Rice prices today on October 14th, 2023 in the Mekong Delta of Vietnam: Extend the price increase

Rice prices today, October 14, in the domestic market continue to increase for rice. In the export market, Vietnamese rice prices increased sharply by 5 – 10 USD/ton.

Rice prices today, October 14, in the Mekong Delta region continue to trend sideways.

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 7,900 – 8,100 VND/kg; OM 5451 rice ranges from 7,800 – 8,000 VND/kg; OM 18 rice is at 7,900 – 8,100 VND/kg; Nang Hoa 9 costs 8,200 – 8,300 VND/kg; Fresh fragrant 8 leaves 7,800 – 8,100 VND/kg; Nhen (dried) 15,000 VND/kg; Japanese rice is stable at 7,800 – 8,000 VND/kg.

For sticky rice products, Long An sticky rice (dried) is at 9,200 – 9,400 VND/kg; An Giang sticky rice (dried) is at 9,000 – 9,200 VND/kg.

For rice products, the price of raw rice and finished products is adjusted to increase from 50 – 100 VND/kg. Accordingly, the price of IR 504 raw rice fluctuates around 12,450 – 12,550 VND/kg, an increase of 100 VND/kg; IR 504 finished rice fluctuates around 14,450 – 14,550 VND/kg, an increase of 50 VND/kg.

For by-products, the price of by-products today increased by 100 VND/kg compared to yesterday. Currently, the price of IR 504 panels remains at 12,300 – 12,400 VND/kg, an increase of 100 VND/kg; Dry bran price is at 7,050 – 7,200 VND/kg, an increase of 100 VND/kg.

Recorded in the Mekong Delta region today, farmers offered prices for Autumn-Winter rice of all types that tended to increase during the weekend session. Traders and customers had difficulty buying rice, so few transactions were closed. Many traders stopped buying and observed the market.

In the rice market, raw rice of all kinds continues to arrive in small quantities and with better quality. IR 504 and OM 5451 rice prices remain high. The need for traders to buy again and again.

At retail markets, the price of Nhen rice 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; Nang Hoa rice 19,000 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 adjusted up after many sideways sessions. According to the Vietnam Food Association (VFA), in the trading session on October 13, the export price of 5% broken rice was at 623 USD/ton, an increase of 5 USD/ton; The price of 25% broken rice fluctuates stably around 608 USD/ton, an increase of 10 USD/ton.

Export businesses said that currently, countries’ demand for rice imports is still high. In the first 10 days of October, Vietnamese rice deliveries to the Philippine and Indonesian markets tended to be positive when the quantity delivered was half compared to the previous month. Meanwhile, the number of deliveries to other markets is still quite low.