Rice prices today on September 23th, 2023 in the Mekong Delta of Vietnam: Rice prices increased by 200 VND/kg

Rice prices today, September 23, in the domestic market tend to be stable for rice products and increase from 100-200 VND for rice and by-products.

Rice prices today, September 23, in the Mekong Delta leveled off and went sideways after many sessions of downward adjustment.

Specifically, at An Giang warehouse, according to updates from the Department of Agriculture and Rural Development of An Giang province, the price of IR 504 rice fluctuates around 7,600 – 7,800 VND/kg; OM 5451 at 7,700 – 7,800 VND/kg; Dai Thom 8 rice fluctuates around the mark of 8,000 – 8,100 VND/kg; OM 18 rice is at 8,000 – 8,200 VND/kg; Nang Hoa 9 costs 8,200 – 8,400 VND/kg; Japanese rice 7,800 – 8,000 VND/kg.

Similarly, the price of Long An dried sticky rice remains at 9,200 – 9,300 VND/kg; An Giang dry sticky rice ranges from 9,100 – 9,200 VND/kg.

While rice prices are stable, prices of raw rice and finished products are increasing. Specifically, the price of IR 504 raw rice fluctuates around 11,750-11,850 (an increase of 150-200 VND/kg); IR 504 finished rice is at 13,800-13,900 VND/kg (up 100 VND).

Similarly, by-product prices also tend to increase by 100 VND. Accordingly, the price of IR 504 panels increased by 100 VND, to 11,800-11,900 VND/kg; The price of dry bran ranges from 6,400 – 6,600 VND/kg, an increase of 100 VND/kg.

It was recorded that in the Mekong Delta region today, the Autumn-Winter rice market was trading more actively than yesterday. In An Giang, Kien Giang, Dong Thap, rice prices stopped falling and moved sideways compared to yesterday.

At retail markets, the price of ordinary rice is usually 12,000 – 14,000 VND/kg; Common white rice 16,000 VND/kg; nang rice 23,000 VND/kg; long-grain fragrant rice 18,000 – 20,000 VND/kg; Jasmine fragrant rice 15,500 – 17,000 VND/kg; Huong Lai rice 19,500 VND/kg; Nang Hoa rice 19,000 VND/kg; Squirrel rice usually costs 16,000 – 17,000 VND/kg; Thai squirrel rice 18,500 VND/kg; Taiwanese fragrant rice 21,000 VND/kg; Japanese rice 22,000 VND/kg.

On the export market, export rice prices rebounded today after many sideways sessions. According to the Vietnam Food Association (VFA), Vietnam’s export price of 5% broken rice was adjusted to increase slightly by 5 USD/ton, to 618-622 USD/ton in the trading session on September 19. . Particularly, the price of 25% broken rice remains stable at 603-607 USD/ton.

According to export businesses, rice prices are currently tending to slow down after the moves of some importing countries to curb inflation (such as the Philippines imposing a ceiling price on domestic rice, although this policy was later revised). abolished), focusing on policies to develop domestic production to increase reserves, inventories and find alternative food sources for rice (corn, wheat).

However, in general, export rice prices from now until the end of the year will still remain high because the demand for rice imports from major consuming markets (Philippines, China, Indonesia, Malaysia and Africa) remains in the coming months. when rice supply from the world’s leading rice exporting countries such as India and Pakistan is still limited.