ice price today 5/7/23 in the Mekong Delta of Vietnam: Summer-autumn rice prices are anchored high, businesses increase collection

Rice prices today on July 5, 2023 in the domestic market went sideways after an upward correction. The market is active.

Rice price today 5/7/2023 in the Mekong Delta region leveled off and went sideways after an upward correction. Accordingly, in An Giang, the price of OM 5451 rice was at 6,400 – 6,600 VND/kg; OM 18 rice is priced at 6,600 – 6,800 VND/kg, IR 50404 rice is in the range of 6,300 – 6,600 VND/kg; Dai Dai fragrant rice 8 price 6,900 – 7,000 VND/kg; Miss Hoa 9 costs 6,600 – 6,800 VND/kg; Japanese rice is also stable at 7,800 – 8,000 VND/kg; Nang Nhen rice (dry) at 13,000 VND/kg.

AG Glutinous Rice (fresh) today is bought by traders at the field stably in the range of 5,700 – 5,900 VND/kg; Long An sticky rice (fresh) ranges from 6,300 to 6,400 VND/kg; AG (dry) glutinous rice at 7,400 – 7,600 VND/kg; Long An sticky rice (dry) costs 7,700 – 7,900 VND/kg.

According to traders, today the amount of rice is low, the price of rice is at a high level. Businesses and traders increase the purchase of summer-autumn rice. The price of glutinous rice tends to increase slightly.

Giá lúa gạo hôm nay ngày 5/7/2023: Giá lúa Hè Thu neo cao, doanh nghiệp tăng cường gom hàng

Similarly, with rice, the price of raw materials and finished products remained stable. Specifically, the price of IR 504 raw rice is being purchased at 10,000 – 10,050 VND/kg. Finished rice remained at 11,400 VND/kg

For by-products, also maintained at 9,600 – 9,700 VND/kg with IR 504 plate and 7,600 – 7,700 VND/kg with dried bran.

Meanwhile, at retail markets, rice prices have not been adjusted. Specifically, intestinal sticky rice remains stable at 14,000 – 16,000 VND/kg. Rice usually costs 11,000 – 12,000 VND/kg.

Nang Nhen rice is priced at 22,000 VND/kg; Long grain fragrant rice maintained 18,000 – 19,000 VND/kg; Jasmine fragrant rice costs 15,000 – 16,000 VND/kg.

Huong Lai rice costs 19,000 VND/kg; Common white rice costs 14,500 VND/kg; Nang Hoa rice costs 18,500 VND/kg; Soc rice usually fluctuates from 14,000 to 15,000 VND/kg.

Soc Thai rice stable price 18,000; Taiwanese fragrant rice costs 20,000 VND/kg; Japanese rice costs 22,000 VND/kg and bran remains at 8,500 – 9,000 VND/kg.

In the export market, the export price of rice remained stable at 508 USD/ton for 5% broken rice; 25% broken rice was at $488/ton and Jasmine rice was stable at $578/ton.

A representative of the Vietnam Food Association said that in the first months of the year, Vietnam sharply increased the export of fragrant rice and quality rice to niche markets, so the value obtained was very high. Rice exports in 6 months are estimated to increase by 22.2% in volume but increase by 34.7% in value over the same period last year.

Vietnam’s export rice price in the first days of July continued to remain at US$508/ton for 5% broken rice and US$488/ton for 25% broken rice. This is the highest level among rice exporting countries. High quality organic rice exported to the European market also has a very good price, which can reach 1,500 – 1,800 USD/ton.

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