Rice prices today, May 15, 2025: Rice prices increased slightly.
Rice prices today, May 15, 2025: Slight increase for rice and by-products, while glutinous rice prices have reversed and decreased.
Domestic rice prices today, May 15, 2025
On May 15, 2025, the domestic rice market recorded a slight increase in rice prices, while glutinous rice prices tended to decrease. At the same time, amidst a volatile global market, the US Department of Agriculture (USDA) forecasts that Vietnam will surpass Thailand to become the world's second-largest rice exporter this year.
In the Mekong Delta, rice and by-product prices have been adjusted upwards for some varieties. IR 504 raw rice increased by 50 VND/kg, reaching 8,250 - 8,350 VND/kg. CL 555 rice remained high at 8,600 - 8,900 VND/kg, OM 380 fluctuated between 8,000 - 8,100 VND/kg, while OM 18 continued to hover at 10,200 - 10,400 VND/kg. Jasmine fragrant rice maintained its price at 17,000 - 18,000 VND/kg.
In areas such as An Giang, Lap Vo (Dong Thap), Sa Dec and Cai Be (Tien Giang), transactions remain sluggish. High-quality rice is being bought steadily, and prices tend to increase slightly, especially fragrant rice, which has risen by 50-100 VND/kg. However, overall, transactions remain slow, particularly for the summer-autumn rice crop.
At retail markets, the price of finished rice remains fairly stable. Popular fragrant rice ranges from 18,000 to 22,000 VND/kg, while regular rice is priced at 15,000 to 16,000 VND/kg. Thai fragrant rice and Jasmine rice maintain prices around 20,000 to 22,000 VND/kg. Nang Nhen rice remains the highest priced at 28,000 VND/kg.
In contrast to rice prices, glutinous rice prices saw a decrease. IR 4625 glutinous rice (dry) fell by 100 VND/kg, to 9,700 - 9,900 VND/kg. Meanwhile, other fresh and dried glutinous rice varieties remained stable at around 7,700 - 8,000 VND/kg.
Prices of by-products also fluctuated significantly. OM 5451 broken rice increased by 50 VND/kg, reaching 7,400 - 7,500 VND/kg. Notably, the price of bran - a product used in livestock farming - increased sharply by 250 VND/kg, reaching 7,500 - 7,600 VND/kg. Rice husk remained at a low level, from 1,000 - 1,150 VND/kg.
Regarding rice prices, the summer-autumn market is currently not very active. Observations in Can Tho, An Giang, Tien Giang, Kien Giang, and Long An show that the harvest volume is still low, buying and selling transactions are slow, and prices are relatively stable. Specifically, the price of IR 50404 rice ranges from 5,400 - 5,600 VND/kg; OM 5451 from 6,000 - 6,200 VND/kg; and OM 380 at 5,500 - 5,800 VND/kg. OM 18 (fresh), Dai Thom 8 (fresh), and Nang Hoa 9 rice varieties continue to be stable at around 6,550 - 7,000 VND/kg.
World rice prices today, May 15, 2025
In the export market, Vietnamese rice prices remained stable as of May 14th. According to the Vietnam Food Association (VFA), 5% broken rice was offered at US$397 per ton, US$13 lower than similar rice from Thailand but US$8 to US$16 higher per ton than rice from India and Pakistan. 25% broken rice was priced at US$368 per ton, US$17 lower than Thailand but still US$3 to US$11 higher than India and Pakistan. 100% broken rice remained at US$321 per ton, US$26 lower than Thailand and equivalent to Pakistan.
According to the latest report from the US Department of Agriculture (USDA), Vietnam is projected to surpass Thailand to become the world's second-largest rice exporter in 2025. Vietnam is expected to export approximately 7.9 million tons of rice, while Thailand is projected to export 7 million tons.
India continues to lead with 24 million tons. Vietnam's export growth is mainly driven by stable demand in traditional markets such as the Philippines, along with the return of imports from China – a major partner in recent years.
Notably, Vietnam is also predicted to become the world's second-largest rice importer by 2025. Rice imports are expected to reach 4 million tons in 2025 and increase to 4.1 million tons in 2026, compared to 3.4 million tons in 2024. This increase is attributed to a decrease in domestic rice cultivation area and a sharp increase in import demand from Cambodia.
The Philippines remains the world's largest rice importer with approximately 5.5 million tons, followed by Nigeria with 3 million tons, China with 2.4 million tons, the EU with 2.2 million tons, and Indonesia with 800,000 tons.
Although global rice production is projected to increase by 1 million tons this year, reaching 538.7 million tons, the shortage remains unresolved due to strong consumer demand, which has risen to 538.8 million tons.
In this context, Vietnam has not only affirmed its position as a major rice exporting country but also stands out as a strategic importer, demonstrating flexible and proactive adaptation to fluctuations in the global rice market.
