Source Congthuong.vn
Rice prices today in the Mekong Delta provinces remained stable. Specifically, in An Giang, OM 5451 fresh rice is being purchased by traders at the field at 5,600 – 5,800 VND/kg; OM 18 rice is priced at 5,900 – 6,100 VND/kg; Dai fragrant 8 fresh rice at 5,800 – 6,000 VND/kg; Nang Hoa 9 rice at 5,900 – 6,100 VND/kg; IR 504 5,500 – 5,700 VND/kg; IR 504 dry rice 6,500 VND/kg.
With sticky rice, fresh An Giang sticky rice 5,800 – 5,900 VND/kg; Long An fresh sticky rice 6,100 – 6,300 VND/kg; Dried An Giang sticky rice 7,500 – 7,600 VND/kg; Dried Long An sticky rice 7,700 VND/kg.
For rice, the price of raw rice and finished products slowed down and tended to move sideways after a downward correction. Currently, the price of NL IR 504 rice is at 8,000 – 8,100 VND/kg; finished rice 8,600 – 8,700 VND/kg. For by-products, the price of IR 504 sheet stands at 8,100 – 8,200 VND/kg; dried bran 8,200.
Today, a lot of raw rice arrived, the warehouse asked to buy more. Summer-autumn rice market flourishes, traders and mills ask to buy more rice. In the week from July 25 to 31, in the provinces of the Mekong Delta, summer-autumn rice is harvested. Accumulated from the beginning of the season, the whole region has harvested 58-59%.
At the retail market, the price of rice is usually 11,500 VND/kg – 12,500 VND/kg; Jasmine fragrant rice 15,000 – 16,000 VND/kg; Soc rice is usually 14,000 VND/kg; intestinal sticky rice 14,000 – 15,000 VND/kg; Nang Nhen Rice 20,000 VND/kg; Sliced fragrant rice 18,000 – 19,000 VND/kg; Huong Lai rice 19,000 VND/kg; Common white rice 14,000 VND/kg; Lady Hoa 17,500 VND/kg; Soc Thai 18,000 VND/kg; Taiwanese fragrant rice 20,000 VND/kg; Japanese rice 20,000 VND/kg; Bran 7,000 – 8,000 VND/kg.
In the world market, the asking price of Vietnam’s rice for export continued to decrease after a long time of maintaining stability. Currently, the price of 5% broken rice is down to 413 USD/ton, down 5 USD/ton; 25% broken rice 393 USD/ton; 100% broken rice 383 USD/ton.
Currently in the world rice inventories are high, making rice prices relatively low compared to other essential food commodities.
Chairman of the Vietnam Food Association Nguyen Ngoc Nam said that Vietnamese rice enterprises should focus on producing fragrant rice and high-class rice products for export to fastidious markets because of the space in other markets. This market is huge. Along with that is branding because the same quality of rice but good branded rice can sell for 10-20% higher.
