Export rice prices remain high

Rice prices on November 25 domestically

The rice market today, November 25, 2024, continues to move sideways for both paddy and rice.

In Long An, the price of Autumn – Winter paddy is stable, with slow purchasing, and some traders are buying in small quantities.

• Long An 3-month sticky rice (dry) is priced at VND 9,800 – 10,000/kg; Long An IR 4625 sticky rice (dry) is priced at VND 9,600 – 9,800/kg;
• IR 50404 paddy is priced at around VND 7,600 – 7,800/kg; Dai thom 8 paddy is at VND 8,200 – 8,400/kg;
• OM 5451 paddy is trading at VND 7,600 – 7,800/kg; OM 18 paddy is priced at VND 8,500 – 8,600/kg;
• OM 380 paddy is holding steady at VND 6,800 – 7,000/kg; Japanese paddy is steady at VND 7,800 – 8,000/kg;
• Nang Nhen (dry) paddy is traded at VND 20,000/kg; Nang Hoa 9 paddy is priced at VND 8,400 – 8,600/kg.

Similarly, rice prices today (25/11) are also unchanged; most rice is of poor quality, with few premium varieties.

• The price of IR 504 Summer – Autumn raw rice is VND 10,350 – 10,500/kg; the price of finished IR 504 rice is VND 12,450 – 12,550/kg;
• The price of sticky rice is VND 18,000 – 22,000/kg; Regular rice is VND 16,000 – 17,000/kg; Nang Nhen rice is VND 28,000/kg.
• The price of Thai long-grain fragrant rice is VND 20,000 – 22,000/kg; Jasmine rice is VND 17,000 – 18,000/kg; Huong Lai rice holds steady at VND 22,000/kg.
• Common white rice is purchased at VND 17,500/kg; Nang Hoa rice is VND 21,500/kg; Soc rice remains at VND 18,000 – 18,500/kg; Soc Thai rice is VND 21,000/kg.
• The price of Taiwanese fragrant rice is VND 21,000/kg; Japanese rice remains steady at VND 22,000/kg.
• Meanwhile, OM 5451 broken rice is priced at VND 9,300 – 9,400/kg, and dry rice bran is priced at VND 5,950 – 6,100/kg.

In the export market, the price of 100% broken rice is $ 410/ton; the price of standard 5% broken rice is $ 522/ton. The price of 25% broken rice is at $ 485/ton.

Currently, these prices are significantly higher compared to other countries exporting the same types of rice, such as Thailand, India, Pakistan, and Myanmar.

Thus, the price of paddy and rice on November 25, 2024, has not changed compared to yesterday.

$ 1 = VND 25.167 – Source: Vietcombank.