Rice price Today, February 14 in the Mekong Delta of Vietnam: No changes, farmers return to harvest Winter-Spring rice early

Rice prices today, February 13, in the Mekong Delta did not change. Many farmers are now starting to return to harvesting Winter-Spring rice after the Tet holiday.

Rice prices today, February 13, in the Mekong Delta region did not change.

According to updates from the Department of Agriculture and Rural Development of An Giang province, the price of Dai Thom 8 rice is at 9,300 – 9,500 VND/kg; IR 504 rice is at 8,800 – 9,200 VND/kg; OM 18 rice is at 9,200 – 9,400 VND/kg; OM 5451 rice is at 9,200 – 9,400 VND/kg; Nang Hoa 9 remains stable at 9,400 – 9,600 VND/kg; OM 380 rice fluctuates around 8,600 – 8,800 VND/kg.

Recorded in the Mekong Delta provinces today, rice transactions are still slow. In many fields in Soc Trang and An Giang… farmers started going to the fields to harvest Winter-Spring rice early.

Rice prices today remain stable

 

Information from the Department of Crop Production (Ministry of Agriculture and Rural Development), the Mekong Delta region has about 952,000 hectares of winter-spring rice 2023 – 2024. As of mid-January 2024, concentrated harvest will begin in some localities such as: Soc Trang, Long An, Dong Thap, An Giang, Tien Giang… The price of rice purchased by traders at the field ranges from 8,400 – 11,000 VND/kg.

Regarding rice products, rice prices today maintain a sideways trend. Accordingly, at market rice warehouses in An Cu and Cai Be (Tien Giang), the price of raw rice OM 18 and Dai Thom 8 is at 13,600 – 13,800 VND/kg; OM 5451 raw rice fluctuates around 13,300 – 13,500 VND/kg. In Sa Dec (Dong Thap), fragrant rice is at 13,000 – 12,300 VND/kg; beautiful fragrance 13,400 – 13,600 VND/kg; OM 5451 rice 13,100 – 13,300 VND/kg.

At export warehouses, the price of IR 504 Vietnamese raw rice remains at 13,050 – 13,150 VND/kg; Raw rice fluctuates at 12,900 – 13,000 VND/kg; Soc Trang raw rice at 12,250 – 12,350 VND/kg; OM 5451 raw rice at 13,700 – 13,800 VND/kg; Raw rice OM 18, Dai Thom 8 at 14,050 – 14,150 VND/kg.

In the export market, Vietnam’s export rice prices remain stable. According to the Vietnam Food Association (VFA), the current price of 25% broken rice is at 610 USD/ton; 5% broken rice at 637 USD/ton.

Many export businesses predict that with extreme climate change and a number of political events and conflicts in the world, rice scarcity in 2024 will continue to occur. However, some rice exporting countries are actively looking for solutions to overcome the rice shortage in the coming years.

Therefore, in 2024, if rice exports want to continue to win big, we must make good use of opportunities, quickly limit shortcomings to seize “golden” opportunities, and set rare records in history such as 2023.