Rice prices today on September 9th, 2023 in the Mekong Delta of Vietnam: Traders stopped buying, market transactions were slow

Rice prices today, September 9, in the domestic market stagnated and went sideways after an upward adjustment session. Rice market transactions are slow, traders stop buying.

Rice prices today, September 9, in the Mekong Delta region have not changed compared to yesterday.

Specifically, at An Giang warehouse, according to updates from the Department of Agriculture and Rural Development of An Giang province, OM 5451 rice has a price of 7,800 – 8,100 VND/kg; 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; Japanese rice 7,800 – 8,000 VND/kg.

For sticky rice, fresh An Giang sticky rice is at 6,300 – 6,500 VND/kg; Fresh Long An sticky rice fluctuates around 7,300 – 7,450 VND/kg.

Recorded in the Mekong Delta region today, transactions of Autumn-Winter rice of all types are slow, rice prices of all types are stable, traders rarely buy new ones. Summer-Autumn rice supply slows down.

Regarding rice products, rice prices today leveled off and went sideways after an upward adjustment session. Accordingly, IR 504 raw rice fluctuates around 11,950 – 12,050 VND/kg; IR 504 finished rice is at 14,100 – 14,200 VND/kg.

With by-products, by-product prices also do not fluctuate. Accordingly, the price of IR 504 panels is at 11,800 VND/kg; Dry bran price is at 7,250 – 7,300 VND/kg.

According to traders, the amount of rice arriving today is small, warehouses are asking to buy more. Rice prices of all types tend to increase slightly. In Can Tho, OM 18 rice prices tend to increase. The demand for finished rice is low, the source of raw rice is not much, and the purchasing warehouse is stable.

At retail markets in An Giang province, rice prices are stable and do not fluctuate. Among them, sticky rice costs 16,000 – 20,000 VND/kg; Regular rice is priced at 12,500 – 14,000 VND/kg, Nang Nhen rice is priced 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; 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…

In the rice export market, according to the Vietnam Food Association (VFA), export rice prices stagnated after a downward adjustment session. Accordingly, the export price of 5% broken rice is at 628 USD/ton; 25% broken rice at 613 USD/ton.

According to Vietnam Market Analysis and Forecasting Joint Stock Company (AgroMonitor), in the Asian rice market last week, rice export prices from other countries dropped sharply while Indian rice prices remained at a high level. The amount of Cambodian rice arriving is equivalent to last week. In August, Vietnamese rice deliveries to the Philippine market increased sharply compared to the previous two months, while deliveries to other markets also showed signs of increasing but not much.