SJC gold continues to slip below the 67 million VND mark; Gasoline prices are headed for the second consecutive week of increase

* SJC gold continues to slip below the 67 million VND mark

Gold price today April 2, domestic gold price turned down slightly, with JSC gold price currently at 66.95 million VND/tael (selling).

Meanwhile, world gold stabilized at the end of the week at 1,969 USD.

At the time of survey at 5:00 a.m. on April 2, on the trading floor of Saigon Jewelry Company SJC, SJC gold was 66.25 million VND/tael for buying and 66.95 million VND/tael for selling.

Gold price today April 2, domestic gold price turned down slightly.

At Phu Quy Jewelry Company, at the time of survey, the listed price of SJC gold was at 66.35 - 67.00 million VND/tael (buy - sell).

DOJI listed the price of 9999 gold at 66.35 million VND/tael for buying and 67.05 million VND/tael for selling.

Vietinbank Gold price is listed at 66.45 million VND/tael for buying and 67.07 million VND/tael for selling.

The price of SJC gold at Bao Tin Minh Chau Company Limited is also traded by the enterprise at 66.40 - 66.98 million VND/tael (buy - sell). The price of 24K Rong Thang Long gold of Bao Tin Minh Chau is listed at 54.93 - 55.88 million VND/tael in two directions.

* Export rice price increased by 20 USD/ton

Rice prices today, April 2, in the Mekong Delta continued to move sideways. Last week, domestic and export rice prices fluctuated in opposite directions.

In An Giang, rice prices today have not fluctuated. Accordingly, An Giang fresh sticky rice is at 6,000 - 6,300 VND/kg; Dai Thom 8 is being purchased by traders in the field at 6,400 - 6,600 VND/kg; OM 18 is still 6,400 - 6,500 VND/kg; Nang Hoa 9 is still 6,100 - 6,200 VND/kg; IR 504 rice is 6,100 - 6,300 VND/kg; Long An fresh sticky rice is at 6,600 - 6,800 VND/kg; OM 5451 rice is 6,200 - 6,400 VND/kg; Long An dried sticky rice is 9,000 - 9,200 VND/kg, An Giang dried sticky rice fluctuates at 8,400 - 8,600 VND/kg and IR 504 dried rice remains at 6,500 VND/kg.

Last week, rice prices fluctuated a lot, increasing at the beginning of the week and gradually decreasing at the end of the week. In the photo: Rice imported at Thanh Nghe Tinh Joint Stock Company. Photo: Thu Huyen

Regarding rice, today's rice prices have stabilized and remained unchanged after a downward adjustment session. Specifically, TP IR 504 rice is currently priced at 10,000 - 10,100 VND/kg; NL IR 504 is 9,050 - 9,150 VND/kg. Regarding by-products, the price of IR 504 broken rice is at 9,100 VND/kg; dry bran is 7,350 - 7,450 VND/kg.

According to traders, today raw rice is abundant, prices are stable, and finished rice has not fluctuated. The rice market has not fluctuated. Rice trading slowed down over the weekend, prices were stable, and traders made few purchases.

Last week, rice prices fluctuated a lot, increasing at the beginning of the week and gradually decreasing at the end of the week. Meanwhile, the paddy market adjusted sharply downward. Typically, Nang Hoa 9 decreased by 800 VND/kg; Dai Thom 8 decreased by 300 VND/kg.

On the world market, the export price of Vietnamese rice today remained unchanged after a sharp increase. Accordingly, 5% broken rice is at 468 USD/ton; 25% broken rice remains at 448 USD/ton.

Last week, Vietnam's rice export price increased sharply by 20 USD/ton. Data from the Ministry of Agriculture and Rural Development shows that rice exports in March 2023 are estimated at 900,000 tons, worth 480 million USD, bringing the volume and value of rice exports in the first 3 months of the year to 1.79 million tons and 952 million USD, down 19% in volume but up 30% in value compared to the same period in 2022.

In the first three months of the year, Vietnam's average rice export price was 531 USD/ton, up 9.2% over the same period in 2022. In March 2023, rice export prices in key markets in Asia fluctuated. Experts predict that the current expansion of purchasing demand from countries, especially Vietnam's traditional markets such as China, the Philippines, and Indonesia, has contributed to the increase in rice prices.

