AsemconnectVietnam - According to Kinh tế & Đô thị, domestic rice and paddy prices on April 16 showed mixed movements, with some milled rice types dropping by 50 VND/kg and paddy prices rising by 100 VND/kg. The dry paddy market has slowed down, with traders offering consistently, but warehouses showing low demand.

In the Mekong Delta, price fluctuations were minimal. The market volume remained low, with mixed movements in raw rice and fresh paddy prices compared to the weekend. According to the Department of Agriculture and Environment of An Giang Province:
• OM 18 (fresh) rose by 100 VND/kg, ranging from 6,800–7,000 VND/kg.
• OM 380 (fresh) increased by 100 VND/kg, at 5,900–6,000 VND/kg.
• OM 5451 (fresh) dropped by 100 VND/kg, ranging from 6,200–6,300 VND/kg.
• Dai Thom 8 (fresh) held steady at 6,900–7,000 VND/kg.
• IR 50404 (fresh) remained at 5,800–6,000 VND/kg.
• Nang Hoa 9 ranged from 6,550–6,750 VND/kg.
In various provinces, dry paddy trading slowed, with traders having inventory but fewer buyers. In An Giang and Can Tho, fresh paddy transactions were sluggish and prices were mostly stable. Long An saw low purchasing demand and slow market movement.
In Kien Giang, volumes were limited, Hòn Đất paddy supply declined, and prices remained steady. In Bac Lieu, ST fragrant paddy prices stayed high as large areas were already reserved, though traders were less active in purchasing.
Regarding rice, based on data from An Giang:
• IR 504 raw rice rose by 50 VND/kg, now at 7,900–8,050 VND/kg.
• OM 380 raw rice decreased by 50 VND/kg, now at 7,700–7,850 VND/kg.
• 5451 raw rice ranged from 9,600–9,750 VND/kg.
• OM 380 finished rice was at 8,800–9,000 VND/kg.
• IR 504 finished rice ranged from 9,500–9,700 VND/kg.
By-products were priced between 6,600–9,000 VND/kg. Specifically:
• Broken rice (3-4 grade): 6,650–6,800 VND/kg.
• Bran: 8,000–9,000 VND/kg.
Trading of IR50404 and OM380 rice remained sluggish and prices mostly stable. In An Giang, warehouses showed low buying activity. In Lap Vo (Dong Thap), slow movement persisted among larger buyers. At the Sa Dec market (Dong Thap), supply was limited, warehouse purchases were slow, and prices held steady. At An Cu (Cai Be, Tien Giang), supply was modest, rice quality average, and market demand slowed.
At retail markets, rice prices remained unchanged from earlier in the week. Current prices:
• Nang Nhen rice: highest at 28,000 VND/kg
• Regular rice: 15,500–16,000 VND/kg
• Thai fragrant long grain: 20,000–22,000 VND/kg
• Huong Lai: 22,000 VND/kg
• Jasmine fragrant: 18,000–20,000 VND/kg
• Nang Hoa: 22,000 VND/kg
• Taiwanese fragrant: 21,000 VND/kg
• Standard white rice: 17,000 VND/kg
• Regular Soc rice: 18,000 VND/kg
• Soc Thai rice: 21,000 VND/kg
• Japanese rice: 22,000 VND/kg
Export Market:
Vietnam's rice export prices remained steady compared to the previous day. According to the Vietnam Food Association (VFA):
• 5% broken rice: 397 USD/ton (down 2 USD/ton)
• 25% broken rice: 369 USD/ton
• 100% broken rice: 317 USD/ton
Vietnam to remain key rice supplier to the Philippines in 2025 and beyond
According to Mr. Phung Van Thanh, Commercial Counselor at the Vietnam Trade Office in the Philippines, Vietnam will continue to be the Philippines’ main source of rice imports in 2025 and the foreseeable future. The Philippines' rice import demand is expected to reach around 4.92 million tons, possibly exceeding 5 million tons.
Despite policy efforts by the Philippine government to reduce retail rice prices — which may affect importers' profit margins and add uncertainty — the country is unlikely to reduce its dependence on rice imports soon, due to limited capacity to expand domestic production.
Vietnam maintains a competitive advantage over other exporters such as India, Pakistan, Thailand, and Japan, holding 80–85% market share in the Philippines. Thailand supplies about 10%, with the rest coming from various other countries.
However, the risk of the Philippines diversifying its supply sources remains. Therefore, Vietnamese exporters should focus on maintaining their market dominance while also seeking new export opportunities. Mr. Thanh emphasized the importance of working closely with the Ministry of Industry and Trade and the Vietnam Trade Office in the Philippines, leveraging promotional efforts, communication strategies, and advertising campaigns to strengthen Vietnam’s presence in the market.
T.Huong
Source: Vitic