AsemconnectVietnam - According to Kinh tế & Đô Thị, the rice market in the Mekong Delta region saw slight fluctuations today. Some types of fresh paddy increased by 100 VND/kg, while export rice prices rose by 1 USD/ton.

Fresh Paddy Prices:
• OM 18: 6,500 - 6,600 VND/kg
• Dai Thom 8: 6,500 - 6,600 VND/kg
• OM 5451: 5,700 - 5,900 VND/kg
• IR 50404: 5,500 - 5,600 VND/kg
• OM 380: 5,000 - 5,200 VND/kg
• Japanese rice: 7,800 - 8,000 VND/kg
• Nang Hoa 9: 9,200 VND/kg
Rice Prices (Raw Material):
• OM 380: 7,900 - 8,000 VND/kg
• IR 504: 8,150 - 8,200 VND/kg
• OM 18: 9,300 - 9,500 VND/kg
• 5451: 8,500 - 8,600 VND/kg
Finished Rice Prices:
• OM 380: 8,800 - 9,000 VND/kg
• IR 504: 9,500 - 9,700 VND/kg
By-product Prices:
• Aromatic broken rice: 7,100 - 7,300 VND/kg
• Broken rice (3-4): 6,600 - 6,700 VND/kg
• Dry bran: 5,550 - 5,700 VND/kg
Retail Market Prices:
• Nang Nhen: 28,000 VND/kg
• Regular rice: 15,000 - 16,000 VND/kg
• Thai fragrant long-grain rice: 20,000 - 22,000 VND/kg
• Huong Lai: 22,000 VND/kg
• Jasmine fragrant rice: 18,000 - 20,000 VND/kg
• Nang Hoa: 22,000 VND/kg
• Taiwan fragrant rice: 21,000 VND/kg
• Regular white rice: 17,000 VND/kg
• Soc regular rice: 18,000 VND/kg
• Soc Thai rice: 21,000 VND/kg
• Japanese rice: 22,000 VND/kg
Export Prices:
• 5% broken rice: 390 USD/ton
• 25% broken rice: 364 USD/ton
• 100% broken rice: 307 USD/ton
Overall, the domestic rice market remains stable, with slight price increases for some fresh paddy and export rice.
Vietnam's central bank has directed commercial banks to promptly meet the loan needs of individuals and businesses involved in producing, processing, purchasing, temporarily storing, and consuming rice in 2025, particularly in the Mekong Delta.
Vietnam’s rice exports in February were 560,000 tons or $288.2 million, down 13.6% in value year-on-year, according to the agriculture ministry.
The average export price during the first two months of the year was $553.60 per ton, down 18.3% compared to the same period last year.
The Vietnam Food Association (VFA) attributed the sharp decline in rice prices to India lifting its export restrictions and expected bumper crop yields, along with increased rice production in Vietnam, Thailand, and Pakistan. This has significantly boosted the global rice supply for 2025.
Following Prime Minister Pham Minh Chinh's direction on March 4 regarding managing the balance between rice supply and demand amidst global and domestic market developments, the State Bank of Vietnam on March 5 instructed commercial banks and SBV branches in areas 13, 14, and 15 to implement a series of measures to support rice production and export.
Commercial banks are required to balance capital sources and meet the loan needs of individuals and enterprises engaged in rice production, processing, purchasing, temporary storage, and export in 2025.
T.Huong
Source: Vitic