Rice prices today on September 30th, 2023 in the Mekong Delta of Vietnam: Rice price increased by 100 VND/kg

Rice prices today, September 30, in the domestic market were adjusted to increase for rice. Rice market transactions are slow, traders rarely buy.

Rice prices today, September 30, in the Mekong Delta region were adjusted to increase with raw rice, while rice prices did not change.

Accordingly, in the An Giang area, according to updates from the Department of Agriculture and Rural Development of An Giang province, the price of fresh rice IR 50404 fluctuates between 7,700 – 7,900 VND/kg; OM 18 rice is at 8,000 – 8,200 VND/kg; Fresh pineapple 8 7,800 – 8,200 VND/kg; OM 5451 rice ranges from 7,600 – 8,000 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 sticky rice, AG (dry) sticky rice is at 9,000 – 9,200 VND/kg; Long An sticky rice (dried) is now 9,100 – 9,200 VND/kg.

With rice products, prices of raw rice and finished products today fluctuate slightly. Accordingly, the price of IR 504 raw rice fluctuates around 12,000 – 12,100 VND/kg, an increase of 50 VND/kg; Meanwhile, IR 504 finished rice fluctuates around 13,900 – 14,000 VND/kg.

For by-products, by-product prices remained stable for broken rice, while adjusted upward for dry bran. Accordingly, the price of IR 504 panels is at 12,000 – 12,100 VND/kg; The price of dry bran fluctuates around 6,750 – 6,850 VND/kg, an increase of 100 VND/kg.

Recorded in the Mekong Delta region today, the Autumn-Winter rice market is trading sporadically, with factories and warehouses asking to buy. Traders buy less due to fear of rice price fluctuations. Summer-Autumn rice prices are stable.

Regarding the rice market, today the source of raw rice is low. Rice prices are quite stable. Trading transactions are slow. Since the middle of the week, heavy rain has caused rice quality to decrease.

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, today’s export rice price was adjusted downward. According to the Vietnam Food Association (VFA), the export price of 5% broken rice is at 613 USD/ton, down 5 USD/ton; The price of 25% broken rice fluctuates around 598 USD/ton, down 5 USD/ton.

According to the General Statistics Office, in the first 9 months of 2023, 9-month rice output is estimated to reach 32.1 million tons (accounting for about 74.7% of the total yearly output), an increase of 1.3% over the same period last year, creating Favorable conditions for increasing rice exports in 2023.

It is expected that in 2023, rice output will reach from 43 to 43.4 million tons, an increase of 650 – 700 thousand tons compared to 2022 (exceeding 170 thousand tons compared to the plan).

According to calculations by the General Statistics Office, from now until the end of the year, if there are no unusual weather developments, rice output will ensure the plan to fully meet domestic rice demand and meet export requirements.