Rice price today June 29 in the Mekong Delta of Vietnam: Rice prices tend to increase slightly, demand is high

Rice prices today June 29, 2023 in the Mekong Delta are stable with rice varieties, especially rice prices tend to increase slightly, demand for rice is high.

Rice prices today June 29, 2023 in the Mekong Delta region fluctuated oppositely, while the price of rice was stable and flat, the price of rice tended to increase slightly back to about 50 VND/kg.

Specifically, at An Giang warehouse, the price of rice was flat today. Accordingly, Radio Aroma 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, after being adjusted up yesterday, now keeps the price and is purchased by traders at 6,300 – 6,500 VND/kg. OM 5451 rice also maintained at 6,300 – 6,500 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. Nang Nhen rice (dry) is priced at 13,000 VND/kg.

In other localities in the region, the price of rice did not change much and remained at 6,400-8,000 VND/kg, depending on the rice variety.

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For raw rice and finished products, today’s price adjusted slightly by 50 dong/kg after moving sideways. Specifically, IR 504 HT raw rice fluctuates around VND 9,950-9,970/kg, an increase of VND 50/kg. IR 504 finished rice at 11,250-11,300 VND/kg, an increase of 50 VND/kg.

Particularly, IR 504 plate is still stable at 9,550 – 9,650 VND/kg and dried bran fluctuates around 7,400 – 7,550 VND/kg.

At the retail market, the price of rice continued to move sideways, ordinary rice remained 11,500 – 12,500 VND/kg; Jasmine fragrant rice 15,000 – 16,000 VND/kg; Soc rice is usually 15,000 VND/kg; Sticky rice 16,000 – 18,000 VND/kg; Common white rice 14,500 VND/kg; Miss Hoa 18,500 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.

In the export market, the price of rice for export has adjusted up to 5 USD/ton. Accordingly, the price of Vietnam’s 5% broken rice is being offered for sale at 508 USD/ton, increasing to 5 USD; 25% broken rice at 488 USD/ton, up 5 USD. Particularly, Jasmine rice is stable at 578 USD/ton.

The increase in the price of export rice is the reason for the increased demand of businesses, in which the demand for IR 504 rice is the most.

In fact, the demand for rice imports from some countries is on an increasing trend. Indonesia, for example, is forecast to import about 2 million tons of rice in 2023.

According to the Jakarta Post, the Indonesian government has agreed to import 1 million tons of rice from India in a move that the country considers necessary to ensure essential food supplies amid increased production risks this year. 2023.

Trade Minister Zulkifli Hasan said the delivery time will be fixed when Indonesia’s rice stocks are nearly exhausted. “We are forced to import rice even though we don’t want to,” Zulkifli admitted that importing rice is against the interests of domestic farmers.

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