Prices of paddy and rice in the Mekong Delta increased again last week. Export prices of Vietnamese rice also increased slightly, while prices of rice from other countries continued to decrease.
According to the Vietnam Food Association, the highest price of regular rice at the field last week was 5,650 VND/kg, the average price was 5,514 VND/kg, an increase of 50 VND/kg. The average price of regular rice at the warehouse was 6,733 VND/kg; the highest price was 6,950 VND/kg.
Prices of rice products also increased. Specifically, 5% broken rice had the highest price of 11,600 VND/kg, the average price was 10,293 VND/kg, an increase of 79 VND/kg.
15% broken rice has the highest price of 11,200 VND/kg, the average price is 10,067 VND/kg, an increase of 83 VND/kg. 25% broken rice has the highest price of 9,350 VND/kg, the average price is 9,200 VND/kg, an increase of 83 VND/kg.
The price of grade 1 white rice increased by 60 VND/kg, the average price is 10,350 VND/kg. Grade 1 brown rice increased by 50 VND/kg, the average price is 8,717 VND/kg.
According to the update of the Department of Agriculture and Environment of An Giang, the price of some types of rice purchased by traders such as IR 50404 ranges from 5,500-5,600 VND/kg; OM 5451 ranges from 5,700-5,800 VND/kg; Dai Thom 8 (fresh) and OM 18 (fresh) ranges from 6,400-6,650 VND/kg.
Regarding rice products in the retail market in An Giang , regular rice costs from 15,000-16,000 VND/kg; long-grain fragrant rice costs from 20,000-22,000 VND/kg; Jasmine rice costs from 18,000-20,000 VND/kg; common white rice costs 17,000 VND/kg, Nang Hoa rice costs 21,500 VND/kg; Huong Lai rice costs 22,000 VND/kg; Taiwanese fragrant rice costs 21,000 VND/kg; Soc rice usually fluctuates at 18,000 VND/kg; Soc Thai rice costs 21,000 VND/kg; Japanese rice costs 22,000 VND/kg.
Rice packaging line for export in An Giang province. (Source: Hong Dat/VNA)
IR 504 raw rice is at 8,150-8,200 VND/kg, IR 504 finished rice is from 9,500-9,700 VND/kg; OM 380 raw rice is from 7,750-7,850 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 fluctuates between 7,300-10,000 VND/kg. The price of fragrant rice bran is at 7,100-7,300 VND/kg; the price of dry bran is at 7,300-10,000 VND/kg.
Regarding exports, according to the Vietnam Food Association, Vietnam's 5% broken rice was offered at $392 per ton in the session on March 13, up from $389 per ton a week earlier.
Currently, farmers in the Mekong Delta have harvested about 50% of the 2024-2025 Winter-Spring crop.
Meanwhile, Indian rice export prices fell to a 21-month low due to weak demand and stiff competition from other exporting countries.
India's 5% broken parboiled rice prices were quoted at $403-$410 a tonne, down from $409-$415 a tonne last week.
A New Delhi-based agent with a global trader said buyers are paying very low prices as Pakistan and Vietnam are selling rice cheaper.
Last week, India allowed exports of 100% broken rice, which had been banned since September 2022. Prices of 5% broken rice from Thailand also fell to $405-$408 per tonne, compared to $415 per tonne last week due to exchange rate fluctuations.
A trader in Bangkok said prices of Vietnamese and Indian rice are much lower than those of Thai rice. Demand for Thai rice is very low and there is no problem with supply.
Another trader said Thai rice exports would face challenges this year due to new supplies from other producers such as India and Cambodia.
The trader said demand was stable, focused on regular customers, and rice prices would not exceed $410 per tonne despite currency fluctuations.
Meanwhile, domestic rice prices in Bangladesh remain high despite efforts to increase imports and stockpiles, putting pressure on consumers. The country is buying rice from Vietnam, Myanmar and Pakistan through government-to-government agreements and international tenders.
Coffee harvest. (Photo: Vu Sinh/VNA)
Regarding the world coffee market, coffee prices fell sharply at the end of the week, in which Robusta coffee decreased by 131 USD/ton and Arabica lost another 8.5 cents/lb (1 lb = 0.45kg).
Domestically, agents adjusted coffee purchasing prices to 130,000 - 132,000 VND/kg, down 1,500 VND/kg compared to the previous session.
On the ICE Futures Europe exchange, the price of Robusta coffee for delivery in May 2025 decreased by 131 USD/ton to 5,397 USD/ton, the price of Robusta coffee for delivery in July 2025 decreased by 129 USD/ton, at 5,377 USD/ton.
On the ICE Futures US exchange, the price of Arabica coffee for delivery in May 2025 decreased by 8.50 cents/lb, currently at 377.20 cents/lb, and for delivery in July 2025 decreased by 7.80 cents/lb, at 370.85 cents/lb.
The decline was somewhat limited after ICE-monitored robusta stocks fell to a one-and-a-half week low of 4,288 lots on March 14.
Arabica coffee prices fell for a third straight session to a two-week low, pressured by forecasts of widespread rain next week in Minas Gerais, Brazil’s top Arabica-producing region, easing concerns about drought.
The Brazilian National Statistics Agency (IBGE) has forecast that Brazil's coffee production in the July 2025-June 2026 crop year could total 53.2 million bags, down 6.8% from the previous 2024-2025 crop year.
Of these, Arabica coffee output will decrease by 11.2% compared to the current crop year, to 35.6 million bags, while Robusta coffee output, expected to start harvesting in the coming time, will increase by 3.4%, reaching a total of 17.6 million bags.
Regarding the US agricultural market, analysts said that corn futures on the Chicago Board of Trade (CBOT) fell slightly in the session on March 14 due to concerns about trade conflicts disrupting trade flows and abundant supplies from South America putting pressure on prices.
Farmers harvest soybeans at a farm in Scribber, Nebraska, USA. (Photo: AFP/VNA)
Meanwhile, soybeans edged higher in a volatile session. Wheat prices fell, although expectations of lower Russian wheat exports kept prices from falling further.
Specifically, corn prices fell 6.75 cents to $4.5850/bushel, wheat prices fell 5.50 cents to $5.57/bushel, and soybean prices rose 5.25 cents to $10.16/bushel. (1 bushel of wheat/soybean = 27.2 kg; 1 bushel of corn = 25.4 kg).
Grain markets faced pressure this week after the US imposed revised tariffs on all steel and aluminium imports, prompting the European Union and Canada to announce retaliatory tariffs on some US goods.
Analysts said lower corn and soybean production estimates in key supplier Argentina may have provided some support for corn and soybean prices, although a large soybean harvest in Brazil is likely to continue to pressure prices.
Russian consultancy IKAR said on March 13 that it had cut its forecast for wheat exports in the 2024-2025 season from 42.5 million tons to around 41 million tons. Low U.S. wheat prices and export quotas in Russia, a major wheat producer, have boosted interest in buying U.S. wheat./.
Source: https://baoangiang.com.vn/kinh-te/tieu-dung-thi-truong/thi-truong-nong-san-gia-lua-gao-o-dong-bang-song-cuu-long-tang-tro-lai-a417069.html
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