Rice prices decrease by 50-150 VND; paddy prices increase and decrease in opposite directions

Rice prices today, August 25, in the Mekong Delta region are stable compared to yesterday. Last week, rice prices increased and decreased in opposite directions; rice prices decreased slightly by 50 - 150 VND/kg. Export rice prices remained high.

Recorded in localities in the Mekong Delta today, demand for rice is slow, prices are stable, and quantity is low.

Rice price today August 25, 2024: Rice price decreased from 50 -150 VND; Rice price increased and decreased in opposite directions

Update from the Department of Agriculture and Rural Development of An Giang province said that today's rice price has not been adjusted compared to yesterday, IR 50404 price fluctuates around 7,800 - 8,000 VND/kg; Dai Thom 8 rice is at 8,400 - 8,600 VND/kg; OM 5451 rice is at 8,200 - 8,400 VND/kg; OM 18 rice is at 8,600 - 8,800 VND/kg; OM 380 fluctuates from 7,600 - 7,800 VND/kg; Japanese rice is at 7,800 - 8,000 VND/kg and Nang Nhen rice (dry) is 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 few buyers, stable prices, and slow transactions.

Regarding rice, the price of rice recorded no adjustment compared to yesterday. Currently, IR 504 summer-autumn raw rice is at 11,400 - 11,450 VND/kg; IR 504 finished rice is at 13,400 - 13,500 VND/kg.

By-products today recorded no adjustment compared to yesterday. Currently, the price of OM 5451 broken rice remains at 9,400 - 9,500 VND/kg; the price of dry bran remains at 7,100 - 7,200 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 remained unchanged compared to yesterday. According to the Vietnam Food Association (VFA), 100% broken rice remained at $440/ton; 5% broken rice remained at $578/ton; and 25% broken rice remained at $544/ton.