DAILY: Vietnamese rice prices decreased on January 24, 2024
Friday, January 24,2025
AsemconnectVietnam - According to Kinhtedothi, Today, the rice and paddy market saw a sharp decline of 500 VND/kg in some retail rice prices compared to Yesterday.
The transaction of new paddy continued to be slow, with a delay in the supply entering the market.
In the Mekong Delta, prices remained relatively stable. Paddy prices were steady compared to the previous day. According to An Giang’s Department of Agriculture and Rural Development, the price of fresh IR 50404 paddy ranged from 5,500 to 5,700 VND/kg, while other varieties like OM 5451, OM 18, and 5% Broken Fragrant Rice were priced from 5,800 to 8,000 VND/kg.
Many regions reported slow transactions for newly harvested paddy. In Soc Trang, early Spring paddy prices increased slightly, but trade was slow, with many traders halting purchases. Similarly, in Can Tho, transactions for the Spring paddy were slow as farmers offered paddy after Tet, but fewer deals were made.
For rice prices, An Giang’s Department of Agriculture and Rural Development reported:
- OM 380 raw rice: 7,300 - 7,500 VND/kg
- OM 380 finished rice: 8,800 - 9,000 VND/kg
- IR 504 raw rice: 7,500 - 7,700 VND/kg
- IR 504 finished rice: 9,500 - 9,700 VND/kg
By-products such as broken rice increased by 100 VND/kg, ranging between 7,100 - 7,300 VND/kg, while dried bran was priced at 5,600 - 5,700 VND/kg.
In retail markets, rice prices saw a noticeable decrease:
- Common white rice: 17,000 VND/kg (down 500 VND/kg)
- Nang Hoa rice: 22,000 VND/kg (up 500 VND/kg)
- Thai fragrant long-grain rice: 20,000 - 22,000 VND/kg
- Jasmine rice: 18,000 - 20,000 VND/kg
- Taiwanese fragrant rice: 21,000 VND/kg
- Japanese rice: 22,000 VND/kg
For export, Vietnamese rice prices remained unchanged from the previous day:
- 5% broken rice: 417 USD/ton
- 25% broken rice: 390 USD/ton
- 100% broken rice: 322 USD/ton.
T.Huong
Source: Vitic
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