Rice price today on August 7, 2023: Rice prices continue to increase

Rice prices today on August 7, 2023 in the domestic market continued to increase. The summer-autumn rice market is active.

Rice prices today on August 7, 2023 in the Mekong Delta region fluctuated oppositely. Accordingly, in An Giang, according to the update of the provincial Department of Agriculture and Rural Development, the price of OM 5451 rice is at 7,000 – 7,300 VND/kg; Miss Hoa 9 costs 7,200 – 7,600 VND/kg; IR 504 rice price at 6,800 – 7,000 VND/kg; Dai Thong 8 rice at 6,900 – 7,100 VND/kg; Japanese rice is also stable at 7,800 – 8,000 VND/kg; Nang Nhen rice (dry) at 13,000 VND/kg; OM 18 at 6,900 – 7,100 VND/kg.

With sticky rice, the price of fresh An Giang sticky rice is at 6,300 – 6,600 VND/kg; Long An sticky rice (fresh) at 6,500 – 6,900 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.

Meanwhile, rice prices in some localities such as Soc Trang, Hau Giang, Tien Giang, Kien Giang, Can Tho, rice prices continued to increase. Specifically, in Soc Trang, the price of Dai Thom 8 rice was 8,100 VND/kg, an increase of 200 VND/kg; RVT was 7,800 VND/kg, also increased by 200 VND/kg; OM 5451 increased by 100 VND/kg to 7,800 VND/kg.

Giá lúa gạo hôm nay ngày 7/8/2023: Giá lúa tiếp đà tăng

Rice prices in Hau Giang also increased significantly such as: IR 50404 to 8,000 VND/kg, up 400 VND/kg; RVT is 8,400 VND/kg, an increase of 100 VND/kg; OM 18 is 8,500 VND/kg, an increase of 600 VND/kg.

Rice prices in Tien Giang such as: IR 50404 at 7,200 VND/kg, Jasmine rice at 7,200 VND/kg; OC10 alone increased by 200 VND/kg to 7,200 VND/kg.

Rice prices in Kien Giang also increased in many varieties such as: IR 50404 at 6,600 VND/kg, up 100 VND/kg; OM 5451 is 6,900 VND/kg, an increase of 200 VND/kg; Jasmine at 7,100 VND/kg, up 100 VND/kg

For rice, the price of raw rice is 12,100 VND/kg; finished rice at 14,100 VND/kg.

With by-products, by-product prices remained stable. Accordingly, plate price is 11,500 VND/kg; dry bran at 7,700 VND/kg.

On the rice export market, according to the Vietnam Food Association, on August 4, the export price of 5% broken rice traded at $618/ton; 25% broken rice at 598 USD/ton.

According to Mr. Nguyen Ngoc Nam, Chairman of the Vietnam Food Association, from now until the end of the year, the demand for rice imports from other countries is still very large. This is Vietnam’s opportunity to produce and export this item, but it is also necessary to closely assess the risks of the export market.

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