AsemconnectVietnam - On Monday, paddy and rice prices remained steady compared to Yesterday in Vietnam's Mekong Delta region, according to Kinhtedothi.

Recorded in localities such as An Giang, Dong Thap, and Tien Giang, rice prices ranged from VND7,100 to VND8,000/kg. Accordingly, in An Giang, updated by the Department of Agriculture and Rural Development of An Giang province, the average price of undried paddy purchased in the field such as IR 504 rice for 7,100 - 7,300 VND/kg; Dai Thom 8 rice for 7,400 - 7,600 VND/kg; OM 18 rice for 7,400 - 7,600 VND/kg; OM 5451 rice for 7,200 - 7,300 VND/kg; Japanese rice for 7,800 - 8,000 VND/kg.
Rice prices are stable today. Specifically, at market rice warehouses in An Cu and Cai Be (Tien Giang), raw rice OM 18 is priced at 12,300 - 12,400 VND/kg; Taiwan fragrant rice 8 at 12,600 - 12,700 VND/kg; OM 5451 from 11,800 to 11,900 VND/kg; OM 380 at 11,450 – 11,550 VND/kg; Japanese raw rice at 12,600 - 12,700 VND/kg; ST 21 at 13,900 - 14,000 VND/kg; ST 24 at 14,400 - 14,600 VND/kg.
In the export market, Vietnam's export rice prices stagnated and moved sideways after a sharp decline. According to the Vietnam Food Association (VFA), the current price of 25% broken rice traded at 584 USD/tonne; 5% broken rice at 609 USD/tonne; 100% broken rice at 508 USD/tonne. Vietnam's rice exports are expected to continue their upward trajectory this year, toward a milestone of 5 billion USD in turnover.
The year marks a period of anticipated volatility in the global rice market, encompassing fluctuations in production and demand, as well as related policies from leading exporting nations. Hence, innovation in production and flexible export management are crucial conditions for the Vietnamese rice industry to achieve its growth targets.
According to the Ministry of Agriculture and Rural Development, despite a trend of narrowing the rice cultivation area nationwide, the farming sector aims to maintain a stable plantation of 7.1 million hectares in 2024. The output of the grain is projected to exceed 43 million tonnes, with about 8 million tonnes for export.
T.Huong
Source: Vitic/kinhtedothi