Rice price today February 20, 2024: Rice export price increased

Rice prices today, February 20, in the Mekong Delta region remained stable.

Accordingly, in An Giang, updated by the Department of Agriculture and Rural Development of An Giang province, the price of IR 504 rice is at 8,800 – 9,000 VND/kg; Dai Thom 8 rice is at 9,300 – 9,500 VND/kg; OM 18 rice is at 9,200 – 9,400 VND/kg; OM 5451 rice is at 9,200 – 9,400 VND/kg; Nang Hoa 9 remains stable at 9,400 – 9,600 VND/kg; OM 380 rice fluctuates around 8,600 – 8,800 VND/kg.

Recorded in the Mekong Delta provinces, new rice trading was slow at the beginning of the week due to falling rice prices and slow buying by traders and customers.

On the rice market, today more raw rice arrived, warehouses bought slowly, and the buying price dropped sharply compared to last week. In Kien Giang, the factory actively offers a lot for sale but the warehouse buys very slowly.

Specifically, at market rice warehouses in An Cu and Cai Be (Tien Giang), the price of raw rice OM 18 and Dai Thom 8 is at 13.00 – 13.7010 VND/kg, down 500 – 600 VND/kg; OM 5451 raw rice fluctuates around 12,200 – 12,500 VND/kg, down 700 – 800 VND/kg.

In Sa Dec (Dong Thap), fragrant rice is at 12,400 – 12,500 VND/kg, down 600 – 700 VND/kg; beautiful fragrance 12,800 – 12,900 VND/kg, reduced 500 – 600 VND/kg; OM 5451 rice 12,000 – 12,200 VND/kg, down 900 – 1,000 VND/kg, IR 504 at 12,400 – 12,500 VND/kg.

In the export market, Vietnam’s export rice price increased slightly by 1 – 2 USD/ton. According to the Vietnam Food Association (VFA), the current price of 25% broken rice is at 612 USD/ton, an increase of 2 USD/ton; 5% broken rice at 638 USD/ton, up 1 USD/ton; 100% broken rice at 533 USD/ton.