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News updates related to raw materials

The domestic dairy market still has much room for growth; Vietnam aims to achieve 85% self-sufficiency in raw materials by 2045.

With average consumption currently at 36kg/person, the Vietnamese milk market has room for growth of 12-14% per year and aims to reach 100 liters/person by 2045.

Market

Farmers in Nghe An 'consolidate land' to plant sugarcane on a large scale.

Amidst a growing shortage of rural labor and rising labor costs, many households in the raw material area of Song Con Sugar Company are boldly leasing additional land and accumulating...
Coking coal prices in China fell to 1,273 yuan per ton due to weak steel demand.

Slump demand for steel in China, due to bad weather and trade barriers, has driven down the prices of coking coal and other steelmaking raw materials.

Coking coal prices fell to 1,273 CNY/tonne due to weakening steel demand in China.

Coking coal prices in China fell 1.16% on May 27th as concerns about weakening steel demand outweighed risks of supply disruptions from a mining accident.
Rice prices on May 27th: Specialty rice maintains high prices, raw rice slightly decreases.

The rice market is showing divergence, with fragrant and specialty rice maintaining stable prices, while raw rice for export has decreased by 50-100 VND/kg.
Rice prices on May 27th: Raw rice prices decreased by 100 VND/kg, while high-quality rice prices remained stable.

Raw rice prices have decreased by 50-100 VND/kg due to competitive pressure from India and stagnant demand in Indonesia, while high-quality rice varieties have maintained stable prices.
Export prices for raw rice decreased slightly on May 26th, while domestic trading was slow.

The price of raw rice OM 5451 and CL 555 decreased by 50-100 VND/kg on May 26th. Domestic trading was slow while rice exports faced competitive pressure from India.

Rice prices on May 26th: Raw rice for export slightly decreases, market trading slows down.
May 26, 2026 15:32

The rice market in the Mekong Delta remains stable with low liquidity. Prices for raw rice for export have seen a downward adjustment of 50 to 100 VND/kg.
Steel prices on May 25th: Hoa Phat maintains price at 15,430 VND/kg, international market sees slight decrease.
May 25, 2026 17:31

While domestic construction steel prices remained stable, the international market saw a downward trend due to energy cost pressures and low demand in China.
The issue of "stalled" and inefficient timber raw material area planning needs to be resolved definitively.
May 21, 2026 06:57

The review by the Department of Agriculture and Environment revealed that many plans for timber and non-timber forest product raw material areas in the province have not been implemented or have been implemented ineffectively.
Iron ore prices fluctuated in opposite directions on May 20th, with the market anticipating a recovery in hot pig iron production.
May 20, 2026 18:01

Iron ore prices on the Dalian Commodity Exchange edged higher to 800 CNY/tonne on expectations of a resumption of blast furnace production in China, while prices in Singapore recorded their fifth consecutive day of declines.
Rice prices today, May 19th: Raw rice prices slightly increase, market trading slow.
May 19, 2026 14:30

Raw rice prices in the Mekong Delta recorded an increase of 50-100 VND/kg, while fresh paddy prices remained stable as the early summer-autumn crop season began.
Rice prices today, May 19th: Raw rice prices slightly increase, market trading remains quiet.
May 19, 2026 10:31

On May 19th, raw rice prices in the Mekong Delta recorded an increase of 50-100 VND/kg, while fresh paddy prices remained stable as early summer-autumn crop supplies began to enter the market.
Nghe An: Unlocking the potential of medicinal plants in the new era.
May 9, 2026 09:54

The development of medicinal plants and the production of medicines from them are attracting increasing attention from countries around the world. According to the Institute of Medicinal Materials - Ministry of Health, currently 80% of the population in various countries is using...
International steel prices in April 2026 rose slightly due to recovering construction demand.
May 9, 2026 07:31

The global steel market in April 2026 saw a slight increase due to rising raw material costs and improved construction demand, although pressure from oversupply continued to weigh on growth.
Global animal feed prices are expected to rise slightly in April 2026 amid pressure from Middle East conflicts.
May 9, 2026 07:30

Geopolitical conflicts in the Middle East are disrupting global supply chains, driving up transportation and energy costs, and directly impacting the animal feed raw materials market.
World feed ingredient prices increased slightly in January 2026.
May 8, 2026 19:29

World corn and soybean prices are under upward pressure from dry weather conditions in Argentina and projected wheat consumption of 823.9 million tons in 2025/26.
Feed raw material prices increased in February 2026 due to demand from China.
May 8, 2026 19:01

The global animal feed market saw growth in February 2026 as China increased imports and India officially lifted its wheat export ban.
Raw rice prices increased by 400 VND/kg, while the rice market in the Mekong Delta remained stable.
May 5, 2026 10:01

On May 5th, the rice market in the Mekong Delta recorded a price increase in the export-grade raw rice segment, while the price of fresh paddy remained stable due to gradually decreasing supply.
Raw rice prices increased by up to 400 VND/kg, but the rice market in the Mekong Delta remained stable.
May 5, 2026 09:29

On May 5th, the price of raw rice for export increased by 250 to 400 VND/kg, while the price of fresh paddy in the Mekong Delta remained stable despite gradually decreasing supply.
Cosmetics exports to the EU: Vietnamese businesses must improve technical documentation standards and transparency.
May 3, 2026 07:59

The European Union is tightening regulations on the safety and sustainability of natural resources, requiring Vietnamese exporters to standardize scientific data instead of relying solely on traditional methods.
Signing of a cooperation program between the Nghe An Provincial Farmers' Association and Dong Giao Export Food Joint Stock Company.
April 22, 2026 18:29

On the afternoon of April 22nd, in Nghe An province, the Provincial Farmers' Association and Dong Giao Export Food Joint Stock Company held a conference to sign a memorandum of cooperation on coordinating the development of raw material areas...

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