Rice price today May 14, 2025: Rice price drops sharply
Rice prices today 5/14/2025: Recorded mixed fluctuations. While the prices of rice remain stable, some fresh rice products have decreased sharply.
Domestic rice price today May 14, 2025
According to the Department of Agriculture and Environment of An Giang province, many types of fresh rice decreased by 100 - 200 VND/kg compared to yesterday. Specifically, IR 50404 and OM 5451 rice decreased by 200 VND, currently fluctuating between 5,400 - 5,600 VND/kg and 6,000 - 6,200 VND/kg, respectively. OM 380 and Dai Thom 8 rice decreased by 100 VND, down to 5,500 - 5,800 VND/kg and 6,800 - 7,000 VND/kg. OM 18 and Nang Hoa 9 rice remained unchanged, fluctuating between 6,650 - 7,000 VND/kg.
The dry rice market in many localities is still slow, with limited supply. In An Giang, the summer-autumn rice crop was harvested early but the consumption progress is slow, with traders buying in small quantities.
In Tien Giang, summer-autumn rice trading is stable, while in Dong Thap and Long An, rice volume is low and prices are almost unchanged. In Kien Giang, the new rice market is quiet, with less active trading.
Regarding rice, prices remained stable compared to yesterday. CL 555 raw rice is fluctuating between 8,600 - 8,900 VND/kg. OM 380 rice remains at 8,000 - 8,100 VND/kg, and IR 504 is at 8,200 - 8,250 VND/kg.
Premium rice varieties such as OM 18 and 5451 are priced at VND9,600 - 10,400/kg. Finished rice OM 380 and IR 504 are also stable at VND8,800 - 9,700/kg, respectively.
At retail markets, prices of all types of rice remained unchanged. Nang Nhen rice continued to be the most expensive product at VND28,000/kg. Popular types of rice such as regular rice, Jasmine fragrant rice, regular white rice and Soc rice ranged from VND13,000 to VND18,000/kg.
Specialty rice lines such as Thai fragrant rice, Huong Lai rice, Nang Hoa rice, Taiwan rice, Soc Thai rice and Japanese rice remain at 20,000 - 22,000 VND/kg.
Export rice price
In the export market, Vietnam's rice prices today (May 14) remain unchanged from yesterday. According to the Vietnam Food Association, the price of 5% broken rice is at 397 USD/ton, 25% broken rice is at 368 USD/ton and 100% broken rice is at 321 USD/ton.
With this price, Vietnamese rice still maintains good competitiveness, especially in key markets such as Southeast Asia and Africa, where there is stable import demand.
Meanwhile, information related to military tensions at the Line of Control (LoC) between India and Pakistan has raised market concerns about the risk of trade disruption. However, representatives of the rice industry of the two countries have quickly reassured.
Satish Goel, President of the All India Rice Exporters Association (AIREA), said the current political situation has not affected rice exports. He asserted that the recent increase in Basmati rice prices is mainly due to the recovery in international demand, not due to supply disruption.
In fact, India has maintained a stable export volume of about 6 million tons of Basmati rice in the 2024-2025 crop year. At the same time, Pakistan has also recorded exports of about 1 million tons. Orders to countries such as Saudi Arabia, Iran and Iraq have been regular, without any unusual fluctuations.