Domestic rice prices continue to decrease, export rice prices remain stable

Today, October 17, 2024, rice prices in the Mekong Delta region fluctuated, with rice prices increasing slightly by 100 VND/kg. Paddy prices remained stable.

According to an update from the Department of Agriculture and Rural Development of An Giang province, rice prices today remain unchanged compared to yesterday. Specifically: IR 50404 is priced at 6,800 - 7,000 VND/kg; Dai Thom 8 rice at 7,800 - 8,000 VND/kg; OM 5451 rice at 7,200 - 7,300 VND/kg; OM 18 rice at 7,500 - 7,800 VND/kg; OM 380 rice at 7,200 - 7,300 VND/kg; Nhat rice at 7,800 - 8,000 VND/kg; and Nang Nhen (dried) rice at 20,000 VND/kg.

In addition, the glutinous rice market has not adjusted. Long An IR 4625 glutinous rice (dry) is 9,600 - 9,800 VND/kg, stable compared to yesterday. Long An 3-month glutinous rice (dry) is 9,800 - 10,000 VND/kg, unchanged compared to yesterday.

Giá lúa gạo hôm nay 17/10/2024: Giá gạo trong nước tiếp tục giảm, giá gạo xuất khẩu ổn định

Rice prices today, October 17, 2024: Domestic rice prices continue to fall, export rice prices remain stable. Photo: Minh Tam.

On the rice market, as of October 17, 2024, rice prices recorded a slight decrease compared to yesterday. Currently, the price of IR 504 summer-autumn raw rice is at 10,300 - 10,600 VND/kg, a decrease of 100 - 200 VND/kg. Meanwhile, finished IR 504 rice is at 12,500 - 12,700 VND/kg.

Regarding by-products, the prices of various by-products fluctuate between 5,900 - 9,600 VND/kg. Currently, the price of OM 5451 broken rice is at 9,500 - 9,600 VND/kg; the price of dry bran is at 5,900 - 6,000 VND/kg, unchanged from yesterday.

At retail markets, rice prices mostly remained stable, with some varieties experiencing slight increases. Currently, Nang Nhen rice is listed at the highest price of 28,000 VND/kg; Jasmine rice at 18,000 - 20,000 VND/kg; Nang Hoa rice at 21,500 VND/kg; regular white rice fluctuating around 15,000 - 16,000 VND/kg; long-grain Thai fragrant rice at 20,000 - 22,000 VND/kg (up 1,000 VND/kg); Huong Lai rice at 23,000 VND/kg; Taiwanese fragrant rice at 21,000 VND/kg (up 1,000 VND/kg); common white rice at 17,500 VND/kg; regular Soc rice at 18,500 VND/kg; Soc Thai rice at 21,000 VND/kg; and Japanese rice at 22,000 VND/kg.

In the export market, Vietnam's rice export prices did not record any adjustment compared to yesterday. According to the Vietnam Food Association (VFA), 100% broken rice was at 439 USD/ton; 5% standard rice was at 537 USD/ton; 25% broken rice was at 509 USD/ton.