Rice price decreased by 100 VND/kg, rice export increased slightly

Rice prices today, June 29, in the Mekong Delta region, slightly decreased for rice while remaining stable for paddy. Rice market transactions are slow, prices slightly decreased.

The rice market in the Mekong Delta today is generally still low in volume and slow in transactions. Specifically, in Sa Dec (Dong Thap), rice arrivals are low, rice quality has not improved, warehouse purchases are slow, rice prices fluctuate slightly. In An Cu (Cai Be, Tien Giang), rice arrivals are low, warehouse purchases are quite good, prices have dropped slightly for good rice, new good rice has dropped by 100 VND. In Lap Vo (Dong Thap), rice arrivals are quite good, transactions are slow, rice quality is poor, few good lots.

According to the update from the Department of Agriculture and Rural Development of An Giang province, the price of rice today decreased slightly by 100 VND compared to yesterday. Specifically, the price of IR 504 raw rice is at 10,700 - 10,850 VND/kg; IR 504 finished rice is at 12,600 - 12,900 VND/kg.

Similarly, the price of by-products today has been adjusted compared to yesterday. Currently, the price of IR 504 sheet has been adjusted compared to yesterday at 9,100 - 9,300 VND/kg, down 200 VND/kg. Meanwhile, the price of dry bran remains stable at 7,000 - 7,100 VND/kg.

At retail markets, rice prices have not been adjusted. Currently, Nang Nhen rice has the highest listed price of VND30,000/kg; Jasmine rice is VND18,000 - 20,000/kg; Nang Hoa rice is VND20,000/kg; regular rice fluctuates around VND15,000 - 16,000/kg; long-grain fragrant rice is VND20,000 - 21,000/kg; Jasmine rice is VND20,000/kg; Taiwanese fragrant rice is VND21,000/kg; common white rice is VND17,000/kg; regular Soc rice is VND18,500/kg; Thai Soc rice is VND20,000/kg; Japanese rice is VND22,000/kg.

Rice price today, June 29: Rice price decreased by 100 VND/kg, rice export increased slightly

Regarding rice, in Dong Thap today, prices are stable, with few new rice transactions. In Can Tho, transactions are stable, mainly with pre-deposited rice, with few new transactions. In Kien Giang, transactions are slow, with few traders buying.

Specifically, according to the update of the Department of Agriculture and Rural Development of An Giang province, Dai Thom 8 rice fluctuates around 7,200 - 7,400 VND/kg; OM 18 rice is at 7,200 - 7,400 VND/kg; IR 504 is at 7,000 - 7,200 VND/kg; OM 5451 is at 6,900 - 7,000 VND/kg; Nang Hoa 9 rice fluctuates around 7,600 - 7,700 VND/kg; OM 380 rice is at 6,800 - 7,000 VND/kg.

Accordingly, the sticky rice market recorded no adjustment compared to yesterday. The price of 3-month sticky rice (dry) remained unchanged compared to the price of 8,800 VND/kg to 9,000 VND/kg. In addition, 9,000 - 9,200 VND/kg is the selling price applied to Long An sticky rice (dry). On the other hand, 3-month sticky rice (fresh) and Long An sticky rice (fresh) continued to be stable today.

In the export market, Vietnam's rice export prices have been adjusted. According to the Vietnam Food Association (VFA), 100% broken rice is stable at 468 USD/ton; 5% broken rice is currently at 569 USD/ton, up 2 USD; 25% broken rice is stable at 544 USD/ton, up 1 USD.

According to the report of the Ministry of Agriculture and Rural Development, in the first 6 months of the year, the whole country cultivated 5.03 million hectares of rice, an increase of 0.9% over the same period last year. As of June 28, the whole country had harvested 3.48 million hectares of rice, an increase of 0.5%; the average yield was 67.1 quintals/ha, an increase of 0.7 quintals/ha; the output on the harvested area reached 23.3 million tons, an increase of 1.6% over the same period last year. In the first 6 months of the year, rice exports reached 4.68 million tons (up 10.4%), worth 2.98 billion USD (up 32%).

* Information for reference only.

Source: https://congthuong.vn/gia-lua-gao-hom-nay-ngay-296-gia-gao-giam-100-dongkg-gao-xuat-khau-tang-nhe-328991.html