Rice prices today on October 17th, 2023 in the Mekong Delta of Vietnam: Rice prices stagnate, average prices increase

Rice price today October 17, 2023 in the domestic market, rice price adjusted to increase by 50-150 VND/kg. Market transactions are slow, traders rarely buy because rice prices are high.

Rice prices today, October 17, in the Mekong Delta region continue to trend sideways.

In the An Giang area, according to updates from the Department of Agriculture and Rural Development of An Giang province, IR 504 rice fluctuates around 7,900 – 8,100 VND/kg; OM 5451 rice ranges from 7,800 – 8,000 VND/kg; OM 18 rice is at 7,900 – 8,100 VND/kg; Nang Hoa 9 costs 8,200 – 8,300 VND/kg; Fresh fragrant 8 leaves 7,800 – 8,100 VND/kg; Nhen (dried) 15,000 VND/kg; Japanese rice is stable at 7,800 – 8,000 VND/kg.

For sticky rice products, Long An sticky rice (dried) is at 9,200 – 9,400 VND/kg; An Giang sticky rice (dried) is at 9,000 – 9,200 VND/kg.

For rice products, prices of raw rice and finished products continue to increase. Accordingly, the price of IR 504 raw rice fluctuates around 12,550 – 12,600 VND/kg, an increase of 50 VND/kg; IR 504 finished rice fluctuates around 14,600 – 14,700 VND/kg, an increase of 150 VND/kg.

With by-products, by-product prices today also continue to increase for broken rice, while remaining stable for dry bran. Currently, the price of IR 504 panels remains at 12,400 – 12,500 VND/kg, an increase of 100 VND/kg; Meanwhile, the price of dry bran remained stable at 7,050 – 7,200 VND/kg.

Recorded in the Mekong Delta region today, the weather is rainy in many places, traders have slowed down trading. In addition, the price of rice offered by farmers tends to increase, so fewer transactions are closed. Many traders stopped buying, observed the market and waited to cut staked rice.

In the rice market, raw rice of all types continues to arrive in small quantities. In An Giang, the demand for warehouses to buy is mixed, some warehouses are slower to buy due to high prices, warehouses that need goods still ask to buy. The amount of goods from the factory is small, prices of all types have increased compared to last week. In Tien Giang, the price of OM 5451 rice tends to increase slightly. Transactions are moderate due to high prices.

At retail markets, the price of Nhen rice fluctuated around 26,000 VND/kg; Jasmine rice is stable at 16,000 – 18,500 VND/kg; Regular rice is usually priced at 12,000 – 14,000 VND/kg; Common white rice 16,000 VND/kg; long-grain fragrant rice 18,000 – 20,000 VND/kg; Huong Lai rice 19,500 VND/kg; Nang Hoa rice 19,000 VND/kg; Squirrel rice usually costs 16,000 – 17,000 VND/kg; Thai squirrel rice 18,500 VND/kg; Taiwanese fragrant rice 21,000 VND/kg; Japanese rice 22,000 VND/kg.

In the export market, Vietnam’s export rice price today has not changed compared to yesterday. According to the Vietnam Food Association (VFA), the current export price of 5% broken rice is at 623 USD/ton; The price of 25% broken rice fluctuates stably around 608 USD/ton.