Rice price decreased by 150-300 VND/kg; paddy price decreased slightly

Rice prices today, August 29, in the Mekong Delta region decreased for rice and paddy. Rice prices decreased by 150 - 300 VND/kg, paddy prices decreased slightly by 100 - 200 VND/kg.

Recorded in localities in the Mekong Delta today, new rice transactions are slow, farmers offer stable prices, and anchor prices are high.

Giá lúa gạo hôm nay 29/8/2024: Giá gạo giảm 150 -300 đồng/kg; giá lúa giảm 100 - 200 đồng/kg

Rice price today August 29, 2024: Rice price decreased by 150-300 VND/kg; paddy price decreased slightly

Update from the Department of Agriculture and Rural Development of An Giang province said that today's rice price recorded a slight decrease compared to yesterday, IR 50404 price fluctuated around 7,900 - 8,000 VND/kg; Dai Thom 8 rice price decreased to 8,400 - 8,600 VND/kg, down 200 VND/kg; OM 5451 rice price decreased to 8,100 - 8,300 VND/kg, down 100 VND/kg; OM 18 rice price was 8,400 - 8,600 VND/kg, down 200 VND/kg; OM 380 fluctuated from 7,600 - 7,800 VND/kg; Japanese rice was at 7,800 - 8,000 VND/kg and Nang Nhen rice (dry) was at 20,000 VND/kg.

Besides, the glutinous rice market remained unchanged compared to yesterday. IR 4625 glutinous rice (fresh) 7,400 - 7,600 VND/kg, stable compared to yesterday. An Giang glutinous rice (fresh) 7,000 - 7,200 VND/kg, unchanged compared to yesterday.

The rice market in localities in the Mekong Delta today generally has low volume, little good rice, slow purchasing in warehouses, and slightly reduced prices.

Regarding rice, rice prices have been adjusted compared to yesterday. Currently, IR 504 Summer-Autumn raw rice is down to 11,150 - 11,300 VND/kg, down 250 - 300 VND/kg; IR 504 finished rice is down to 13,300 - 13,400 VND/kg, down 150 VND/kg.

By-products today recorded an adjustment compared to yesterday. Currently, the price of OM 5451 broken rice has dropped to 9,300 - 9,400 VND/kg, down 100 VND/kg; the price of dry bran remains at 6,900 - 7,050 VND/kg.

At retail markets, rice prices have not been adjusted for individual rice products. Currently, Nang Nhen rice has the highest listed price of VND28,000/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; Huong 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.

In the export market, Vietnam's rice export prices recorded an adjustment compared to yesterday. According to the Vietnam Food Association (VFA), 100% broken rice remained at 440 USD/ton; 5% standard rice fell to 578 USD/ton, down 1 USD; 25% broken rice fell to 545 USD/ton, down 2 USD.