DAILY: Vietnamese rice prices slightly decreased on January 23, 2024
Thursday, January 23,2025
AsemconnectVietnam - According to Kinhtedothi, rice prices on January 23rd have slightly decreased by 100 VND/kg for raw rice. Trading activity has been sporadic, with a reduced rice supply entering the market.
For rice products, as updated by the Department of Agriculture and Rural Development of An Giang Province:
- Raw OM 380 rice has decreased by 100 VND/kg, ranging from 7,300 - 7,500 VND/kg.
- Finished OM 380 rice ranges between 8,800 - 9,000 VND/kg.
- Raw IR 504 rice has decreased by 100 VND/kg, priced at 7,500 - 7,700 VND/kg.
- Finished IR 504 rice ranges from 9,500 - 9,700 VND/kg.
By-products:
The price of by-products fluctuates between 5,600 - 7,300 VND/kg. Specifically:
The price of by-products fluctuates between 5,600 - 7,300 VND/kg. Specifically:
- Fragrant broken rice increased by 100 VND/kg compared to earlier this week, priced between 7,100 - 7,300 VND/kg.
- Dry bran decreased by 100 VND/kg, ranging from 5,600 - 5,700 VND/kg.
Local Market Updates:
- At Lap Vo - Vam Cong (Dong Thap), trading activity is slow, with warehouses purchasing minimal amounts. Fragrant rice is being purchased sporadically, while other varieties experience slower trading, with prices relatively stable.
- At Sa Dec (Dong Thap), rice supplies have decreased, and raw rice prices remain unstable as some large warehouses have closed early for the Tet holiday.
- At Sa Dec Market Channel (Dong Thap), supply has dropped, warehouses are purchasing slowly, and the price of rice remains firm.
- At An Cu (Cai Be, Tien Giang), trading is sluggish, with market warehouses buying less as Tet approaches, maintaining stable prices.
Retail Market:
Rice prices at retail markets remain unchanged compared to yesterday:
Rice prices at retail markets remain unchanged compared to yesterday:
- Regular rice: 16,000 - 17,000 VND/kg.
- Nang Nhen rice: 28,000 VND/kg.
- Nang Hoa rice: 21,500 VND/kg.
- Long-grain fragrant Thai rice: 20,000 - 22,000 VND/kg.
- Huong Lai rice: 22,000 VND/kg.
- Jasmine fragrant rice: 18,000 - 20,000 VND/kg.
- Standard white rice: 17,500 VND/kg.
- Fragrant Taiwanese rice: 21,000 VND/kg.
- Soc rice: 18,000 VND/kg (regular), 21,000 VND/kg (Thai variety).
- Japanese rice: 22,000 VND/kg.
Rice Crop Prices:
Prices remain steady compared to yesterday. According to An Giang's Department of Agriculture and Rural Development:
Prices remain steady compared to yesterday. According to An Giang's Department of Agriculture and Rural Development:
- IR 50404 (fresh): 5,500 – 5,700 VND/kg.
- OM 5451: 5,800 - 6,000 VND/kg.
- OM 18 (fresh): 7,600 - 7,800 VND/kg.
- Dai Thom 8 (fresh): 7,600 – 7,800 VND/kg.
- OM 380: 6,600 - 6,700 VND/kg.
- Japanese rice: 7,800 - 8,000 VND/kg.
- Nang Hoa 9: 9,200 VND/kg.
Regional Insights:
- In Hau Giang, some areas have a low supply of rice harvested near Tet. Farmers are hesitant to sell despite traders offering prices.
- In Dong Thap, farmers are offering more rice, but trading remains slow with stable prices.
- In Can Tho, demand is low, trading is limited, and traders are only making small purchases of pre-Tet harvested rice.
- In Kien Giang, post-Tet rice offerings are scarce, with farmers reluctant to sell.
- In Soc Trang, early winter-spring rice crops are slowly appearing, but trading remains slow with minimal price changes.
Export Market:
Vietnam's rice export prices have slightly decreased compared to the start of the week. According to the Vietnam Food Association (VFA):
Vietnam's rice export prices have slightly decreased compared to the start of the week. According to the Vietnam Food Association (VFA):
- 5% broken rice: 417 USD/ton.
- 25% broken rice: 390 USD/ton.
- 100% broken rice: 322 USD/ton.
T.Huong
Source: Vitic
DAILY: Vietnamese pepper prices increased on January 23, 2024
Import and export highlights in 2024
Cashew exports in 2024 and opportunities to increase cashew exports in 2025
Vietnam-Denmark import-export turnover grows over 20%
Vietnam seel market in 2024 and forecast for 2025
Vietnam Animal Feed Market in 2024
Seafood exports in 2024 and forecast for 2025
Export turnover to UK increased in 2024
DAILY: Vietnamese rice prices dropped sharply on January 22, 2024
DAILY: Vietnamese pepper prices increased on January 22, 2024
DAILY: Vietnamese coffee prices increased by 300 VND on January 22, 2024
In 2025, seafood exports set a target of 10.5 billion USD
Rice Prices on January 21, 2025: Slight Decrease
DAILY: Vietnamese pepper prices increased on January 21, 2024