Thai jackfruit increased by 5,000 VND/kg
Today, August 6, the price of Thai jackfruit increased from 1,000-5,000 VND/kg. In Tien Giang province, the price of Thai jackfruit today is quoted by the warehouses: First Jackfruit 40,000 VND/kg, Second Jackfruit 38,000 VND/kg, Large Kem Jackfruit 38,000 VND/kg, Small Kem Jackfruit 26,000 VND/kg, Third Kem Jackfruit is 12,000 VND/kg.
In other localities such as Hau Giang, Soc Trang, An Giang, Vinh Long, Dong Thap and Can Tho city, most large warehouses quoted prices for buying First grade jackfruit at 39,000 VND/kg, Second grade jackfruit at 37,000 VND/kg, Large Cream jackfruit at 37,000 VND/kg, Small Cream jackfruit at 25,000 VND/kg, and Third grade Cream jackfruit at 11,000 VND/kg.
In addition, the jackfruit orchards are now producing a lot of fruit, helping to increase productivity and sell more. People in the growing area hope to maintain this price until the off-season jackfruit harvest.
According to many people with many years of experience growing Thai jackfruit, to get a higher selling price, gardeners often process the fruit out of season so that traders do not force down the price when the jackfruit crop comes into season.
On the other hand, Thai jackfruit is a tree that brings high economic value. Considering the sustainable export of this agricultural product, the authorities of Tien Giang province have transferred intensive farming techniques in the direction of GAP to improve the quality of agricultural products, while encouraging organizations, individuals and farmers to establish specialized growing areas and deploy the issuance of growing area codes to serve official export to the Chinese market.
During the week, rice export price increased by 60 USD/ton.
Today's rice price in the Mekong Delta region increased by 100 VND/kg for rice, while the price of paddy fluctuated little.
Accordingly, in An Giang, according to the update of the Department of Agriculture and Rural Development of An Giang province, the price of OM 5451 rice is at 7,000 - 7,300 VND/kg; Nang Hoa 9 is at 7,200 - 7,600 VND/kg; IR 504 rice is at 6,800 - 7,000 VND/kg; Dai Thom 8 rice is at 6,900 - 7,100 VND/kg; Nhat rice is also stable at 7,800 - 8,000 VND/kg; Nang Nhen rice (dry) is at 13,000 VND/kg; OM 18 is at 6,900 - 7,100 VND/kg.
For rice, the price of raw rice increased by VND100/kg to VND12,100/kg; finished rice was at VND14,100/kg.
According to traders, today there is little rice supply. Prices of all types of rice tend to increase. The summer-autumn rice market continues to fluctuate strongly. Prices of all types of rice tend to increase. Over the past week, domestic rice prices have continuously increased sharply.
In the rice export market, according to the Vietnam Food Association, the export price of 5% broken rice is trading at 618 USD/ton; 25% broken rice is at 598 USD/ton.
Last week, export rice prices continuously increased sharply by 60 USD/ton for 5% broken rice exports; increased by 60 USD/ton for 25% broken rice.
Global rice prices have risen to their highest level in 11 years, creating great opportunities for Vietnam’s rice production, trading and export activities. More importantly, concerns about whether increasing rice exports will affect the quality and domestic supply have also been clarified.
Oil prices hit 9-month high
World oil prices continued to fluctuate on the morning of August 6, 2023. Specifically: WTI crude oil prices increased by 1.56% to 82.82 USD/barrel, Brent oil prices increased by 1.29% to 86.24 USD/barrel.
On August 4, at the end of the 49th meeting of the Organization of the Petroleum Exporting Countries (OPEC) and its allies, also known as OPEC+, the Joint Ministerial Monitoring Committee (JMMC) said that the group's quotas would remain unchanged, meaning that the October cut agreement last year would be maintained.
However, the factor that strongly affects world oil prices is that two countries with strong oil export potential (Saudi Arabia and Russia) voluntarily cut oil production further since July. Specifically, Saudi Arabia cut an additional 1 million barrels/day (extended until September), while Russia reduced exports by an additional 300,000 barrels/day in September.
According to analysts at UBS Bank (Switzerland), with the extension of production cuts, they forecast the market will have a deficit of more than 1.5 million barrels/day in September, after a deficit of about 2 million barrels/day in July and August.
The domestic retail price of gasoline on the morning of August 6 was applied according to the adjustment session on August 1 by the Ministry of Finance - Ministry of Industry and Trade. The retail price of gasoline was adjusted sharply by the Ministry of Finance - Ministry of Industry and Trade, especially with the highest increase of up to 1,171 VND/liter.
Specifically, E5 RON 92 gasoline increased by VND1,152/liter, to VND22,791/liter; RON 95 gasoline increased by VND1,171/liter, to VND23,963/liter.
Regarding oil prices, diesel increased by VND1,112/liter to VND20,612/liter; kerosene increased by VND1,081/liter to VND20,270/liter; and mazut 180CST 3.5S increased by VND806/kg to VND16,531/kg.
Source
Comment (0)