Rice prices today, April 10, 2025: Domestic prices increased slightly.

On the morning of April 10, 2025, domestic rice prices recorded a slight increase of 50 to 200 VND/kg for some varieties. The market in the Mekong Delta region became active again, with relatively stable trading volumes, especially for raw rice and fresh paddy, which saw price increases compared to the beginning of the week.

In localities such as An Giang, Lap Vo (Dong Thap), and Cai Be (Tien Giang), the supply of rice has improved. Warehouses are actively buying, especially fragrant rice varieties. Rice prices in the region remain stable, without significant fluctuations. However, raw OM 5451 rice recorded a slight increase, reaching 9,600 - 9,800 VND/kg. OM 380, IR 504, and OM 18 varieties continue to trade in the range of 7,800 - 9,500 VND/kg. Finished IR 504 rice remains at 7,600 - 7,800 VND/kg, while Nang Hoa 9 rice fluctuates between 6,550 - 6,750 VND/kg.

At retail markets in An Giang, rice prices remain stable. Regular rice retails for around 15,000 - 16,000 VND/kg. Fragrant rice varieties are priced from 18,000 - 22,000 VND/kg. Nang Nhen rice is the most expensive, reaching 28,000 VND/kg. Japanese rice, Jasmine rice, and Huong Lai rice continue to maintain prices from 18,000 to 22,000 VND/kg.

The glutinous rice market remains relatively unchanged. Fresh IR 4625 glutinous rice is traded at around 7,600 - 7,800 VND/kg. Three-month dried glutinous rice remains at 9,600 - 9,700 VND/kg.

By-product prices remained relatively stable today. Rice bran increased slightly to around 5,800 VND/kg, while broken rice (grades 3-4) reached 6,800 VND/kg. Fragrant broken rice continued to be traded at 7,100 - 7,300 VND/kg, and rice husk traded around 800 - 900 VND/kg.

Regarding fresh rice, the market is showing signs of improvement in many localities. In Bac Lieu, rice is being reserved in large quantities, the prices of fragrant rice varieties remain stable, while the price of ST rice continues to increase. In Soc Trang, farmers are offering high prices, and transactions are proceeding smoothly. However, in Can Tho, transactions are slow due to high asking prices, making buyers hesitant. In An Giang and Long An, asking prices have increased slightly, but the supply is limited, and transactions have slowed down.

According to the Department of Agriculture and Environment of An Giang province, OM 5451 rice increased by 200 VND today, reaching 6,200 - 6,400 VND/kg. Other varieties such as Dai Thom 8, OM 18, and Nang Hoa 9 remained stable at 6,550 - 7,000 VND/kg. IR 50404 and OM 380 rice continued to trade in the range of 5,800 - 6,000 VND/kg.

In the export market, Vietnamese rice continues to maintain its competitive advantage. 25% broken rice is currently priced at $370/ton, while 5% broken rice reaches $399/ton – the highest among exporting countries. Meanwhile, 5% broken rice from Thailand decreased to $394/ton, from India to $376/ton, and from Pakistan slightly increased to $391/ton.

The US has just announced new import tariffs, effective April 9th, severely impacting rice exporting countries, including Vietnam. Accordingly, Vietnam will be subject to a 46% tariff, Thailand 36%, India 26%, and Pakistan 29%. This has caused rice exporting businesses to worry about losing market share in this largest market in the Western Hemisphere.

Meanwhile, the price of 5% broken rice from Thailand fell to $394/ton, down $2 from before. India saw a sharper decline, losing $4 to $376/ton. Conversely, Pakistan saw a slight increase to $391/ton.

According to the Economic Research Service of the U.S. Department of Agriculture (USDA), the United States is the largest rice importer in the Western Hemisphere. Since the 1980s, Thailand has consistently been the largest foreign supplier of rice, primarily fragrant rice varieties.

In 2024, Thailand exported nearly 850,000 tons of rice to the US, almost three times more than India, the second-largest exporter. Vietnam ranked third, followed by Pakistan. However, all four countries are now subject to new tariffs: 26% for India, 46% for Vietnam, and 29% for Pakistan, making export prospects to the US more challenging.