Rice price today February 27, 2024: Raw rice for export increased slightly

Rice prices today, February 27, in the Mekong Delta region remained stable.

Rice price today February 27, 2024: Prices stagnated at the same time. Illustration.
According to updates from the An Giang Department of Agriculture and Rural Development, the average price of fresh rice purchased in the field ranges from 7,100 – 8,000 VND/kg.

Specifically, IR 504 rice is at 7,100 – 7,300 VND/kg; Dai Thom 8 rice is at 7,400 – 7,600 VND/kg; OM 18 rice is at 7,400 – 7,600 VND/kg; OM 5451 rice is at 7,200 – 7,300 VND/kg; Japanese rice 7,800 – 8,000 VND/kg.

Regarding rice products, today rice prices have not fluctuated. Specifically, at market rice warehouses in An Cu and Cai Be (Tien Giang), the price of raw rice OM 18 is at 12,300 – 12,400 VND/kg; Taiwan fragrant rice 8 at 12,600 – 12,700 VND/kg; OM 5451 raw rice fluctuates around 11,800 – 11,900 VND/kg; OM 380 11,450 – 11,550 VND/kg; Japanese raw rice at 12,600 – 12,700 VND/kg; ST 21 raw rice at 13,900 – 14,000 VND/kg; ST 24 raw rice is at 14,400 – 14,600 VND/kg.

Although rice prices today remain stable, in Sa Dec (Dong Thap province), factories offer a slight increase in raw rice export prices of 50 – 100 VND/kg, but businesses are not in a hurry to buy. Meanwhile, in Lap Vo district (Dong Thap province) the factory stopped grinding for sale due to a sharp drop in rice prices over the weekend. The source of raw rice is not much, so the warehouse allows the purchasing price to increase slightly.

In the export market, Vietnam’s export rice prices stagnated and moved sideways after a sharp decline. According to the Vietnam Food Association (VFA), the current price of 25% broken rice is at 584 USD/ton; 5% broken rice at 609 USD/ton; 100% broken rice is stable at 508 USD/ton.

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