Rice price today April 18, 2025: Exports slightly decreased

On April 18, 2025, rice prices in the Mekong Delta continued to maintain a stable momentum. The amount of goods entering the market was not much, trading activities were slow and prices did not fluctuate much.

In localities such as An Giang or Lap Vo (Dong Thap), the demand for purchasing in warehouses is still slow. Some rice products such as OM 5451 and fragrant rice are still traded regularly, prices remain stable. In the Sa Dec (Dong Thap) and An Cu (Tien Giang) market areas, the situation is similar, the transaction volume is sporadic, the selling price has not changed much.

Raw rice prices in the region fluctuate within a narrow range. CL 555 rice is being purchased at around VND8,150 - 8,300/kg, OM 18 ranges from VND10,150 to VND10,300/kg. Jasmine rice remains at VND17,000 - 18,000/kg. Popular rice varieties such as OM 380, OM 5451 or IR 504 are also maintaining stable prices at around VND7,700 - 9,750/kg depending on the type. Finished rice IR 504 remains at VND7,600 - 7,800/kg, while Nang Hoa 9 is priced around VND6,550 - 6,750/kg.

At retail markets in An Giang, rice prices remained stable as at the beginning of the week. Fragrant rice was commonly sold at around VND18,000 - 22,000/kg, while regular rice was priced at VND15,000 - 16,000/kg. Nang Nhen rice maintained the highest price of up to VND28,000/kg, while fragrant rice varieties such as Jasmine or Huong Lai fluctuated in the price range of VND18,000 - 22,000/kg.

The glutinous rice market today generally has no major fluctuations. The price of fresh IR 4625 glutinous rice remains stable at around 7,700 - 8,000 VND/kg. 3-month dried glutinous rice is trading at 9,600 - 9,700 VND/kg.

For by-products, the market is stable, except for the price of bran which increased slightly by 450 VND/kg, currently reaching 6,300 - 6,400 VND/kg. The price of fragrant rice bran and rice husk also remained stable, at 7,100 - 7,300 VND/kg and 800 - 900 VND/kg, respectively.

Regarding rice prices, the general situation is that there is not much left in the fields. In many places such as Tra Vinh, the season has ended, most of the rice area has been deposited by traders waiting for harvest. In An Giang, Can Tho or Kien Giang, buying and selling transactions are still slow, but rice prices are generally stable. The price of OM 18 rice is currently fluctuating from 6,800 - 7,000 VND/kg, fragrant rice is commonly at 6,550 - 7,000 VND/kg, and regular rice is from 5,800 - 6,400 VND/kg depending on the type. Some varieties such as Dai Thom 8, OM 5451 or Nang Hoa 9 also maintain the same price as previous days.

In the export market, Vietnamese rice prices have tended to decrease slightly but still hold the highest position in the region. According to the Vietnam Food Association, the export price of 5% broken rice is at 396 USD/ton, down 1 USD compared to the previous day. 25% broken rice remains at 370 USD/ton, while 100% broken rice is at 317 USD/ton.

Although the volume of rice exported in the first quarter of this year increased, the average selling price decreased significantly. Vietnam exported about 2.3 million tons of rice, up 5.6% compared to the same period last year. However, the average price was only about $492/ton, the lowest since 2023 and down 21% compared to the end of last year.

As of mid-April, the downward trend continued. The price of 5% broken rice from Vietnam was only about 399 USD/ton. Meanwhile, Thailand and India also recorded their lowest prices in 3 years, at 393 USD and 374 USD/ton, respectively. India's lifting of the rice export ban has put great pressure on the market and caused a strong shift in commodity flows.

The situation of rice exports to Indonesia has also changed dramatically. Although last year it was the second largest market after the Philippines with nearly 1.3 million tons of rice imported from Vietnam, in the first quarter of 2025, the export volume to Indonesia decreased by 97%, to just over 14,000 tons, causing this country to drop to 10th place among Vietnam's rice import markets.

In contrast, markets in Africa are growing strongly. Rice exports to Ivory Coast increased threefold, while those to Ghana increased sevenfold compared to the same period last year. Both markets are now among the top five largest rice importers of Vietnam in the first quarter of the year.

Source: https://baoquangnam.vn/gia-lua-gao-hom-nay-18-4-2025-xuat-khau-giam-nhe-3153033.html