Rice price today August 17: End-of-season rice supply is scarce, market price is stable

Rice prices in the Mekong Delta are stable today, with slow transactions due to limited end-of-season rice supplies. Export prices continue to hold steady, unchanged from yesterday.

On the morning of August 17, rice prices in the Mekong Delta remained stable. Trading was slow due to the low supply of rice at the end of the season, many traders and factories stopped buying, causing prices to not fluctuate significantly.

Popular rice varieties remain at the same level: OM 18 and Nang Hoa 9 from 6,000 - 6,200 VND/kg, Dai Thom 8 around 6,100 - 6,200 VND/kg, OM 5451 from 5,900 - 6,000 VND/kg, OM 308 and IR 50404 both fluctuate around 5,700 - 5,900 VND/kg. In Can Tho, Tay Ninh, Dong Thap or An Giang , the amount of rice imported is small, transactions are slow, prices remain stable.

The prices of raw rice and finished products also fluctuated little. OM 380 was around 8,300 - 8,400 VND/kg, IR 504 was from 8,450 - 8,550 VND/kg, CL 555 fluctuated from 8,650 - 8,750 VND/kg, OM 18 was up to 9,600 - 9,700 VND/kg, finished rice IR 504 was stable at 9,500 - 9,700 VND/kg.

By-products such as OM 504 fragrant rice bran fluctuate at 7,500 - 7,700 VND/kg, bran is about 8,000 - 9,000 VND/kg. Supply at warehouses is low, buying and selling transactions are slow.

In retail markets, rice prices continue to stagnate. Nang Nhen remains at the highest level of 28,000 VND/kg, Huong Lai at 22,000 VND/kg, and other popular fragrant and white rice prices range from 13,000 to 22,000 VND/kg.

In the export market, Vietnamese rice prices remained stable. According to the Vietnam Food Association, 5% broken rice was at $395 per ton, 25% broken rice at $371 per ton and 100% broken rice at $339 per ton.

Source: https://baodanang.vn/gia-lua-gao-hom-nay-17-8-nguon-lua-cuoi-vu-khan-hiem-thi-truong-dung-gia-3299629.html