Nghe An rice price increased unprecedentedly, over 9,000 VND/kg

Nghe An farmers are more excited when rice prices increase sharply. Photo: Xuan Hoang

Rice prices are rising sharply, causing farmers toNghe Anexcited. Mrs. Nguyen Thi Phuong's family in Vinh Thanh commune (Yen Thanh) said: Last summer-autumn crop, the family planted 3 sao of Khang Dan rice and harvested nearly 800 kg of rice. A few months ago, seeingrice priceThe price has increased but the family still does not sell. Recently, the trader offered 9,000 VND/kg, the family decided to sell all of Khang Dan rice, earning nearly 7 million VND.

"Before August 2020, Khang Dan rice price was only 5,500 to 6,500 VND/kg, the family mainly used this rice for livestock. However, now Khang Dan rice price has increased unprecedentedly, so we have to sell it to get money to buy some necessary household items," Ms. Phuong shared.

Mr. Nguyen Van Ngu, a rice trader in Nam Thanh commune (Yen Thanh) said: Rice prices have increased sharply since September 2020. Currently, traders buy rice from people at a price of over 8,500 VND/kg, the highest is Khang Dan rice at up to 9,000 VND/kg, some households even sell at 9,200 VND/kg, because the rice is beautiful and the quantity is large. The current rice price is unprecedented for farmers.

However, according to some traders, the amount of Khang Dan rice left in the market is not much, while the demand is very high, especially in themarketNorthern provinces, so traders find it difficult to find goods in large quantities.

According to traders, although the demand for Khang Dan rice is high, the population does not have much Khang Dan rice left and it is difficult to buy. Photo: Xuan Hoang

"The reason Khang Dan rice is in high demand and has high prices is because this type of rice has moderate stickiness and is easy to process into vermicelli and cakes, so the demand is high, while the number of rice varieties planted is decreasing, especially in the spring crop," said Mr. Ngu.

Because of the sharp increase in rice prices, many farmers in the province who previously gave their fields to others to cultivate, have taken their fields home this spring to sow rice, and are self-sufficient in rice. Mr. and Mrs. Luu Xuan in Lien Thanh commune (Yen Thanh) have 3 sao of rice fields, which they previously gave to others to cultivate, so this spring they decided to take their fields home to sow rice.

"In the past, rice was cheap, and the family could not eat much rice, so it was convenient to spend money to buy rice. However, when the price of rice increased, the family withdrew from the fields to produce rice, taking control of food. Farming is known to be hard work, but in fact, now machines do everything, so we have to work hard for a few months to get rice grains to use for peace of mind," said Mr. Luu Xuan and his wife.

Rising rice prices are an incentive for farmers to stick with their fields. Photo: Xuan Hoang

According to traders in other districts: Do Luong, Dien Chau, Nam Dan, Nghi Loc... all show that the price of rice has increased sharply and it is increasingly difficult to find Khang Dan rice among the people. The demand for rice is high, so traders who buy rice are always in a state of shortage.