* Gasoline price today April 2: Towards the second consecutive week of increase

Today's gasoline price, April 2, the world market recorded an increase of about more than 1 USD due to tight supply and slow inflation data.

World oil prices on the morning of April 2 (Vietnam time) were as follows: WTI crude oil price increased by 1.06 USD, to 75.74 USD/barrel, while Brent oil price increased by 1.01 USD, to 80.14 USD/barrel.

Oil prices rose more than $1 a barrel to post a second straight weekly gain, as supplies tightened in some parts of the world and U.S. inflation data showed the pace of price increases was slowing. Domestic gasoline prices.

Today's gasoline price, April 2, the world market recorded an increase of about more than 1 USD.

Domestic retail gasoline prices on the morning of April 2 were applied according to the March 21 management session of the Ministry of Finance - Ministry of Industry and Trade.

Specifically, the price of E5RON92 gasoline is no higher than VND22,022/liter (down VND784/liter compared to the current retail price), lower than RON95-III gasoline by VND1,016/liter; RON95-III gasoline is no higher than VND23,038/liter (down VND780/liter compared to the current retail price).

Diesel oil 0.05S is not higher than 19,302 VND/liter (down 1,200 VND/liter compared to the current retail price); kerosene is not higher than 19,462 VND/liter (down 1,253 VND/liter compared to the current retail price); fuel oil 180CST is not higher than 14,479 VND/kg (down 800 VND/kg compared to the current retail price).

In this operating period, the joint ministries will set aside the BOG Fund for E5RON92 gasoline at VND300/liter, RON95 gasoline at VND300/liter; diesel oil at VND300/liter; kerosene at VND300/liter; and fuel oil at VND300/kg.

The Ministry of Industry and Trade and the Ministry of Finance also decided not to spend the BOG Fund on all petroleum products.

* Pig price fluctuates around 48,000 - 52,000 VND/kg

Pig prices today, April 2, remained stable across the board and fluctuated around 48,000 - 52,000 VND/kg.

In the North, the price of live pigs today is flat across the board and fluctuates between 48,000 - 50,000 VND/kg. Accordingly, the highest price in the region of 50,000 VND/kg continues to be recorded in Hung Yen, Thai Nguyen, Thai Binh, Hanoi and Tuyen Quang. Lower by one price, traders in Bac Giang, Phu Tho and Vinh Phuc provinces are purchasing live pigs at 49,000 VND/kg. The price of live pigs in the remaining provinces including Yen Bai, Lao Cai, Nam Dinh, Ha Nam and Ninh Binh all stand at 48,000 VND/kg, which is considered the lowest price in the North.

Pig prices fluctuated little last week.

In the Central Highlands, the price of live pigs today is quiet and fluctuates between 48,000 - 50,000 VND/kg. Specifically, the highest price in the region of 50,000 VND/kg was recorded in a series of localities including Lam Dong, Binh Thuan, Quang Binh, Quang Nam, Binh Dinh, Khanh Hoa and Dak Lak. On the contrary, traders in Thanh Hoa, Nghe An, Ha Tinh and Quang Ngai continued to buy live pigs at 48,000 VND/kg - the lowest in the region. In the remaining provinces, the price of live pigs was recorded at 49,000 VND/kg.

Following the same market trend, in the Southern region, the price of live pigs today did not record any fluctuations and fluctuated between 50,000 - 52,000 VND/kg. Specifically, the lowest price in the region of 50,000 VND/kg was recorded in a series of localities including Binh Phuoc, Dong Nai, Ho Chi Minh City, Binh Duong, Tay Ninh, Long An, Dong Thap, Hau Giang, Tien Giang, Bac Lieu, Tra Vinh, Ben Tre, Soc Trang. On the contrary, the highest price in the region of 52,000 VND/kg was recorded in Vung Tau and Ca Mau. The remaining localities in the region also recorded a price of live pigs of 51,000 VND/kg.

Overall, the price of live pigs fluctuated little last week. The average price remained around 50,000 VND/kg. On April 2, the average price of live pigs in the North remained at 49,690 VND/kg; in the Central Highlands region at 49,210 VND/kg; and in the South at 51,000 VND/kg.