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Rice prices today on November 2nd, 2023 in the Mekong Delta of Vietnam: Comment prices gradually increase
Rice price today November 2, 2023 While rice price leveled off after an upward adjustment, rice price continued to increase slightly by 50 VND/kg. On the export market, the export price of 5% broken rice is at 653 USD/ton, an increase of 10 USD/ton.
Rice prices today, November 2, in the Mekong Delta region fluctuated in opposite directions, remaining stable for rice and adjusting upward for many types of rice.
Rice price today November 2, 2023 Mixed fluctuations between products. Illustration.
Accordingly, in the An Giang area, according to updates from the Department of Agriculture and Rural Development of An Giang province, IR 504 rice fluctuates around the mark of 8,700 – 8,800 VND/kg, an increase of 100 VND/kg; OM 5451 rice is at 8,800 – 8,900 VND/kg, an increase of 100 VND/kg; Long An sticky rice (dried) is at 9,400 – 9,800 VND/kg, an increase of 200 VND/kg.
The rice market today adjusted upward for many rice products. Accordingly, at export warehouses in Dong Thap, the price of raw rice OM 5451 increased by 50 VND/kg to 13,600 – 13,700 VND/kg, an increase of 50 VND/kg; Taiwanese raw rice 8, OM 18 increased by 50 VND/kg to 13,800 – 13,900 VND/kg. Finished rice OM 5451 504 is at 15,500 – 15,600 VND/kg.
For the remaining rice types, prices went sideways. Accordingly, OM 380 raw rice remains stable around 13,050 – 13,100 VND/kg; IR 504 raw rice remains stable around 13,100 – 13,200 VND/kg.
At the market rice channel, rice prices today leveled off and went sideways after an upward adjustment session. Accordingly, in Tien Giang, the price of raw rice Dai Thom 8, OM 18 is at 14,200 – 14,400 VND/kg; OM 5451 raw rice fluctuates around 13,800 – 13,900 VND/kg; IR 504 rice at 13,200 – 13,300 VND/kg; OM 380 rice maintains around 13,100 – 13,200 VND/kg; Raw rice ST 21 and ST 24 maintain around the mark of 14,300 – 14,400 VND/kg.
With by-products today, the price of by-products does not fluctuate. Accordingly, the price of IR 504 panels is at 13,000 – 13,200 VND/kg; The price of dry bran remains stable at 7,500 – 7,600 VND/kg.
Recorded in the Mekong Delta region today, the price of Autumn-Winter rice is anchored at a high level, the main transactions are businesses buying, traders and customers do not dare to buy due to high prices and great risks.
In the rice market, the price of white raw rice is stable. Demand for fragrant rice increased, factories offered small quantities for sale.
At retail markets, the price of Nang Hoa 9 rice is 19,500 VND/kg. Meanwhile, Nang Nhen rice went sideways and fluctuated around 26,000 VND/kg; Jasmine rice is stable at 16,000 – 18,500 VND/kg; Regular rice is usually priced at 12,000 – 14,000 VND/kg; Common white rice 16,000 VND/kg; long-grain fragrant rice 18,000 – 20,000 VND/kg; Huong Lai rice 19,500 VND/kg; Squirrel rice usually costs 16,000 – 17,000 VND/kg; Thai squirrel rice 18,500 VND/kg; Taiwanese fragrant rice 21,000 VND/kg; Japanese rice 22,000 VND/kg.
In the export market, Vietnam’s export rice price today increased sharply by 10 USD/ton. According to the Vietnam Food Association (VFA), the current export price of 5% broken rice is at 653 USD/ton, an increase of 10 USD/ton; The price of 25% broken rice fluctuates around 638 USD/ton.