Rice prices today on September 28th, 2023 in the Mekong Delta of Vietnam: Traders stopped buying, market transactions were slow

Rice prices today, September 28, in the domestic market were adjusted to increase for raw rice. Market transactions are slow because traders stop buying.

Rice prices today, September 28, in the Mekong Delta region were adjusted to increase with raw rice, while rice prices did not fluctuate.

Accordingly, with rice, in the An Giang area, according to updates from the Department of Agriculture and Rural Development of An Giang province, AG (dry) sticky rice is at 9,000 – 9,200 VND/kg; Long An sticky rice (dried) is 9,100 – 9,200 VND/kg; Fresh rice IR 50404 fluctuates between 7,600 – 7,800 VND/kg; Fresh fragrant 8 leaves 7,800 – 8,100 VND/kg; OM 5451 rice ranges from 7,600 – 8,000 VND/kg; OM 18 rice at 7,800 – 8,200 VND/kg; Nang Hoa 9 costs 8,200 – 8,400 VND/kg; Japanese rice is stable at 7,800 – 8,000 VND/kg; Nhen (dried) 15,000 VND/kg.

For rice products, the price of raw rice increased by 50 VND/kg, while finished rice remained stable compared to yesterday. Specifically, the price of IR 504 raw rice fluctuates around 12,000 – 12,100 VND/kg, an increase of 50 VND/kg; IR 504 finished rice fluctuates around 13,950-14,050 VND/kg.

Similarly, by-product prices also remained stable after the upward adjustment session. Accordingly, the price of IR 504 panels is at 12,000-12,100 VND/kg; The price of dry bran fluctuates around 6,650 – 6,750 VND/kg.

Recorded in the Mekong Delta region today, the market is quite quiet. Trading transactions are few and moderate. Many traders stopped buying due to heavy rain.

As for the rice market, today’s market transactions are slow. Factories in An Giang area offer stable prices for all kinds of white raw rice, with ongoing transactions. In Can Tho, the price of raw white rice is high but few buyers. In Tien Giang, Dong Thap, Kien Giang, rice prices of all types are stable.

Mr. Pham Thai Binh – Chairman of the Board of Directors of Trung An High-Tech Agriculture Joint Stock Company (Can Tho City) said that currently, commodity rice prices in the Mekong Delta region have decreased by an average of about 400 – 500 VND. /kg compared to last month. The price of raw rice to make 5% broken rice was previously 8,100 – 8,200 VND/kg, but now it is about 7,700 VND/kg. Due to scarce domestic supply, some units have to import rice from Cambodia at the local purchasing price of 7,500 VND/kg.

At retail markets, the price of ordinary rice is usually 12,000 – 14,000 VND/kg; Common white rice 16,000 VND/kg; nang rice 23,000 VND/kg; long-grain fragrant rice 18,000 – 20,000 VND/kg; Jasmine fragrant rice 15,500 – 17,000 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.

On the export market, export rice prices today went sideways after an upward adjustment session. According to the Vietnam Food Association (VFA), the export price of 5% broken rice is at 613 USD/ton; The price of 25% broken rice fluctuates around 598 USD/ton.