Today’s rice price on July 20, 2023 in the Mekong Delta of Vietnam: Lots of sources, high prices of summer-autumn rice

The price of rice today on July 20, 2023 in the domestic market is adjusted down by 50-100 VND/kg. The market is active.

Rice prices today on July 20, 2023 in the Mekong Delta region adjusted down with some types of rice.

Accordingly, at An Giang warehouse, the price of IR 504 rice is being purchased at 6,500 – 6,750 VND/kg, down 50 VND/kg; Dai Thom 8 rice at 6,800 – 7,000 VND/kg, down 100 VND/kg.

With the remaining rice varieties, prices are flat. Specifically; OM 5451 rice ranges from 6,400 to 6,600 VND/kg; OM 18 rice price 6,600 – 6,800 VND/kg; Miss Hoa 9 costs 6,600 – 6,800 VND/kg; Japanese rice is also stable at 7,800 – 8,000 VND/kg; Nang Nhen rice (dry) at 13,000 VND/kg.

With sticky rice, An Giang (fresh) is being purchased by traders at 5,800 – 6,000 VND/kg; Long An sticky rice (fresh) ranges from 6,300 to 6,500 VND/kg; AG (dry) sticky rice at 7,400 – 7,600 VND/kg; Long An sticky rice (dry) costs 7,700 – 7,900 VND/kg.

For rice, the price of raw rice was adjusted down by 50 VND/kg while the finished rice remained stable.

Accordingly, IR 504 raw rice is at 10,200 – 10,250 VND/kg, down 50 VND/kg. Finished rice is at 11,600 – 11,700 VND/kg.

For by-products, the price of IR 504 sheet ranges from 9,700 to 9,800 VND/kg. Meanwhile, the price of dried bran is 7,300 VND/kg.

According to traders, now the amount of rice is high, the price of rice of all kinds is high. Good demand and purchasing power. The rice market traded stably, many localities harvested summer-autumn rice profusely, and the price of rice of all kinds increased.

The price of some types of rice and rice decreased, but this price is still higher than that of the winter-spring crop and the summer-autumn crop last year.

At retail markets, the price of rice is usually 11,500 – 12,500 VND/kg; Intestinal sticky rice remained stable at 14,000 – 16,000 VND/kg. Nang Nhen rice is priced at 22,000 VND/kg. Long grain Thai fragrant rice maintains 18,000 – 19,000 VND/kg; Jasmine fragrant rice costs 15,000 – 16,000 VND/kg.

Huong Lai rice costs 19,000 VND/kg; Common white rice costs 14,500 VND/kg; Nang Hoa rice costs 18,500 VND/kg; Soc rice usually fluctuates from 14,000 to 15,000 VND/kg.

Soc Thai rice stable price 18,000; Taiwanese fragrant rice costs 20,000 VND/kg; Japanese rice costs 22,000 VND/kg and bran remains at 8,500 – 9,000 VND/kg.

In the export market, export rice prices remained stable after an upward correction. Specifically, 5% broken rice traded at 528 USD/ton; 25% broken rice at 508 USD/ton.

The price of Vietnamese rice is continuing to maintain its upward momentum in the context of high demand for Vietnamese rice. Many countries around the world are actively purchasing rice to ensure food security when the El Nino phenomenon is forecast to negatively affect agricultural farming activities globally.