Today’s rice price on July 21, 2023 in the Mekong Delta of Vietnam: The price of rice for export continues to increase by 5 USD/ton

Rice price today on July 21, 2023 continues to increase from 50-300 VND/kg. In the export market, the price of Vietnamese rice also increased by 5 USD/ton.

Rice prices today on July 21, 2023 in the Mekong Delta region continued a strong upward trend.

Accordingly, at An Giang warehouse, the price of summer-autumn rice is increasing from 50 to 300 VND/kg. Specifically, the price of IR504 rice is being purchased by traders at 6,600 – 6,800 VND/kg, up 50 VND/kg; Dai Thom 8 rice increased by 100 VND/kg to 6,900 – 7,100 VND/kg; Long An sticky rice (fresh) increased by 100 VND/kg to 6,300 – 6,600 VND/kg; An Giang sticky rice (fresh) 6,000 – 6,300 VND/kg, an increase of 300 VND/kg.

With the remaining rice varieties, prices are flat. Specifically; OM 5451 rice ranges from 6,400 to 6,600 VND/kg; OM 18 rice price 6,600 – 6,800 VND/kg; Miss Hoa 9 costs 6,600 – 6,800 VND/kg; Japanese rice is also stable at 7,800 – 8,000 VND/kg; Nang Nhen rice (dry) at 13,000 VND/kg.

For glutinous rice, glutinous rice AG (dry) at 7,400 – 7,600 VND/kg; Long An sticky rice (dry) costs 7,700 – 7,900 VND/kg.

With rice, the price of raw materials and finished products also increased. Accordingly, IR 504 raw rice is at 10,250 – 10,300 VND/kg, an increase of 50 VND/kg. Finished rice is at 11,700 – 11,750 VND/kg, an increase of 50 VND/kg.

For by-products, the price of IR 504 sheet ranges from 9,700 to 9,800 VND/kg. Meanwhile, the price of dried bran increased by 50 VND/kg to 7,350 VND/kg.

According to traders, now the amount of rice is high, the price of rice of all kinds is high. Good demand and purchasing power. Rice market prices are less volatile. Demand for buying rice is high.

At retail markets, the price of rice is usually 11,500 – 12,500 VND/kg; Intestinal sticky rice remained stable at 14,000 – 16,000 VND/kg. Nang Nhen rice is priced at 22,000 VND/kg. Long grain Thai fragrant rice maintains 18,000 – 19,000 VND/kg; Jasmine fragrant rice costs 15,000 – 16,000 VND/kg.

Huong Lai rice costs 19,000 VND/kg; Common white rice costs 14,500 VND/kg; Nang Hoa rice costs 18,500 VND/kg; Soc rice usually fluctuates from 14,000 to 15,000 VND/kg.

Soc Thai rice stable price 18,000; Taiwanese fragrant rice costs 20,000 VND/kg; Japanese rice costs 22,000 VND/kg and bran remains at 8,500 – 9,000 VND/kg.

In the export market, export rice prices continued to increase. Specifically, 5% broken rice traded at 533 USD/ton, up 5 USD/ton; 25% broken rice at 513 USD/ton, up 5 USD/ton.

Thus, from the beginning of the week until now, Vietnam’s export rice price has had 3 increasing sessions with an increase of 20 USD/ton.

Along with the increase of Vietnamese rice, the price of Thai and Pakistani rice also adjusted to increase by 2 – 6 USD/ton. After adjustment, the price of Thai 5% broken rice was at 541 USD/ton, up 6 USD/ton, 25% broken rice increased by 4 USD/ton to 502 USD/ton. Pakistani rice increased by 5 USD/ton to 533 USD/ton with 5% rice and 498 USD/ton with 25% broken rice.

The price of Vietnamese rice is continuing to maintain its upward momentum in the context of high demand for Vietnamese rice. Many countries around the world are actively purchasing rice to ensure food security when the El Nino phenomenon is forecast to negatively affect agricultural farming activities globally.

Rice exports are showing good signs when increasing in both output and value. Vietnam’s rice export forecast from now until the end of the year will continue to be favorable because rice production in many Asian countries is facing the risk of falling due to the impact of El Nino, which will boost the demand as well as the price of rice in the international market. Many countries around the world are actively purchasing rice to ensure food security.