Rice price decreased by 200 VND/kg; rice export increased

Rice prices today, August 23, in the Mekong Delta region adjusted downwards with rice. Rice prices decreased by 200 VND/kg, rice prices remained stable.

Recorded in localities in the Mekong Delta today, demand for rice purchase is slow. Transactions of all types of dry rice are slow, few people buy, the quantity of dry rice of Summer-Autumn and Winter-Spring is still low, rice price has decreased slightly.

Rice price today August 23, 2024: Rice price decreased by 200 VND/kg; rice export increased

Update from the Department of Agriculture and Rural Development of An Giang province said that today's rice price has been adjusted compared to yesterday, IR 50404 price fluctuates around 7,800 - 8,000 VND/kg; Dai Thom 8 rice is at 8,400 - 8,600 VND/kg; OM 5451 rice is at 8,200 - 8,400 VND/kg; OM 18 rice is at 8,500 - 8,700 VND/kg; OM 380 fluctuates from 7,600 - 7,800 VND/kg, down 200 VND/kg; Japanese rice is at 7,800 - 8,000 VND/kg and Nang Nhen rice (dry) is at 20,000 VND/kg.

Besides, the glutinous rice market remained unchanged compared to yesterday. IR 4625 glutinous rice (fresh) 7,500 - 7,650 VND/kg was stable compared to yesterday. An Giang glutinous rice (fresh) 7,000 - 7,200 VND/kg, unchanged compared to yesterday.

The rice market in localities in the Mekong Delta today generally has low supply, stable prices, and slow warehouse purchases.

Regarding rice, the price of rice recorded no adjustment compared to yesterday. Currently, IR 504 summer-autumn raw rice is held at 11,500 - 11,600 VND/kg; IR 504 finished rice is held at 13,550 - 13,650 VND/kg.

By-products today recorded no adjustment compared to yesterday. Currently, the price of OM 5451 broken rice remains at 9,400 - 9,600 VND/kg; the price of dry bran remains at 7,150 - 7,250 VND/kg.

At retail markets, rice prices have not been adjusted for individual rice products. Currently, Nang Nhen rice has the highest listed price of VND28,000/kg; Jasmine rice is VND18,000 - 20,000/kg; Nang Hoa rice is VND20,000/kg; regular rice fluctuates around VND15,000 - 16,000/kg; long-grain fragrant rice is VND20,000 - 21,000/kg; Huong jasmine rice is VND20,000/kg; Taiwanese fragrant rice is VND21,000/kg; common white rice is VND17,000/kg; Soc regular rice is VND18,500/kg; Soc Thai rice is VND20,000/kg; Japanese rice is VND22,000/kg.

In the export market, Vietnam's rice export prices recorded an adjustment compared to yesterday. According to the Vietnam Food Association (VFA), 100% broken rice remained at 440 USD/ton; 5% broken standard rice remained at 578 USD/ton; 25% broken rice increased to 544 USD/ton, up 3 USD.