down to only 4,309 USD/ton. On the New York Stock Exchange (USA), the price of Arabica coffee for September 2025 delivery decreased slightly by 0.04% (0.15 US cents/lb) compared to the previous trading session, reaching 385.6 US cents/pound. The December 2025 futures contract decreased by 0.2% (0.75 US cents/lb), reaching 373.65 US cents/lb. (1 lb = 0.4535 kg)

Coffee prices fell in the final trading session of the week due to concerns about consumer demand in the US after a weak jobs report, increasing only 22,000 jobs, and the unemployment rate rose to a nearly 4-year high of 4.3%, according to Reuters and Barchart.

However, coffee prices still received support from the weakening of the US dollar, a factor that helps support commodity prices in general.

Traders are waiting to see whether US President Donald Trump’s decision to impose a 50% tariff on imports from Brazil – the world’s largest coffee producer – will be maintained.

Traders say the market could correct sharply if the US Supreme Court upholds last month's ruling by a federal appeals court that Mr Trump exceeded his authority when he enacted sweeping trade tariffs.

Farmers in Brazil, which supplies about a third of U.S. coffee imports, are holding back sales as they wait to see how tariffs will affect them. Data shows that Brazil’s coffee exports fell 31% in August 2025 to 2.38 million bags.

Meanwhile, buyers in the US, the world's largest coffee consuming market, are sourcing wherever they can, including from ICE-certified stocks, which are now at their lowest levels in more than a year.

Improved weather conditions in Brazil, with above-average rainfall in Minas Gerais state just weeks ahead of the flowering of the new Arabica crop, have fueled the sell-off.

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Source: https://baolaocai.vn/thi-truong-nong-san-gia-lua-gao-dong-loat-tang-post881504.html