Rice price today March 6, 2024: Rice export price dropped sharply

Rice prices today, March 6, in the Mekong Delta region were adjusted to increase all types of sticky rice.

According to updates from the Department of Agriculture and Rural Development of An Giang province, the average price of fresh rice purchased in the field is 7,200 – 8,200 VND/kg. Specifically, Long An fresh sticky rice fluctuates around 7,800 – 8,000 VND/kg, an increase of 400 VND/kg; Fresh 3-month sticky rice is at 7,900 – 8,200 VND/kg, an increase of 300 VND/kg.

For the remaining rice varieties, prices went sideways. Accordingly, Dai Thom 8 rice fluctuates around 7,800 – 8,000 VND/kg, IR 504 rice is at 7,200 – 7,300 VND/kg; OM 5451 rice is at 7,300 – 7,400 VND/kg; Nang Hoa 9 rice ranges from 7,500 – 7,700 VND/kg; OM 18 rice is at 7,600 – 7,800 VND/kg; Japanese rice 7,800 – 8,000 VND/kg.

It was noted that in localities today, new purchase transactions were quite good, rice prices were relatively stable compared to yesterday.

In the rice market, rice prices of all types today have not fluctuated, transactions are sporadic. Specifically, at market rice warehouses in An Cu and Cai Be (Tien Giang), the price of raw rice OM 18 is at 12,400 – 12,500 VND/kg; Taiwan fragrant rice 8 at 12,800 – 12,900 VND/kg; OM 5451 raw rice fluctuates around 11,900 – 12,000 VND/kg; OM 380 11,500 – 11,700 VND/kg; Japanese raw rice at 12,700 – 12,800 VND/kg; ST 21 raw rice at 14,000 – 14,100 VND/kg; ST 24 raw rice is at 14,500 – 14,700 VND/kg.

In Sa Dec (Dong Thap), the price of beautiful fragrant rice is 11,800 – 12,000 VND/kg; Beautiful OM 5451 rice fluctuates around 11,200 – 11,400 VND/kg; IR 504 rice at 11,000 – 11,200 VND/kg; OM 380 at 11,900 – 12,200 VND/kg; RVT at 12,500 – 12,900 VND/kg.

At retail markets, rice prices often fluctuate around 15,000 – 16,000 VND/kg; Nang Nhen rice 26,000 VND/kg; Jasmine rice 17,500 – 19,000 VND/kg; long-sliced pineapple 19,000 – 20,000 VND/kg; Huong jasmine rice 21,000 VND/kg; Taiwanese fragrant rice 20,000 VND/kg.

In the export market, Vietnam’s export rice price today turned down sharply from 16 – 20 USD/ton. Specifically, in the 5% broken standard rice segment, Vietnamese rice decreased by 16 USD, to 578 USD/ton; 25% broken rice, Vietnamese rice price also decreased by 15 USD, to 555 USD/ton; 100% broken rice dropped sharply to 20 USD/ton. After price adjustment, Vietnamese rice is currently 478 USD/ton.

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