Rice price drops sharply by 550-600 VND/kg; paddy price remains stable

Rice prices today, July 29, in the Mekong Delta region are unchanged from paddy. Rice prices have dropped sharply by 550-600 VND/kg. The rice market is stable.

Regarding rice, it is noted that in localities, rice prices are stable, transactions are slow. Specifically, in Dong Thap, harvest is slow, transactions are quiet, prices are stable. In Kien Giang , transactions are stable, rice prices fluctuate little.

Rice price today, July 29: Rice price decreased sharply by 550-600 VND/kg; rice price remained stable

In the rice market, today's prices are stable compared to yesterday, IR 50404 fluctuates around 6,800 - 7,000 VND/kg; Dai Thom 8 rice is at 7,000 - 7,300 VND/kg; OM 5451 rice is at 6,900 - 7,100 VND/kg; OM 18 rice is at 7,200 - 7,300 VND/kg; OM 380 fluctuates from 6,800 - 7,000 VND/kg; Nhat rice is at 7,800 - 8,000 VND/kg; Nang Hoa 9 is at 6,900 - 7,000 VND/kg, and Nang Nhen rice (dry) is at 20,000 VND/kg.

Accordingly, the sticky rice market recorded no adjustment compared to yesterday. Long An sticky rice (dried) 7,000 - 7,900 VND/kg, stable compared to yesterday. IR 4625 sticky rice (fresh) 7,300 - 7,400 VND/kg. Long An sticky rice (fresh) 7,400 - 7,600 VND/kg. CK 2003 sticky rice (fresh) 7,000 - 7,200 VND/kg, unchanged compared to yesterday.

Regarding rice, rice prices recorded an adjustment compared to yesterday. Specifically, IR 504 summer-autumn raw rice was at 10,100 - 10,200 VND/kg, down 600 VND/kg; IR 504 finished rice was at 12,100 - 12,300 VND/kg, down 550 - 600 VND/kg.

By-products today recorded an adjustment compared to yesterday. Currently, the price of IR 504 sheet is at 8,600 - 8,700 VND/kg, an increase of 100 VND/kg. In addition, the price of dry bran is stable at 7,100 - 7,250 VND/kg.

Rice market in localities in the Mekong Delta region today is generally slow, prices increased slightly for good quality rice.

Specifically, in An Cu (Dong Thap), the supply is low, the price increases for good rice. In Sa Dec (Dong Thap), the quality of rice is low, the warehouse buys little, some warehouses still buy in bulk rice and white rice, select good rice, the price of rice increases.

At retail markets, rice prices have not been adjusted for individual rice products. Currently, Nang Nhen rice has the highest listed price of VND30,000/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 no adjustment compared to yesterday. According to the Vietnam Food Association (VFA), 100% broken rice was at 448 USD/ton; 5% broken rice remained stable at 559 USD/ton; 25% broken rice was at 535 USD/ton.

Information for reference only

Source: https://congthuong.vn/gia-lua-gao-hom-nay-ngay-297-gia-gao-giam-manh-550-600-dongkg-gia-lua-di-ngang-335426.html