Rice prices today, March 9, and this week fluctuate strongly

Báo Công thươngBáo Công thương09/03/2025

Rice prices today, March 9, in the Mekong Delta region have temporarily stabilized, after a week of witnessing consecutive fluctuations in rice and fresh paddy prices.


Rice prices today, March 9, 2025, in the Mekong Delta region remained stable. Specifically, according to the update from the Department of Agriculture and Rural Development of An Giang province, there were no fluctuations in both fresh rice and rice.

Giá lúa gạo hôm nay ngày 9/3 và tuần biến động mạnh

Rice prices today, March 9, and last week fluctuated strongly. Photo: Thanh Minh.

In particular, for rice, the price of rice increased again in the middle of the week, then remained stable and stabilized at the end of the week. During the week, rice increased by a total of 250 VND/kg.

According to the update from the Department of Agriculture and Environment of An Giang province, currently OM 380 raw rice fluctuates at 7,850 - 8,000 VND/kg; IR 504 raw rice fluctuates at 8,150 - 8,200 VND/kg; OM 18 raw rice fluctuates at 9,300 - 9,500 VND/kg; 5451 raw rice fluctuates at 8,500 - 8,600 VND/kg; OM 380 finished rice fluctuates at 8,800 - 9,000 VND/kg; IR 504 finished rice fluctuates at 9,500 - 9,700 VND/kg.

For by-products, the price of by-products fluctuates from 5,550-7,300 VND/kg. Currently, the price of fragrant rice bran fluctuates at 7,100-7,300 VND/kg; rice bran 3-4 increased to 6,600-6,700 VND/kg; the price of dry bran fluctuates at 5,550-5,700 VND/kg compared to the weekend.

Recorded in localities today, the quantity is small, the price of rice of all kinds fluctuates little, buying and selling transactions are slow. In Lap Vo (Dong Thap), the quantity is small, the price is stable. In Sa Dec (Dong Thap), the price of rice of all kinds is stable.

Sa Dec market canal (Dong Thap), rice is available in small quantities, market warehouses buy slowly, rice prices of all kinds are stable. At An Cu (Cai Be, Tien Giang), rice is available in small quantities, prices are stable, and demand is slow.

At retail markets, the prices of all types of rice remained unchanged compared to the weekend. Currently, Nang Nhen rice has the highest listed price of VND28,000/kg; regular rice fluctuates at VND15,000-16,000/kg; long-grain fragrant rice fluctuates at VND20,000-22,000/kg; Huong Lai rice fluctuates at VND22,000/kg; Jasmine fragrant rice fluctuates at VND18,000-20,000/kg; Nang Hoa rice fluctuates at VND22,000/kg; Taiwanese fragrant rice fluctuates at VND21,000/kg; common white rice fluctuates at VND17,000/kg; Soc regular rice fluctuates at VND18,000/kg; Soc Thai rice is priced at VND21,000/kg; Japanese rice is priced at VND22,000/kg.

Similarly, with rice, during the week, some fresh rice prices decreased at the beginning of the week, then reversed and increased in the middle of the week, then stabilized at the end of the week. During the week, fresh rice prices decreased by a total of 200 VND/kg.

Regarding rice, according to the update from the Department of Agriculture and Environment of An Giang province, the current price of OM 18 rice (fresh) fluctuates at 6,400 - 6,500 VND/kg; Dai Thom 8 rice (fresh) fluctuates at 6,400 - 6,500 VND/kg; OM 5451 rice (fresh) fluctuates at 5,700 - 5,900 VND/kg; IR 50404 rice (fresh) fluctuates at 5,500 - 5,600 VND/kg; OM 380 rice (fresh) fluctuates at 5,000 - 5,200 VND/kg; Nhat rice is at 7,800 - 8,000 VND/kg; Nang Hoa 9 rice is at 9,200 VND/kg.

In many localities today, there are plenty of sources, but buying and selling transactions are slow. In Hau Giang, traders are slow to ask for purchases, and transactions are sparse. In An Giang, there are plenty of sources, but buying demand is slow, and prices are stable compared to yesterday.

In Can Tho, the quantity is still small, most of the areas have been staked by traders. In Kien Giang, the rice source is still quite good, buying and selling transactions are slow, prices are relatively stable.

In the export market, Vietnam's rice export prices today remained unchanged compared to the end of the week. According to the Vietnam Food Association (VFA), currently 5% standard rice is at 389 USD/ton; 25% broken rice is at 364 USD/ton; 100% broken rice is at 307 USD/ton.

According to the latest information from the Ministry of Agriculture and Environment and the Ministry of Industry and Trade in February 2025, Vietnam exported about 560,000 tons of rice with a value of 288.2 million USD. Thereby, bringing the total volume and value of rice exports in the first two months of 2025 to 1.1 million tons and 613 million USD, up 5.9% in volume, but down 13.6% in value compared to the same period in 2024.

According to the two ministries, in contrast to the situation last year, domestic rice prices and export rice prices have continuously decreased from the end of 2024 to around the end of February 2025. The main reason for the current decline in export rice prices is that India has loosened its rice export restrictions after 2 years of tightening, causing Vietnam's rice export market to compete with rice products from this country.

Meanwhile, rice import demand from major markets such as the Philippines and Indonesia is also decreasing and slowing down, as these countries have accumulated enough reserves in 2024 and are waiting for prices to drop further before re-importing.

Agricultural experts believe that the world rice market has just gone through a period of slow trading compared to the annual cycle. The reversal of domestic rice prices and export rice prices from the end of 2024 is considered to be due to oversupply in the market.

In early March, rice export prices continued to fall sharply, to only: 307-364 USD per ton. Major markets such as the Philippines, Ivory Coast and Ghana are still the main customers of Vietnamese rice. Compared to the same period last year, the value of rice exports in January 2025 to the Philippines market decreased by 35.5%, while the Ivory Coast market increased by 8.6 times, and the Ghana market increased by 4.1 times.

Experts say that in order to improve capacity and export value, the domestic rice industry needs to organize production well, ensure rice quality; as well as product branding, maintain orders and maintain export markets. At the same time, the rice industry needs to proactively develop export plans in accordance with fluctuating market conditions.

Rice price list today March 9, 2025

Rice variety

Unit of measure

Trader's purchase price (VND)

Increase/decrease compared to yesterday (VND)

Fragrant Radio 8

Kg

6,400 - 6,500

-

OM 18

Kg

6,400 - 6,500

-

IR 504

Kg

5,500 - 5,600

-

OM 5451

Kg

5,700- 5,900

-

Flower 9

Kg

9,200

-

Japanese rice

Kg

7,800 - 8,000

-

OM 380

Kg

5,000 -5,200

-

Raw rice IR 504

Kg

8,150-8,200

-

Rice TP 504

Kg

9,500-9,700

-

Raw rice OM 380

kg

7,850-8,000

-

Rice TP OM 380

kg

8,800-9,000

-

Raw rice OM 18

kg

9,300-9,500

-

Rice NL 5451

kg

8,500-8,600

-

* Information for reference only



Source: https://congthuong.vn/gia-lua-gao-hom-nay-ngay-93-va-tuan-bien-dong-manh-377420.html

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