Rice prices today on September 22th, 2023 in the Mekong Delta of Vietnam: Price stagnation, slow transactions

Rice price today September 22, 2023, in the domestic market rice price and rice price are stable. Market transactions are slow, traders and businesses stop buying.
Recording rice prices today September 22 in the Mekong Delta, both rice prices and rice prices remained stable.

Specifically, at An Giang warehouse, according to updates from the Department of Agriculture and Rural Development of An Giang province, the price of Dai Thom 8 rice fluctuates around 8,000 – 8,100 VND/kg; OM 18 rice is priced at 8,000 – 8,200 VND/kg, OM 5451 is priced at 7,700 – 8,100 VND/kg; Hoa 9 price is 8,200 – 8,400 VND/kg; IR 50404 rice is stable at 7,700 – 8,000 VND/kg; Japanese rice 7,800 – 8,000 VND/kg.

Rice price today September 22, 2023, price level, slow transaction. Illustration

With sticky rice, dry An Giang sticky rice is at 9,200 – 9,400 VND/kg; Dry Long An sticky rice ranges from 9,300 – 9,450 VND/kg.

While rice prices remained stable, rice products continued their downward trend with raw rice. Accordingly, the price of IR 504 raw rice fluctuates around 11,600 – 11,650 VND/kg; reduced by 100 VND/kg; Meanwhile, the price of IR 504 finished rice remains stable around 13,700 – 13,800 VND/kg.

Similarly, by-product prices also fluctuate in opposite directions between broken rice and bran. Specifically, the price of IR 504 panels remained stable at 11,800 VND/kg; Meanwhile, the price of dry bran decreased by 100 VND/kg to 6,400 – 6,500 VND/kg.

Recorded in the Mekong Delta region today, the Autumn-Winter rice market is trading gloomily. Rice prices tend to decrease slightly for many types. Summer-Autumn rice sources are exhausted.

With the domestic rice market, many types of rice have limited sources, stagnant prices, and slow transactions. In Tien Giang and Dong Thap, the price of raw rice OM 5451 and Dai Thom 8 tends to decrease while OM 18 rice remains stable, trading is gloomy, many people stop buying.

At retail markets, rice prices do not fluctuate. Specifically, ordinary rice is usually priced at 13,000 – 15,000 VND/kg; Common white rice 16,000 VND/kg; nang rice 23,000 VND/kg; long-grain fragrant rice 18,000 – 20,000 VND/kg; Jasmine fragrant rice 15,500 – 17,000 VND/kg; Huong Lai rice 19,500 VND/kg; Nang Hoa rice 19,000 VND/kg; squirrel rice usually costs 16,000 – 17,000 VND/kg; Thai squirrel rice 18,500 VND/kg; Taiwanese fragrant rice 21,000 VND/kg; Japanese rice 22,000 VND/kg.

On the export market, today’s export rice price remains stable. According to the Vietnam Food Association (VFA), the export price of 5% broken rice is currently at 613-617 USD/ton and 25% broken rice fluctuates around 598-602 USD/ton.

Some businesses said that export rice prices are currently high, so both sellers and buyers are in a difficult position. In which, buyers do not accept the high selling price of Vietnamese enterprises, and if the seller offers a low price, he will lose money because he has to buy domestic rice at a high price.