Rice prices increase and decrease in opposite directions; rice price decreases by 100 VND/kg

Rice prices today, August 21, in the Mekong Delta region increased and decreased in opposite directions for rice products, and decreased for raw rice and finished rice products. Rice prices increased and decreased by 200 VND/kg. Rice prices decreased slightly by 100 VND/kg.

The rice market in the Mekong Delta today is generally low in supply, prices have decreased slightly, and warehouses have purchased sparingly. Specifically, in An Cu (Soc Trang), transactions are slow, supply is low, and prices have decreased slightly. In Sa Dec (Dong Thap), rice is low at the docks, warehouses have purchased slowly, and the quality is not good.

Rice price today August 21, 2024: Rice price increases and decreases in opposite directions; rice price decreases by 100 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; 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.

Regarding rice, it is noted that in localities, transactions are slow and prices are stagnant. In Kien Giang, few people buy rice, rice transactions are slow. In Long An, demand for rice is slow, few people buy. In Dong Thap, there is little rice ready to be harvested, transactions are slow, prices are stagnant.

Specifically, according to the update from the Department of Agriculture and Rural Development of An Giang province, today's rice prices have been adjusted compared to yesterday, IR 50404 prices fluctuate 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, an increase of 200 VND/kg; OM 18 rice is at 8,500 - 8,700 VND/kg, a decrease of 200 VND/kg; OM 380 fluctuates from 7,800 - 8,000 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 recorded no adjustment compared to yesterday. IR 4625 glutinous rice (fresh) 7,600 - 7,700 VND/kg, down 200 VND compared to yesterday. An Giang glutinous rice (fresh) 7,000 - 7,200 VND/kg, unchanged compared to yesterday.

Regarding rice, rice prices recorded an adjustment compared to yesterday. Specifically, IR 504 summer-autumn raw rice fell to 11,550 - 11,600 VND/kg, down 100 VND/kg; IR 504 finished rice fell to 13,600 - 13,700 VND/kg, down 100 VND/kg.

By-products today recorded an adjustment compared to yesterday. Currently, the price of OM 5451 broken rice has dropped to 9,400 - 9,600 VND/kg, down 100 VND/kg; the price of dry bran remains at 7,150 - 7,250 VND/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 was at 440 USD/ton; 5% broken rice was at 578 USD/ton, up 3 USD; 25% broken rice was at 541 USD/ton, up 2 USD.