Vietnam exported nearly 5.9 million tons of rice

Last week, Vietnam's export rice prices reached their highest level in eight months due to shrinking supply. The Vietnam Food Association reported that fragrant rice with 5% broken grains was offered at $455-460 per ton on August 28th, the highest level since the beginning of January.

Rice products exported by Vinh Phat Rice Co., Ltd. ( An Giang ).

A trader in Ho Chi Minh City said supply is tightening while demand remains stable, ahead of the Philippines' 60-day rice import ban taking effect on September 1.

Regarding the domestic market, according to the Institute of Agricultural and Environmental Strategy and Policy, last week in Can Tho, Jasmine rice was priced at 8,400 VND/kg; IR 5451 rice at 6,200 VND/kg; OM 18 at 6,700 VND/kg; and ST25 at 9,500 VND/kg.

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

In An Giang's retail market, rice prices vary: regular rice 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 at 16,000 VND/kg; Nang Hoa rice at 21,000 VND/kg; Huong Lai rice at 22,000 VND/kg; Taiwanese fragrant rice at 20,000 VND/kg; regular Soc rice around 17,000 VND/kg; Thai Soc rice at 20,000 VND/kg; Japanese rice at 22,000 VND/kg…

The price of IR 504 raw rice is 8,500 – 8,600 VND/kg, and finished IR 504 rice is 9,500 – 9,700 VND/kg; OM 380 raw rice is 8,200 – 8,300 VND/kg; finished OM 380 rice fluctuates between 8,800 - 9,000 VND/kg.

For by-products, the prices of various by-products range from 7,200 to 9,000 VND/kg. The price of dry bran is 8,000 to 9,000 VND/kg.

According to the Ministry of Agriculture and Environment, as of August 25th, the provinces in the Mekong Delta had sown 1.829 million hectares for the 2025 Summer-Autumn crop, with approximately 1.085 million hectares harvested, yielding an average of 60.15 quintals/hectare and an estimated production of 6.526 million tons of rice. For the Autumn-Winter crop, 581,000 hectares out of a planned 700,000 hectares have been sown, reaching 83%. For the Main crop, 145,000 hectares out of a planned 337,000 hectares have been sown, reaching 43%.

In the Asian rice market, Indian rice prices remained stable while Thai rice prices fell due to excess inventory amid steady demand across the region.

Indian parboiled rice with 5% broken grains is quoted at $371-376 per ton, unchanged from last week. Indian white rice with 5% broken grains is priced at $363-369 per ton this week. A Mumbai dealer said overseas buyers are gradually increasing their purchases of Indian rice as they realize prices have bottomed out.

Meanwhile, the price of 5% broken rice from Thailand has fallen from $365-370/ton to $355/ton last week due to oversupply.

A Bangkok-based trader said there were reports that India would supply an additional 20 million tons of rice, and buyers were awaiting this supplemental supply. Another trader warned that Thai rice prices could fall further, especially as supply remains high in all countries but customer demand is unchanged.

A Thai Commerce Ministry official said the country hopes to achieve its target of exporting 7.5 million tons of rice this year by securing more contracts in high-demand markets.

According to VNA

Source: https://baobacninhtv.vn/viet-nam-xuat-khau-gan-5-9-trieu-tan-gao-postid425546.bbg