Rice price today 2/7/23 in the Mekong Delta of Vietnam: Rice prices increase for the third day in a row, demand is high

Rice price today 2/7/2023 in the domestic market continued to increase with raw materials and finished products, while the price of rice was flat.

Rice prices today 2/7/2023 in the Mekong Delta region fluctuated in an upward direction with rice materials, finished products and by-products, while the price of rice continued to have a sideways session.

In An Giang, rice prices today continued to move sideways. Accordingly, Nang Nhen (dried) rice is priced at 13,000 VND/kg. Long An sticky rice (dry) continued to be stable at 7,700 – 7,900 VND/kg. AG sticky rice (fresh) costs 6,200 VND/kg. Dried An Giang sticky rice fluctuates around 7,400-7,600 VND/kg.

Radio aromatic 8 is stable at 6,800 – 7,000 VND/kg; Japanese rice in the range of 7,800 – 8,000 VND/kg; OM 18 price is 6,800 VND/kg; Nang Hoa 9 rice is about 6,600 – 6,800 VND/kg.

Fresh IR 50404 rice is purchased by traders at 6,300 – 6,500 VND/kg. OM 5451 rice maintained at 6,300 – 6,500 VND/kg.

In the past week, rice prices fell at the beginning of the week and rose again in the middle of the week. In general, the price of rice is quite stable, there is not much fluctuation and continues to be purchased at a high price by traders in the field.

Currently, people in the Mekong Delta provinces are continuing to harvest summer-autumn rice in 2023, but not much. Therefore, the source of rice to hybrid warehouses and factories is offered for sale at a high level.

For raw rice and finished products, today, there was a slight increase of 50-100 VND/kg.

Specifically, the price of raw rice IR 504 HT increased to 10,000 VND/kg. IR 504 finished rice was adjusted up by 100 dong and was purchased by traders at 11,400 dong/kg.

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

In the past week, rice price has continuously increased and is currently being asked by traders to buy a lot, of which IR 504 rice has the most demand.

At the retail market, rice prices continued to move sideways. Currently Jasmine fragrant rice is 15,000 – 16,000 VND/kg; Soc rice is usually 15,000 VND/kg; Soc Thai 18,000 VND/kg; Taiwanese fragrant rice 20,000 VND/kg; Japanese rice 22,000 VND/kg; Bran 7,600 – 8,000 VND/kg; Long grain Thai fragrant rice maintains 18,000 – 19,000 VND/kg and Huong Lai 19,000 VND/kg.

Rice usually hovers around 11,500 – 12,500 VND/kg. Sticky rice 16,000 – 18,000 VND/kg; Common white rice 14,500 VND/kg; Miss Hoa 18,500 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.

In the past week, the export price of Vietnam’s rice was adjusted down at the beginning of the week, but at the end of the week, importers bought it with the price increased again. With the current price, Vietnamese rice is still at the top of exporters.

The reason why the price of rice is kept at a high level is said by traders, currently, Vietnam’s rice exports continue to be favorable due to increased demand in many markets. remain high.