Rice price today October 14, 2024: Domestic stable, quiet transactions.
Rice price today October 14, 2024: Rice price in the domestic market remains stable for both paddy and rice products, transactions are somewhat quiet.
Rice price today 10/14/2024
In Dong Thap and Soc Trang, the rice harvest is small, but prices are quite stable and fluctuate little.
Current market prices for rice remain unchanged from yesterday. Specifically, IR 504 Summer-Autumn raw rice is priced from VND10,300 to VND10,500 per kg, a slight increase of VND100 per kg. IR 504 finished rice is priced from VND12,500 to VND12,700 per kg.
In retail markets, rice prices remained unchanged, with Nang Nhen rice having the highest price of VND28,000/kg. Other types of rice are priced as follows: Jasmine rice from VND18,000 to VND20,000/kg, Nang Hoa rice VND21,500/kg, regular rice from VND15,000 to VND16,000/kg, long-grain fragrant rice from VND20,000 to VND22,000/kg, and Huong jasmine rice VND22,000/kg. Taiwanese fragrant rice, common white rice, regular Soc rice, Thai Soc rice, and Japanese rice are priced at VND20,000, VND17,500, VND18,500, VND21,000, and VND22,000/kg, respectively.
Rice price today October 14, 2024
In Can Tho, the price of autumn-winter rice is decreasing. In the Mekong Delta, the price of rice today is unchanged, remaining stable. In An Giang, a lot of autumn-winter rice has been harvested but the number of transactions is not much. The price of rice at the end of the crop in Dak Lak is currently stable.
According to the Department of Agriculture and Rural Development of An Giang province, today's rice price remains unchanged compared to yesterday:
IR 50404 rice: 6,900 - 7,000 VND/kg.
Fragrant rice 8: 7,800 - 8,000 VND/kg.
OM 5451 rice: 7,200 - 7,400 VND/kg.
OM 18 rice: 7,500 - 7,800 VND/kg.
OM 380 rice: 7,200 - 7,300 VND/kg.
Japanese rice: 7,800 - 8,000 VND/kg.
Nang Nhen rice (dry): 20,000 VND/kg.
By-product price today 10/14/2024
The prices of by-products today remain unchanged, ranging from 6,000 to 9,600 VND/kg. Specifically, the price of OM 5451 broken rice is currently from 9,500 to 9,600 VND/kg, while the price of dry bran is from 6,000 to 6,100 VND/kg.
The sticky rice market remains unchanged in price. Long An IR 4625 sticky rice is priced from 9,600 to 9,700 VND/kg, unchanged from yesterday.
Long An 3-month sticky rice is priced from 9,800 to 10,000 VND/kg, unchanged from the previous day.
Rice export price today
Vietnam's rice export prices remained unchanged from the previous day. According to the Vietnam Food Association, the price of 100% broken rice was $440 per ton, 5% standard rice was $538 per ton, and 25% broken rice was $510 per ton.
In 2024, Soc Trang province successfully planted nearly 338,000 hectares of rice, a slight increase of 2.3% over the previous year. Up to now, the province has harvested 98.5% of the rice cultivation area, with a total output of 2.15 million tons, an increase of 5.1%.
Specialty rice and high-quality rice dominate with nearly 95% of total output, of which fragrant rice accounts for about 52%. Rice prices have also improved recently, increasing from 500 to 3,500 VND/kg compared to last year.
The average profit from the 2023-2024 Winter-Spring rice crop is expected to reach over VND36 million per hectare, up 34% compared to the previous Winter-Spring crop. More than 100 companies and businesses have joined the rice consumption chain in this Winter-Spring crop.
Soc Trang's rice export value in the first 9 months of 2024 reached 510 million USD, an increase of 52% over the same period last year.
Soc Trang is expanding its high-quality, low-emission rice farming model, with the goal of having more than 72,000 hectares of rice in its sustainable development plan by 2030.
