Rice price today September 19, 2024: Slight decrease of 100 VND

Rice price today 9/19/2024

In An Giang and Dong Thap, rice purchases are good and prices are showing a slight downward trend.

In Sa Dec (Dong Thap), the amount of rice purchased decreased, along with a decrease in purchasing demand.

In Lap Vo (Dong Thap), the amount of rice purchased is stable and the price changes depending on the quality of the rice.

Market prices for rice have been adjusted compared to yesterday. Specifically, IR 504 Summer-Autumn rice is currently priced from VND10,750 to VND10,900 per kilogram, down VND100 per kilogram; meanwhile, IR 504 finished rice is priced from VND13,000 to VND13,200 per kilogram.

At retail markets, prices of rice also change:

Nang Nhen Rice: 28,000 VND/kg.

Jasmine rice: 18,000 - 20,000 VND/kg.

Nang Hoa rice: 20,000 VND/kg.

Regular rice: 15,000 - 16,000 VND/kg.

Long grain fragrant rice: 20,000 - 21,000 VND/kg.

Jasmine rice: 18,000 VND/kg, down 2,000 VND/kg.

Taiwanese fragrant rice: 21,000 VND/kg.

Regular white rice: 17,000 VND/kg.

Regular Soc rice: 18,000 - 18,500 VND/kg.

Soc Thai rice: 21,000 VND/kg.

Japanese rice: 22,000 VND/kg.

Rice price today 9/19/2024

In Hau Giang, Dong Thap and Bac Lieu provinces, the amount of rice imported into the market is low and the purchasing speed is slow, with low prices due to dry supply.

In Bac Lieu, the amount of rice on the market has decreased, leading to a slowdown in purchases. In Dong Thap, demand for rice is low and prices have barely changed. In Ca Mau, half of the rice has been harvested, and demand is stable.

According to information from the Department of Agriculture and Rural Development of An Giang province, today's rice price has been adjusted compared to yesterday. Specifically:

IR 50404 rice is priced from 7,200 to 7,500 VND/kg, down 100 VND/kg.

Dai Thom 8 rice costs from 8,000 to 8,200 VND/kg.

OM 5451 rice costs from 7,600 to 7,900 VND/kg.

OM 18 rice costs from 7,800 to 8,000 VND/kg.

OM 380 rice costs from 7,600 to 7,800 VND/kg.

Japanese rice costs from 7,800 to 8,000 VND/kg.

Nang Nhen rice (dry) costs 20,000 VND/kg.

By-product price today 9/19/2024

The sticky rice market has not changed compared to yesterday. Long An IR 4625 sticky rice is priced from 9,800 to 9,900 VND/kg, remaining stable. Long An 3-month sticky rice is priced from 9,800 to 10,000 VND/kg, unchanged.

The price of rice by-products ranges from 6,000 to 8,800 VND/kg. OM 5451 broken rice costs from 8,600 to 8,800 VND/kg. Dried bran costs from 6,000 to 6,100 VND/kg.

Export rice price 9/19/2024

Vietnam's rice export prices have been adjusted compared to yesterday, with 100% broken rice at $455/ton, 5% standard rice at $565/ton, and 25% broken rice at $535/ton.

By mid-September, Vietnam had exported about 6.5 million tons of rice, earning 4.06 billion USD, up 6.2% in volume and 21.2% in value over the previous year.

Vietnamese rice is very popular in Southeast Asia, especially in the Philippines, Indonesia and Malaysia.

The Philippines was the largest customer, buying 2.81 million tons of rice for nearly $1.72 billion, up 19.6% in volume and 39.8% in value year-on-year.

Indonesia purchased 913,900 tons of rice, worth $557.8 million, up 27.3% in volume and 54.4% in value compared to 2023.

Malaysia, with the purchase of 582,900 tons of rice worth 345.9 million USD, has become Vietnam's 3rd largest rice export market, surpassing China.

Forecasting rice prices for the rest of the year is difficult, but prices are not expected to fall due to tight supplies. Damage from storms and floods in the north, with more than 200,000 hectares of rice submerged, has also affected rice supplies.