Rice price today on August 23, 2023 in the Mekong Delta of Vietnam: Rice prices increase, transactions are slow, factories buy in a trickle

Rice price today on August 23, 2023 in the domestic market adjusted up with rice. The market traded slowly, mainly rice for resale.

Rice prices today on August 23, 2023 in the Mekong Delta region remained stable after an upward correction.

Accordingly, in An Giang, according to the update of the Department of Agriculture and Rural Development of An Giang province on the morning of August 23, the price of IR 504 rice is at 7,750 – 7,900 VND/kg; OM 5451 remained around 7,750 – 8,000 VND/kg; price of OM 18 rice at 7,800 – 8,200 VND/kg; Miss Hoa 9 is priced at 7,800 – 8,200 VND/kg; Nang Nhen rice (dry) at 15,000 VND/kg; Dai Thom 8 rice and Japanese rice were stable at 7,800 – 8,000 VND/kg.

With glutinous rice, the price does not fluctuate. Accordingly, Long An sticky rice (fresh) is at 7,200 – 7,500 VND/kg; An Giang fresh sticky rice 6,300 – 6,400 VND/kg.

For rice, the price of raw rice and finished products continued to increase by 100-150 VND/kg. Accordingly, the price of raw rice increased by 150 VND/kg to 12,500 VND/kg. Meanwhile, the price of finished rice also increased by 100 VND/kg, to 14,500-14,600 VND/kg.

For by-products, the price of IR 504 sheet increased by 100 VND/kg to 12,000 VND/kg; while the price of dried bran remained stable at 7,600 VND/kg.

According to traders, today the amount of rice is low, the wharfs are empty, and the warehouses are difficult to buy. Bucket rice prices increased slightly, while white rice was stable. Rice market transactions slow down, high prices. In Sa Dec, Dong Thap, the price of raw rice OM 5451, OM 18, Dai Thom 8 all tend to increase with raw rice.

Giá lúa gạo hôm nay ngày 23/8/2023: Giá gạo tăng, giao dịch chậm, nhà máy mua nhỏ giọt

In general, the price of summer-autumn rice continues to be high, most of the rice has been staked first. Most transactions are rice to resell. For autumn-winter rice, farmers offer a slight price increase.

In the rice export market, according to the Vietnam Food Association, at the end of the trading session on August 22, Vietnam’s export rice price maintained the highest position in the world. Accordingly, the price of 5% broken rice is at 638 USD/ton; 25% broken rice at $623/ton.

Mr. Nguyen Van Don, Director of Viet Hung Co., Ltd (Tien Giang province), said: Exporting rice in early August is mainly businesses paying debts for old orders and old prices.

“Usually, the summer-autumn rice crop has a low price, so businesses sign a low selling price. Suddenly, India banned rice exports, so the price skyrocketed, causing many businesses to postpone or even cancel delivery because they could not buy goods. During this rice price increase, only a few businesses with potential and rice in stock benefited, the rest suffered losses because they bought at high prices to fulfill previously signed orders at low prices.” Mr. Don analyzed.

According to Mr. Don, the enterprise is exporting some types of fragrant rice with a unit price of 690-700 USD/ton (higher than 1 month ago 120 USD/ton), the rest are very cautious in each order, do not dare to sign contracts. large copper, delivered far away because of risk aversion.

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