Rice price today November 5, 2024: Rice price increased slightly, paddy price was stable

Domestic rice prices

Today, rice prices in the Mekong Delta region tend to increase slightly for some types of rice. In provinces such as Soc Trang and Dong Thap, transactions are quite quiet, with stable rice volume and prices remaining stable.

Regarding domestic rice prices, currently, IR 504 raw rice from the Summer-Autumn crop is priced at 10,600 - 10,700 VND/kg. The price of IR 504 finished rice is currently at 12,550 - 12,700 VND/kg, an increase of 50 VND/kg compared to yesterday.

At retail markets, rice prices remain stable. Some reference prices include: Nang Nhen rice has the highest price of 28,000 VND/kg; regular rice fluctuates between 15,000 - 16,000 VND/kg; fragrant rice is at 17,000 - 23,000 VND/kg; Jasmine rice is from 17,000 - 18,000 VND/kg; Nang Hoa rice is 21,500 VND/kg; long-grain Thai fragrant rice is from 20,000 - 22,000 VND/kg. Some other types such as Huong Lai rice at 23,000 VND/kg, Taiwanese fragrant rice is 21,000 VND/kg, Soc regular rice is 18,500 VND/kg, Soc Thai rice is 21,000 VND/kg, and Japanese rice is 22,000 VND/kg.

In the rice market, records in An Giang and Kien Giang provinces show that the volume of new rice transactions is still low, most of the rice is still in the fields and has not been harvested. Meanwhile, in Tay Ninh, the demand for rice is quite high, rice prices remain stable.

According to the update from the Department of Agriculture and Rural Development of An Giang province, today's rice price has some slight adjustments compared to yesterday. Specifically, IR 50404 rice is currently at 6,800 - 7,100 VND/kg.

For other types of rice, the price of Dai Thom 8 rice fluctuates between 7,800 - 8,000 VND/kg, OM 5451 rice is priced from 7,300 - 7,600 VND/kg. OM 18 rice is sold at 8,400 - 8,500 VND/kg.

In addition, OM 380 rice is currently priced at 7,000 - 7,200 VND/kg, Japanese rice is at 7,800 - 8,000 VND/kg, and Nang Nhen rice (dried) is at 20,000 VND/kg.

For by-products, prices are currently fluctuating from 6,700 - 9,600 VND/kg. Specifically, the price of OM 5451 broken rice is at 9,300 - 9,600 VND/kg, while the price of dry bran is stable at 6,700 - 6,800 VND/kg, unchanged from yesterday.

Regarding the sticky rice market, prices remain the same as the previous day. Long An IR 4625 sticky rice (fresh) is priced at 7,800 - 7,900 VND/kg, while Long An IR 4625 sticky rice (dry) ranges from 9,600 - 9,800 VND/kg.

Export rice price

In the export market, Vietnam's rice export prices remained unchanged from the previous day. According to the Vietnam Food Association (VFA), 100% broken rice is currently priced at $427 per ton, 5% broken rice at $524 per ton, and 25% broken rice at $495 per ton.