Rice prices today 6/12/2023: Rice prices rise, rice prices are flat

Rice prices today 6/12 fluctuated in the opposite direction as rice prices rose by 100 – 300 VND/kg and rice prices leveled off after the correction session. The market trades stably.

Rice prices today 6/12 in the Mekong Delta region adjusted upward with many types of rice.

Accordingly, in An Giang region, according to the update of the Department of Agriculture and Rural Development of An Giang Province, IR 504 rice remained stable at 8,800 — 9,000 VND/kg, increased by 100 VND/kg; Tai Thom 8 increased by 100 VND/kg to 9,200 — 9,400 VND/kg; OM 5451 rice at 9,200 – 9,400 VND/kg, increased by 200 VND/kg; OM 18 rice increased by 300 VND/kg to 9,300 — 9,500 VND/kg. OM 380 rice alone fluctuates around 8,600 – 8,800 VND/kg; Nha Hoa 9 ranges around 9,100 – 9,200 VND/kg.

Similarly, An Giang dry line is stable around 9,400 – 9,800 VND/kg; Long An dry line at 9,400 – 9,800 VND/kg. Meanwhile, for rice varieties today there is no volatility compared to yesterday. Accordingly, the price of raw rice OM 5451 in Vietnam continued to move sideways and fluctuated around 13,350 – 13,500 VND/kg; finished rice OM 5451 remained around 15,600 – 15,700 VND/kg. For by-products categories today went sideways after yesterday’s bullish correction session. Currently, the price of OM 5451 sheet is kept at 11,700 – 11,800 VND/kg and dry bran is stable around 6,600-6,700 VND/kg.
At the market rice channel, the price of many types of rice raw materials increased from 50 — 100 VND/kg compared to the end of last week. Accordingly, in An Cu (Cai Be, Tien Giang), the price of raw rice for Tai Thom 8, OM 18 adjusted to increase by 100 VND/kg, to 14,100 — 14,200 VND/kg. Meanwhile, in Sa Dec, Dong Thap, the price of raw rice for Tai Thom 8, OM 18 increased by 100 VND/kg to 13,900 — 14,100 VND/kg; OM 5451 rice increased by 50 VND/kg to 13,500 — 13,600 VND/kg; OM 380 rice increased by 50 VND/kg to 12,600 — 12,700 VND/kg. The Mekong Delta region rice market noted slow rice trading. The remaining rice resources are scarce. The rice areas prepared for cutting are mainly in Soc Trang, Bac Lieu, An Giang, some copper in Kien Giang. In the rice market, rice prices of all kinds remained stable compared to yesterday. Warehouses bought in evenly. Domestic rice trading is vibrant due to warehouses buying for the New Year.

At retail markets, today the price of Soc rice is usually at 19,000 VND/kg; Nang Hoa 9 rice at 19,500 VND/kg; Nang Nhen rice fluctuates around 26,000 VND/kg; Jasmine rice is stable at 16,000 – 18,500 VND/kg; plain rice is usually at 12,000 – 14,000 VND/kg; common white rice 16,000 VND/kg /kg; long sliced aromatic rice 18,000 – 20,000 VND/kg; Huong Lai rice 19,500 VND/kg; ordinary squirrel rice 16,000 – 17,000 VND/kg; sliced squirrel rice 18,500 VND/kg; Taiwan aromatic rice 21,000 VND/kg; Japanese rice 22,000 VND/kg. In the export market, Vietnam’s export rice prices leveled off and went flat after a bullish correction session. Accordingly, the export price of 5% plate rice is at $663 per ton and the price of rice of 25% plate type ranges around $648 per ton.

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