Rice price today 11/3/2024: Strong increase across the board
Rice prices today, November 3, 2024: Strong increase across the country. Specifically, rice prices adjusted up by 1,000 - 1,200 VND/kg, rice prices increased slightly by 50 VND/kg
Rice price today 11/3/2024
Rice prices today in the Mekong Delta are showing an upward trend for both paddy and rice.
In the rice market, localities such as An Giang, Soc Trang and Dong Thap recorded rather quiet transactions, with low quality rice and slow purchasing in warehouses. Current rice prices remain stable.
Rice prices have slightly adjusted compared to yesterday. Specifically, IR 504 Summer-Autumn raw rice is currently priced at VND10,600 - 10,700/kg, up VND50/kg; IR 504 finished rice is priced at VND12,550 - 12,650/kg, also up VND50/kg.
At retail markets, rice prices have not changed much. Nang Nhen rice currently has the highest price of 28,000 VND/kg. Other types of rice remain stable: regular rice from 15,000 - 16,000 VND/kg, fragrant rice from 17,000 - 23,000 VND/kg, Jasmine rice 17,000 - 18,000 VND/kg, Nang Hoa rice 21,500 VND/kg, Huong Lai rice 23,000 VND/kg, Taiwanese fragrant rice 21,000 VND/kg, Soc regular rice 18,500 VND/kg, Soc Thai rice 21,000 VND/kg, and Japanese rice 22,000 VND/kg.
Rice price today 11/3/2024
In the rice market, recorded in Dong Thap and An Giang, prices are stable but new rice transactions are slow and purchasing power is not high.
According to information from the Department of Agriculture and Rural Development of An Giang province, today's rice prices have slightly adjusted compared to yesterday. Specifically, the price of IR 50404 rice is currently at 6,800 - 7,100 VND/kg, an increase of 100 VND/kg; Dai Thom 8 rice is priced at 7,800 - 8,000 VND/kg; OM 5451 rice is at 7,300 - 7,600 VND/kg; OM 18 rice is priced at 8,400 - 8,500 VND/kg, an increase of 1,000 - 1,200 VND/kg. OM 380 rice ranges from 7,000 - 7,200 VND/kg, Nhat rice is at 7,800 - 8,000 VND/kg, and Nang Nhen rice (dry) is priced at 20,000 VND/kg.
By-product price today 11/3/2024
The price of by-products is currently fluctuating from 6,700 - 9,600 VND/kg. Specifically, the price of OM 5451 broken rice is 9,300 - 9,600 VND/kg, while the price of dry bran has increased to 6,700 - 6,800 VND/kg, an increase of 300 VND/kg compared to yesterday.
The glutinous rice market has no price change compared to yesterday. Long An IR 4625 glutinous rice (fresh) remains stable at 7,800 - 7,900 VND/kg, and Long An IR 4625 glutinous rice (dried) also remains at 9,600 - 9,800 VND/kg.
Rice export price today
Regarding exports, Vietnam's rice export prices remained unchanged compared to yesterday. According to the Vietnam Food Association (VFA), the price of 100% broken rice was 427 USD/ton; 5% standard rice was 524 USD/ton; and 25% broken rice was 495 USD/ton.
