Rice prices tend to increase
Regarding rice, according to the update of the Department of Agriculture and Rural Development of An Giang province, the price of OM 5451 rice is at 9,500 - 9,700 VND/kg; Nang Hoa 9 rice remains stable at 9,500 - 9,600 VND/kg; IR 504 rice price is at 8,900 - 9,100 VND/kg; Dai Thom 8 rice remains around 9,600 - 9,800 VND/kg; OM 18 is at 9,600 - 9,800 VND/kg; OM 380 rice fluctuates around 8,600 - 8,800 VND/kg.
Regarding rice, there were no fluctuations in rice prices. At market rice warehouses in An Giang, Tien Giang, Bac Lieu, and Dong Thap, prices remained unchanged compared to yesterday. At An Cu (Cai Be, Tien Giang), prices of OM 18 and Dai Thom 8 raw rice fluctuated around 14,400 - 14,600 VND/kg; OM 5451 raw rice remained at 14,100 - 14,200 VND/kg; IR 504 Viet raw rice was at 13,150 - 13,150 VND/kg; OM 380 raw rice fluctuated around 13,000 - 13,100 VND/kg.
Meanwhile, at the export warehouse, IR 504 Vietnamese raw rice remained at 13,050 - 13,150 VND/kg; raw rice fluctuated at 12,900 - 13,000 VND/kg; Soc Trang raw rice at 12,250 - 12,350 VND/kg; OM 5451 raw rice at 13,700 - 13,800 VND/kg; OM 18 and Dai Thom 8 raw rice at 14,050 - 14,150 VND/kg.
In retail markets, the prices of all types of rice have remained almost unchanged. Accordingly, the price of regular rice fluctuates around 15,000 - 16,500 VND/kg; Jasmine fragrant rice 17,000 - 18,500 VND/kg; Nang Nhen rice 26,000 VND/kg...
At supermarkets, rice prices are quite stable. At BigC Thang Long supermarket - Hanoi, on January 8, 2024, rice prices are still stable. Of which, ST25 rice 5kg is priced at 185,000 VND/bag; Japonica rice 5kg is priced at 137,000 VND/bag; ST25 rice shrimp rice 5kg is priced at 229,9000 VND/bag.
ST24 rice 5kg costs 150,000 VND/kg; Premium fragrant rice 5kg costs 150,000 VND/kg; Muong Chanh rice 5kg bag costs 179,900 VND/kg; Ban Minh rice 5kg bag costs 170,300 VND/bag...
Sky-high rice export prices
Vietnam’s rice export prices remain at record highs. With the steady performance over the past time, along with the increasing global demand, the export rice price is receiving high expectations.
In the export market, the Vietnam Food Association (VFA) said that the export price of 5% broken rice from Vietnam is at 653 USD/ton; the price of 25% broken rice fluctuates around 633 USD/ton.
Meanwhile, the export price of Thai rice has plummeted rapidly. Accordingly, the export price of 5% broken rice has increased to the same level as our country, 653 USD/ton; the price of 25% broken rice is at 589 USD/ton; the price of 100% broken rice is at 493 USD/ton.
Pakistan's 5% broken rice export price was traded at $593 per ton; 25% broken rice price fluctuated around $513 per ton; 100% broken rice price was traded at $463 per ton.
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