Rice price today October 9, 2024: Export rice price slightly decreased

Rice price today October 9, 2024

Rice prices today in the Mekong Delta region tend to increase with rice products.

In the rice market, rice prices recorded a slight increase compared to yesterday. Currently, the price of IR 504 Summer-Autumn raw rice is at 10,550 - 10,700 VND/kg, an increase of 400 - 450 VND/kg. Meanwhile, the price of IR 504 finished rice is at 12,700 - 12,800 VND/kg, an increase of 100 VND/kg.

At retail markets, rice prices have not been adjusted for individual rice products. Currently, Nang Nhen rice has the highest listed price of VND28,000/kg; Jasmine rice is VND18,000 - 20,000/kg; Nang Hoa rice is VND20,000/kg; regular rice fluctuates around VND15,000 - 16,000/kg; long-grain fragrant rice is VND20,000 - 22,000/kg; Huong jasmine rice is VND23,000 - 25,000/kg; Taiwanese fragrant rice is VND21,000/kg; common white rice is VND17,000/kg; regular Soc rice is VND18,000 - 18,500/kg; Thai Soc rice is VND21,000/kg; Japanese rice is VND22,000/kg.

Rice price today October 9, 2024

Update from the Department of Agriculture and Rural Development of An Giang province said that today's rice price has not been adjusted compared to yesterday, IR 50404 rice is priced at 6,900 - 7,000 VND/kg; Dai Thom 8 rice is priced at 7,800 - 8,000 VND/kg, OM 5451 rice is priced at 7,200 - 7,400 VND/kg; OM 18 rice is priced at 7,500 - 7,800 VND/kg, unchanged compared to yesterday; OM 380 rice fluctuates at 7,200 - 7,300 VND/kg; Nhat rice is still at 7,800 - 8,000 VND/kg and Nang Nhen rice (dry) is at 20,000 VND/kg.

By-product price today October 9, 2024

Regarding by-products, the prices of various by-products range from 5,950 - 9,600 VND/kg. Currently, the price of OM 5451 broken rice is at 9,400 - 9,600 VND/kg; the price of dry bran is at 5,950 - 6,100 VND/kg.

Besides, the glutinous rice market has not adjusted compared to yesterday. Long An IR 4625 glutinous rice (dry) 9,500 - 9,700 VND/kg is stable compared to yesterday. Long An 3-month glutinous rice (dry) 9,800 - 10,000 VND/kg is unchanged compared to yesterday.

Export rice price on October 9, 2024

In the export market, Vietnam's rice export prices recorded an adjustment compared to yesterday. According to the Vietnam Food Association (VFA), 100% broken rice is at 440 USD/ton, down 3 USD/ton; 5% standard rice is at 538 USD/ton, down 4 USD/ton; 25% broken rice is at 510 USD/ton, down 2 USD/ton.

As of October 3, 2024, Vietnam has 163 licensed rice export traders. These traders are registered to operate in 23 provinces and cities across the country.

Compared with August 2023, the number of traders decreased from 210 to 163.

Ho Chi Minh City currently has the most traders with 38, followed by Can Tho with 35 and Long An with 22.

An Giang and Dong Thap each have 14 traders, while Hanoi has 10.

Thai Binh and Tien Giang each have 4 traders, Kien Giang has 3.

Hung Yen, Nghe An, Tay Ninh, Soc Trang, Thua Thien-Hue each have 2 traders.

Ha Nam, Thanh Hoa, Ha Tinh, Da Nang, Khanh Hoa, Binh Dinh, Ca Mau, Bac Lieu, Hau Giang each province has 1 trader with the right to export rice.