Rice prices today on April 11th, 2024 in the Mekong Delta of Vietnam: Low resources, high demand for rice

Rice prices today, April 11, in the Mekong Delta region remained stable compared to yesterday. In localities, the rice source is still small, most of the rice has been staked.

Rice prices today, April 11, in the Mekong Delta region remained stable for both paddy and rice.

Accordingly, for rice products, today rice prices maintain a sideways trend. It was noted that in localities today, there was a lot of dry rice trading. Customers with stored rice offered high prices. In An Giang, there are few new rice transactions, most of the rice has been staked. In Kien Giang, the quantity of Japonica rice has decreased significantly, making it difficult to buy new rice. In Dong Thap, the demand for rice is good but the source is very limited.

Specifically, according to updates from the Department of Agriculture and Rural Development of An Giang province, OM 18 rice is at 7,800 – 8,000 VND/kg; OM 5451 at 7,600 – 7,700 VND/kg; Fresh Long An sticky rice 7,800 – 8,000 VND/kg; Dai Thom 8 rice fluctuates around 7,700 – 8,000 VND/kg; IR 504 at 7,200 – 7,300 VND/kg; Nang Hoa 9 rice fluctuates around 7,500 – 7,700 VND/kg; OM 380 rice remains stable around 7,500 – 7,600 VND/kg.

Rice prices today remain stable

 

In the rice market, in localities today, the amount of rice arriving is small, beautiful rice is in warehouses, and the price has increased. Specifically, the price of IR 504 raw rice fluctuates around 10,950 – 11,050 VND/kg; IR 504 finished rice remains stable around 13,450 – 13,550 VND/kg.

For by-products, prices do not fluctuate. Accordingly, the price of IR 504 panels remains stable at 10,700 – 10,800 VND/kg; Dry bran fluctuates around 4,700 – 4,750 VND/kg.

At retail markets, rice prices are flat. Accordingly, rice prices often fluctuate around 14,000 – 15,000 VND/kg; Jasmine rice 17,000 – 18,000 VND/kg; Nang Nhen rice 26,000 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.

On the export market, Vietnam’s export rice prices went sideways today. According to the Vietnam Food Association, standard 5% broken rice is currently at 576 USD/ton, 25% broken rice at 554 USD/ton, 100% broken rice at 480 USD/ton.

In the first three months of the year, Vietnam exported more than 2.1 million tons of rice, worth nearly 1.4 billion USD, an increase of about 42% over the same period last year.

With this result, rice exports have reached the top of agricultural products with high growth rates and reached over billion USD in the first 3 months of the year.

The reason is that main markets such as the Philippines, Indonesia, China, Ghana, Malaysia, and Singapore all increased their purchases of Vietnamese goods. In particular, the Philippines’ rice auctions in the first quarter were always dominated by Vietnamese goods.