Rice prices today on September 5th, 2023 in the Mekong Delta of Vietnam: Rice prices simultaneously decreased by 300 – 550 VND/kg

Rice prices today on September 5 in the domestic market suddenly turned down. Trading market slowed down, many traders stopped buying to observe the market.

Rice prices today, September 5, in the Mekong Delta region were simultaneously adjusted to decrease for rice products.

Specifically, at An Giang warehouse, according to updates from the Department of Agriculture and Rural Development of An Giang province, Dai Thom 8 rice is stable at 8,000 – 8,200 VND/kg; OM 18 rice fluctuates around 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; OM 5451 rice price 7,800 – 8,000 VND/kg; Japanese rice 7,800 – 8,000 VND/kg.

Similarly, AG sticky rice (fresh) costs 6,300 – 6,400 VND/kg; Long An sticky rice (fresh) ranges from 7,200 – 7,500 VND/kg.

Recorded in the Mekong Delta region today, the Fall-Winter rice market traded slowly, many traders stopped buying to observe the market. The source of summer-autumn rice is exhausted.

Regarding rice products, rice prices dropped sharply today after many sideways sessions. Accordingly, IR 504 raw rice today dropped sharply by 550 VND/kg to 11,700 – 11,800 VND/kg; IR 504 finished rice decreased by 300 VND/kg to 14,000 – 14,100 VND/kg.

Giá lúa gạo hôm nay ngày 5/9: Giá gạo đồng loạt giảm 300 – 550 đồng/kg

With by-products prices also turned down. Accordingly, the price of IR 504 sheet is at 11,700 VND/kg, down 250 VND/kg; dry bran price decreased slightly by 100 VND/kg to 7,250 – 7,300 VND/kg.

According to traders, today the amount of rice has returned to the rai, the warehouses are open to buy after the holiday, but buy in moderation, waiting for the price to decrease further. The price of rice of all kinds decreased by 200 VND/kg; Some rice boats have reduced quality.

In Lap Vo, Sa Dec (Dong Thap) rice price IR 504, OM 5451, broken price dropped. IR 504 Summer-Autumn rice runs out of source, less rice from Cambodia, prices decrease.

In Kien Giang, the price of OM18 rice decreased by 100-150 VND/kg. OM18 Autumn-Winter and Summer-Autumn prices decreased compared to before.

In An Giang, when trading glutinous rice, the price of glutinous rice increased slightly by 100-200 VND/kg. The price of Long An sticky rice also increased.

At retail markets in An Giang province, rice prices are stable and unchanged. In which, the price of glutinous rice is 16,000 – 20,000 VND/kg; Normal rice is at 12,500 – 14,000 VND/kg, Nang Nhen rice is at 23,000 VND/kg; long grain fragrant rice ranges from 18,000 – 20,000 VND/kg; Jasmine fragrant rice at 16,000 – 18,500 VND/kg; Huong Lai 19,500 VND/kg; common white rice 15,500 VND/kg; Miss 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…

In the rice export market, according to the Vietnam Food Association (VFA), export rice prices remain stable around 628 – 643 USD/ton. Accordingly, the export price of 5% broken rice is at 643 USD/ton, 25% broken rice is at 628 USD/ton.

According to data from the Ministry of Agriculture and Rural Development, in the first 8 months of 2023, Vietnam’s rice exports reached 3.17 billion USD, up 36.1% over the same period last year. The average export price of rice in the first eight months of the year reached $542/ton, up 11.5% over the same period last year. Notably, there was a time when the export price of 5% broken rice was up to nearly $650/ton.

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