Rice prices today on April 1st, 2024 in the Mekong Delta of Vietnam: Variation between rice and jar

Rice prices today, April 1, in the Mekong Delta region fluctuated in opposite directions as they increased for rice and remained stable for rice.

Rice prices today, April 1, in the Mekong Delta region remained stable for rice and adjusted to increase sharply for rice.

On the rice market, there were no changes in provinces in the Mekong Delta today. In localities such as Hau Giang, An Giang, Kien Giang, Dong Thap… the average price of rice fluctuates around 7,400 – 8,000 VND/kg.

According to updates from the Department of Agriculture and Rural Development of An Giang province, Dai Thom 8 rice fluctuates around 7,700 – 7,900 VND/kg; OM 18 rice is at 7,700 – 7,900 VND/kg; IR 504 at 7,400 – 7,500 VND/kg; OM 5451 at 7,500 – 7,600 VND/kg; OM 380 rice ranges from 7,500 – 7,600 VND/kg; Nang Hoa 9 rice fluctuates around 7,700 – 7,900 VND/kg; Long An sticky rice maintains around the mark of 7,700 – 7,900 VND/kg.

Rice prices today remained stable for rice

 

In Kien Giang, Japonica harvest is large, ST rice source is small, harvest is at the end of the field, fresh rice transactions are few and difficult to buy. In Dong Thap, farmers offered price increases.

In the rice market, it was recorded that in localities today, the demand for rice from warehouses was steady, the price increased from 100 – 500 VND/kg. In Sa Dec (Dong Thap), the rice source is small, mainly bad rice, beautiful rice, and customers rely on it a lot, waiting for a new situation.

In Kien Giang, the warehouses asked to buy better quantities, the prices for different types increased, some factories sold small quantities. In Sa Dec, rice arrivals decreased compared to last week, warehouses bought them evenly, and customers offered to increase prices.

Specifically, the price of IR 504 raw rice fluctuates around 10,500 – 10,550 VND/kg, an increase of 450 – 500 VND/kg; IR 504 finished rice remained stable at 12,900 – 13,000 VND/kg, an increase of 300 VND/kg.

For by-products, the price of IR 504 panels is at 10,500 – 10,600 VND/kg, an increase of 300 VND/kg; Dry bran remained stable around 4,800 – 4,900 VND/kg, an increase of 100 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 rice export prices today stagnated and moved sideways after a downward adjustment session. According to the Vietnam Food Association VFA, standard 5% broken rice is currently at 592 USD/ton; 25% broken rice at 558 USD/ton; 100% broken rice remained stable at 478 USD/ton.

In the first quarter of 2024, Vietnam’s rice exports grew impressively, with an export volume of 2.07 million tons and a turnover of 1.37 billion USD; increase 12% in volume and 40% in turnover compared to the first 3 months of 2023. Vietnam continues to be one of the top 3 rice exporting countries in the world, accounting for about 15% of total global rice exports, next to India and Thailand.