Rice prices today on September 16th, 2023 in the Mekong Delta of Vietnam: Extend the upward momentum

Rice prices today, September 16, in the domestic market fluctuated in opposite directions as raw rice prices increased, while by-product prices decreased.

Rice prices today, September 16, in the Mekong Delta fluctuated between rice and rice products.

Specifically, at An Giang warehouse, according to updates from the Department of Agriculture and Rural Development of An Giang province, prices of rice varieties adjusted to increase for many items.

Specifically, OM 18 rice is adjusted to increase by 100 VND/kg to 8,000 – 8,200 VND/kg, OM 5451 has a price of 7,700 – 8,100 VND/kg, an increase of 100 VND/kg.

Meanwhile, the remaining rice varieties have stable prices. Accordingly, Dai Thom 8 is stable at 8,000 – 8,200 VND/kg; Miss Hoa 9 costs 8,000 – 8,400 VND/kg; IR 50404 rice is stable at 7,800 – 8,000 VND/kg; Japanese rice 7,800 – 8,000 VND/kg.

With sticky rice, dry An Giang sticky rice is at 9,200 – 9,400 VND/kg; Dry Long An sticky rice ranges from 9,300 – 9,450 VND/kg.

Giá lúa gạo hôm nay ngày 16/9: Kéo dài đà tăng

With rice products, today continues to maintain an increasing trend with raw rice. Accordingly, IR 504 raw rice fluctuated around 11,700 – 11,900, an increase of 50 VND; Meanwhile, IR 504 finished rice remained stable at IR 504 at 13,750 – 13,800 VND/kg.

Contrary to the increase of rice, today’s by-product price adjusted downward for IR 504 panels. Accordingly, the price of IR 504 panels decreased by 50 VND/kg, down to 11,800 – 11,850. The price of dry bran alone remains stable at 7,100 – 7,200 VND/kg.

Recorded in the Mekong Delta region such as An Giang, Kien Giang, Dong Thap…. rice trading is quiet today. The reason is because the rice is close to the cutting date, farmers wait for higher prices. Summer-Autumn rice sources are exhausted.

In Tien Giang and Dong Thap, rice of all kinds is low and the quality has decreased. The purchasing needs of warehouses are all about choosing beautiful rice. Prices of rice types such as OM 5451, Om 380, IR 504 are relatively stable.

At retail markets, rice prices remained stable after a mixed adjustment session. Specifically, Jasmine rice remains at 15,500-17,000 VND/kg; sticky rice at 16,000-21,000 VND/kg; Regular rice is usually priced at 13,000-15,000 VND/kg; Popular white rice at 16,000 VND/kg; Nang Nhen rice costs 23,000 VND/kg; long-grain fragrant rice ranges from 18,000 – 20,000 VND/kg; Huong Lai 19,500 VND/kg; Nang Hoa 19,000 VND/kg; Soc rice usually costs 16,500 – 17,000 VND/kg; Soc Thai rice 18,500 VND/kg; Taiwanese fragrant rice 21,000 VND/kg; Japanese rice 22,000 VND/kg…

On the export market, export rice prices today went sideways after yesterday’s sharp drop. According to the Vietnam Food Association (VFA), the export price of 5% broken rice is currently at 613-617 USD/ton and 25% broken rice fluctuates around 598-602 USD/ton.

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