Last week’s agricultural market: Rice prices decrease, while rice prices increase

Last week in the ASEAN region, Vietnam’s rice products were mainly exported to the Philippines. In 2021, the Philippines was the largest rice export market for Vietnam with exports reaching 2.45 million tons.

Today, the price of rice in the domestic market has seen opposite fluctuations as the price of rice has stabilized while the price of rice and by-products has increased significantly.

The price of rice today in the Mekong Delta provinces remains stable. In An Giang, the Dai thom 8 rice is currently being purchased by traders at the field with prices ranging from 5,800 – 5,900 VND/kg; OM 5451 at 5,500 – 5,600 VND/kg; OM 18 at 5,800 – 6,000 VND/kg; fresh An Giang sticky rice at 5,600 – 5,700 VND/kg; fresh Long An sticky rice at 5,600 – 5,850 VND/kg; IR504 rice is priced at 5,500 – 5,600 VND/kg; Japanese rice at 8,100 – 8,500 VND/kg; OM 380 rice at 5,500 – 5,600 VND/kg; IR 50404 (dried) at 6,000 VND/kg; Nang Nhen (dried) at 11,500 – 12,000 VND/kg; and Nang Hoa 9 at 5,900 – 6,000 VND/kg.

According to traders, since the end of last weekend, there has been more active demand for dried rice, and the price of Dai thom 8/OM 18 dried rice has slightly increased.

Today, the price of rice in the Mekong Delta provinces has seen opposite fluctuations as the price of rice has stabilized, while the price of rice has increased by 100 – 150 VND/kg.

For rice products, the prices of raw and processed rice have increased by 100 VND/kg. Specifically, the price of IR504 raw rice is 8,350 – 8,450 VND/kg, up 100 VND/kg; TP IR 504 rice at 8,900 – 8,950 VND/kg, up 50 – 100 VND/kg. The price of by-products has also increased sharply due to a scarce supply and high demand. Currently, the price of IR 504 sheet is 8,400 – 8,500 VND/kg, up 150 – 200 VND/kg; and the price of dried bran is 8,650 – 8,800 VND/kg, up 150 VND/kg.

At the retail market, the price of rice has slightly increased by 500 VND/kg to 11,500 – 12,500 VND/kg; Jasmine rice at 15,000 – 16,000 VND/kg; ordinary Sóc rice at 14,000 VND/kg; glutinous rice at 14,000 – 15,000 VND/kg; Nang Nhen rice at 20,000 VND/kg; Thai fragrant long-grain rice at 18,000 – 19,000 VND/kg; Hương Lài rice at 19,000 VND/kg; ordinary white rice at 14,000 VND/kg; Nang Hoa rice at 17,500 VND/kg; Thai Sóc rice at 18,000 VND/kg; Taiwanese fragrant rice at 20,000 VND/kg; Japanese rice at 20,000 VND/kg; and bran at 7,000 – 8,000 VND/kg.

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