(VAN) Rice prices on 11/03/2024 increased by VND 1,000 – 1,200 for rice products and VND 50 for paddy. For exports, Vietnamese rice prices are stable.
Latest update on rice prices on 11/03/2024
Rice prices on November 3 domestically
On November 3, the price of paddy rose significantly by VND 1,000, while the price of rice saw a slight uptick.
In Dong Thap and An Giang, rice prices remained stable, with slow new paddy transactions and low demand. Specifically:
- 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 trading around VND 6,800 – 7,100/kg (an increase of VND 100); Dai Thom 8 paddy remains at VND 7,800 – 8,000/kg.
- OM 5451 paddy is trading at VND 7,300 – 7,600/kg; OM 18 paddy is priced at VND 8,400 – 8,500/kg (an increase of VND 1,000 – 1,200).
- OM 380 paddy is steady at around VND 7,000 – 7,200/kg; Japanese paddy is at VND 7,800 – 8,000/kg.
- Nang Nhen paddy (dry) is trading at VND 20,000/kg; Nang Hoa 9 is holding steady at VND 6,900 – 7,000/kg.
The price of rice on November 3 has seen a slight increase.
- IR 504 Summer – Autumn raw rice is priced at VND 10,600 – 10,700/kg (an increase of VND 50); finished IR 504 rice is priced a VNDt 12,550 – 12,650/kg (an increase of VND 50).
- Sticky rice is priced at VND 18,000 – 22,000/kg; regular rice is at VND 15,000 – 16,000/kg; Nang Nhen rice is priced at VND 28,000/kg.
- Thai fragrant long-grain rice is priced at VND 20,000 – 22,000/kg; Jasmine rice is at VND 18,000 – 20,000/kg; Huong Lai rice is held at VND 23,000/kg.
- Common white rice is being purchased at VND 17,500/kg; Nang Hoa rice is at VND 21,500/kg; Soc rice is stable at VND 18,000 – 18,500/kg; Soc Thai rice is priced at VND 21,000/kg.
- Taiwanese fragrant rice is priced at VND 21,000/kg; Japanese rice is stable at VND 22,000/kg.
- The price of OM 5451 broken rice is VND 9,300 – 9,600/kg, while dry bran is priced at VND 6,700 – 6,800/kg (an increase of VND 300).
On the export market, the price of 100% broken rice is $ 427/ton; the price for standard 5% broken rice is $ 524/ton. The price for 25% broken rice stands at $ 497/ton. This week, the export rice prices have decreased by $ 5-7/ton.
Thus, the rice prices on 11/03/2024, have uniformly increased compared to yesterday.
$ 1 = VND 25.084 – Source: Vietcombank.
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