Domestic market is quiet, export rice prices decrease

Rice prices today, October 4, in the Mekong Delta region are unchanged compared to rice products and raw materials. The market is quiet in the morning of the middle of the week.

Update from the Department of Agriculture and Rural Development of An Giang province said that today's rice price has not changed much compared to yesterday, IR 50404 is priced at 6,800 - 7,000 VND/kg, down 100 VND/kg; Dai Thom 8 rice is priced at 7,800 - 8,000 VND/kg, OM 5451 rice is priced at 7,200 - 7,400 VND/kg; OM 18 rice is priced at 7,500 - 7,800 VND/kg; OM 380 fluctuates at 7,200 - 7,300 VND/kg; Japanese rice is at 7,800 - 8,000 VND/kg and Nang Nhen rice (dry) is at 20,000 VND/kg.

Giá lúa gạo hôm nay 4/10/2024: Thị trường trong nước trầm lắng, giá gạo xuất khẩu giảm

Rice price today October 4, 2024: Domestic market is quiet, export rice price decreases.

Besides, the glutinous rice market still maintains stable prices. Long An IR 4625 glutinous rice (dry) is 9,500 - 9,700 VND/kg, stable compared to yesterday. Long An 3-month glutinous rice (dry) is 9,800 - 10,000 VND/kg, unchanged compared to yesterday.

In the rice market, at 9:00 a.m. on October 4, 2024, rice prices were unchanged compared to yesterday. Currently, the price of IR 504 Summer-Autumn raw rice is at 9,900 - 10,100 VND/kg. Meanwhile, the price of IR 504 finished rice is at 12,400 - 12,500 VND/kg.

Regarding by-products, the prices of various by-products range from 5,950 - 9,600 VND/kg. Currently, the price of OM 5451 broken rice is at 9,400 - 9,600 VND/kg; the price of dry bran is at 5,950 - 6,100 VND/kg.

At retail markets, rice prices have shown an upward trend for some types of rice, while the rest of the retail rice prices remain unchanged. Currently, Nang Nhen rice has the highest listed price of VND28,000/kg; Jasmine rice is VND18,000 - VND20,000/kg; Nang Hoa rice is VND21,500/kg, an increase of VND1,500/kg; regular rice fluctuates around VND15,000 - VND16,000/kg; long-grain fragrant rice is VND20,000 - VND22,000/kg; Huong jasmine rice is VND23,000/kg; Taiwanese fragrant rice is VND21,000/kg; common white rice is VND17,500/kg, an increase of VND500/kg; Soc regular rice is VND18,500/kg; Soc Thai rice is VND21,000/kg; Japanese rice is VND22,000/kg.

In the export market, Vietnam's rice export prices decreased compared to yesterday. According to the Vietnam Food Association (VFA), 100% broken rice was at 443 USD/ton, down 5 USD; 5% standard rice was at 539 USD/ton, down 13 USD; 25% broken rice was at 510 USD/ton, down 15 USD.

In general, the domestic rice market is quiet, with slight declines for some products. For by-products and rice prices tend to be stable.