According to the An Giang Department of Agriculture and Environment, fresh paddy prices moved higher for several major varieties.

Fresh OM 18 paddy rose by VND500/kg to VND6,800–7,000/kg, while fresh OM 34 also gained VND500/kg to VND6,100–6,300/kg. Fresh Dai Thom 8 increased by VND100/kg to VND7,000–7,200/kg, and fresh IR 50404 edged up VND100/kg to VND6,100–6,200/kg. Meanwhile, fresh OM 5451 remained unchanged at VND6,300–6,500/kg compared with mid-week levels.

Field reports showed farmers raising their asking prices slightly, although trading remained slow. In An Giang, traders mainly collected paddy that had been contracted earlier, with limited new transactions, while prices for several fresh paddy varieties increased.

In Dong Thap, farmers quoted slightly higher prices for premium-quality paddy. Meanwhile, trading in Can Tho, Ca Mau, Vinh Long, and Tay Ninh remained sluggish, with most paddy prices broadly stable.

According to updates from the An Giang Department of Agriculture and Environment and Lua Gao Viet, export-grade raw rice prices were mostly steady from the previous day.

Export-grade IR 504 raw rice was quoted at VND9,200–9,300/kg, while CL 555 traded at VND9,500–9,600/kg. OM 5451 remained at VND9,500–9,600/kg, and export-grade OM 18 stood at VND8,700–8,850/kg. Dai Thom 8 raw rice was priced at VND9,200–9,400/kg, while export-grade OM 380 and Soc Thom were both quoted at VND7,500–7,600/kg.

Rice by-product prices ranged between VND7,900 and VND8,300/kg.

Broken fragrant rice increased by VND100/kg to VND8,200–8,300/kg, while rice bran was quoted at VND7,900–8,050/kg, little changed from the previous day.

Market participants reported that trading remained slow as supplies of Summer-Autumn rice were limited. Rice prices were generally stable across producing regions.

In An Giang, new transactions remained limited, although rice prices showed a slight upward trend.

In Lap Vo District of Dong Thap Province, arrivals of paddy rice were limited, resulting in little price movement. In An Cu commune, also in Dong Thap, trading activity remained subdued and prices were largely unchanged.

Retail rice prices were unchanged from the previous day.

•           Nang Nhen rice: VND28,000/kg

•           Huong Lai rice: VND22,000/kg

•           Thai long-grain fragrant rice: VND20,000–22,000/kg

•           Jasmine rice: VND16,000–17,000/kg

•           Nang Hoa rice: VND21,000/kg

•           Dai Thom rice: VND15,000–15,500/kg

•           Ordinary white rice: VND16,000/kg

•           Ordinary rice: VND13,000–14,000/kg

•           Soc ordinary rice: VND15,000–16,000/kg

•           Soc Thai rice: VND20,000/kg

•           Japanese rice: VND22,000/kg

Vietnam's rice export prices were unchanged from the previous day, according to the Vietnam Food Association (VFA).

•           Jasmine rice: US$513–517 per tonne

•           5% broken fragrant rice: US$510–520 per tonne

•           100% broken fragrant rice: US$348–352 per tonne

The export market remained broadly stable, with quotations showing no significant changes compared with the previous trading session.

Source: Vitic/Congthuong