Rice prices today September 3rd and summary of last week in the Mekong Delta of Vietnam: : Prices of many types of rice increased by 200 VND/kg

Rice prices today, September 3, in the domestic market did not fluctuate. In the past week, the price of many rice products increased by 200 VND/kg.

Rice prices today, September 3, in the Mekong Delta region continue to trend sideways because traders and warehouses are still on the National Day holiday on September 2.

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 is 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.

Regarding rice products, today rice prices leveled off and went sideways after a downward adjustment session. Accordingly, IR 504 raw rice is stable at 12,300 – 12,350 VND/kg; IR 504 finished rice maintained around 14,300 – 14,400 VND/kg.

With by-products, the by-product prices do not change. Accordingly, the price of IR 504 sheet fluctuates from 11,900 to 12,000 VND/kg; The price of dry bran remains stable at 7,300-7,400 VND/kg.

According to traders, the amount of rice arriving today is small. Rice market transactions slow down because during the holiday season, warehouses stop buying. Over the past week, the prices of many rice products continued to increase by 100 – 200 VND/kg, while rice prices hardly fluctuated.

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 remain stable around 628 – 643 USD/ton. Accordingly, the export price of 5% broken rice is at $643/ton, and 25% broken rice is at $628/ton. Last week, export rice prices continued to increase with an increase of 5 USD/ton.

Recently, in a recent report sent to the Government Office, the Vietnam Food Association (VFA) proposed adding a mechanism to regulate the floor price of rice exports.

Building export floor prices is to protect producers/exporters and is a necessary measure at the present time. This will help stabilize the food situation in the country, benefiting consumers; stabilize the export situation to benefit farmers in the long run; As for export businesses – specifically those who have invested according to Decree 109 and Decree 107 in a factory/warehouse system that will help them survive and compete with other exporters in the marketplace. international.

In another development, the Philippines on August 31 also made a decision on a ceiling price for rice. This decision of the Philippines is in response to the alarming increase in retail rice prices.

Specifically, the ceiling price for conventionally milled rice in the Philippines is set at 41 pesos (0.72 USD)/kg, while the price of highly milled rice is set at 45 pesos (0.79 USD)/kg. . This mandatory ceiling is in effect until it is lifted by President Philippiens.