Rice price today on August 17, 2023 in the Mekong Delta of Vietnam:Variations between commodities

Rice prices today on August 17, 2023 in the domestic market increased with many rice products. In the export market, rice prices fluctuated in opposite directions.

Rice prices today on August 17, 2023 in the Mekong Delta region remained stable.

Accordingly, in An Giang, according to the update of the Department of Agriculture and Rural Development of An Giang province, the price of OM 18 rice is at 7,800 – 8,000 VND/kg, OM 5451 remains around the 7,600 – 7,800 VND/kg mark; IR 504 rice price at 7,300 – 7,500 VND/kg; Dai Thom 8 rice at 7,400 – 7,600 VND/kg; Miss Hoa 9 costs 7,200 – 7,600 VND/kg; Japanese rice is also stable at 7,800 – 8,000 VND/kg; Nang Nhen rice (dry) at 13,000 VND/kg.

With sticky rice, Long An sticky rice (fresh) at 6,900 – 7,400 VND/kg. Meanwhile, the price of fresh An Giang sticky rice is stable at 6,300 – 6,600 VND/kg; AG (dry) sticky rice at 7,700 – 7,900 VND/kg; Long An sticky rice (dry) costs 7,700 – 7,900 VND/kg.

With rice, the price of rice fluctuates between categories. Accordingly, the price of raw rice was adjusted down by 50 VND/kg to 12,000 VND/kg. Meanwhile, finished rice increased by 200 VND/kg to 14,000-14,100 VND/kg.

For by-products, the price of IR 504 plate and dried bran was adjusted to increase by 100 VND/kg and 50 VND/kg, respectively, to 11,700 VND/kg broken and 7,600 VND/kg dry bran.

On the domestic rice market, in An Giang, retail prices of rice remained stable. Accordingly, white rice is usually at 15,000 VND/kg; diced pineapple 18,000 – 20,000 VND/kg; intestinal sticky rice at 15,000 – 17,000 VND/kg; fragrant Jasmine rice 17,000 – 18,000 VND/kg; Huong Lai rice 19,500 VND/kg.

According to traders in the Mekong Delta, today the amount of rice is small, the price tends to increase. In Cai Be (Tien Giang), Sa Dec (Dong Thap), the amount of rice is small, the warehouses are stable. Fragrant and flexible rice varieties such as OM 18, Dai fragrant 8, prices tend to increase. In Dong Thap, the price of Dai Thom 8 rice increased from 200 to 250 VND/kg compared to yesterday. In Cai Be (Tien Giang), the price of OM 18 rice also increased.

With the rice market, traders ask to buy back rice far from the harvest date. Most of the summer-autumn rice near the harvest date has been pre-paid, so it is difficult to buy.

In the rice export market, according to the Vietnam Food Association, at the end of the trading session on August 16, Vietnam’s export rice price fluctuated in opposite directions. Accordingly, the export price of 5% broken rice decreased by 5 USD/ton to 623 USD/ton. Meanwhile, 25% broken rice increased by 5 USD/ton to 603 USD/ton.

Along with Vietnamese rice, the export price of Thai rice also decreased sharply. Accordingly, the price of 5% broken rice was at $623/ton, down sharply by $28/ton; 25% broken rice decreased 19 USD/ton to 568 USD/ton.

Facing the increasing momentum of the rice market in recent days, the area of ​​autumn-winter rice in the Mekong Delta has rapidly increased. Accordingly, Dong Thap has increased by 4,000 hectares, Can Tho has increased over 7,000 hectares, Kien Giang may increase by 10,000-12,000 hectares.

Le Quoc Dien, Deputy Director of the Department of Agriculture and Rural Development of Dong Thap province, forecast that the price of rice may still increase this year, which will create a breakthrough for the Fall-Winter 2023 and Winter-Spring 2023-2024. .

Up to now, farmers in the province have sown nearly 100,000/120,000 hectares of autumn-winter rice (adjusted to increase 116,000 hectares compared to the original plan). According to the plan for the winter-spring crop of 2023-2024, localities in the province have registered to sow about 184,000 hectares. In particular, with the early winter-spring crop, Dong Thap province will choose 3 districts namely Thap Muoi, Cao Lanh and Tam Nong to organize 60,000ha of production, complete seeding in October 2023 and ensure the harvest before the Lunar New Year to Take advantage of good price opportunities.