Rice price today March 7, 2024: Domestic and export rice prices increased

Rice prices today, March 7, in the Mekong Delta region were adjusted to increase for rice.

Rice price today March 7, 2024: Slight increase in domestic rice price and export rice price. Illustration.

Recorded in Mekong Delta provinces such as An Giang, Dong Thap, Bac Lieu, Can Tho, Tien Giang… the average price of fresh rice purchased in the field is 7,300 – 8,200 VND/kg.

According to the update of the Department of Agriculture and Rural Development of An Giang province, today’s rice price is adjusted to increase for IR 504 and OM 5451 rice. Specifically, IR 504 rice is at 7,300 – 7,500 VND/kg, an increase of 200 VND/kg; OM 5451 rice is at 7,400 – 7,500 VND/kg, an increase of 100 VND/kg.

For the remaining rice varieties, prices went sideways. Accordingly, Long An fresh sticky rice fluctuates around 7,800 – 8,000 VND/kg; Fresh 3-month sticky rice at 7,900 – 8,200 VND/kg; Dai Thom 8 rice fluctuates around 7,800 – 8,000 VND/kg, Nang Hoa 9 rice fluctuates around 7,500 – 7,700 VND/kg; OM 18 rice is at 7,600 – 7,800 VND/kg; Japanese rice 7,800 – 8,000 VND/kg.

It was noted that in localities today, new purchase transactions were quite good, rice prices were relatively stable compared to yesterday. In the rice market, rice prices of all types today have not fluctuated, transactions are sporadic. IR 504 rice is still attracting customers.

Specifically, at market rice warehouses in An Cu and Cai Be (Tien Giang), the price of raw rice OM 18 is at 12,400 – 12,500 VND/kg; Taiwan fragrant rice 8 at 12,800 – 12,900 VND/kg; OM 5451 raw rice fluctuates around 11,900 – 12,000 VND/kg; OM 380 11,500 – 11,700 VND/kg; Japanese raw rice at 12,700 – 12,800 VND/kg; ST 21 raw rice at 14,000 – 14,100 VND/kg; ST 24 raw rice is at 14,500 – 14,700 VND/kg.

In Sa Dec (Dong Thap), the price of beautiful fragrant rice is 11,800 – 12,000 VND/kg; Beautiful OM 5451 rice fluctuates around 11,200 – 11,400 VND/kg; IR 504 rice at 11,000 – 11,200 VND/kg; OM 380 at 11,900 – 12,200 VND/kg; RVT at 12,500 – 12,900 VND/kg.

At retail markets, rice prices often fluctuate around 15,000 – 16,000 VND/kg; Nang Nhen rice 26,000 VND/kg; Jasmine rice 17,500 – 19,000 VND/kg; long-sliced pineapple 19,000 – 20,000 VND/kg; Huong jasmine rice 21,000 VND/kg; Taiwanese fragrant rice 20,000 VND/kg.

In the export market, Vietnam’s export rice price today increased slightly after a downward adjustment session. According to the Vietnam Food Association VFA, standard 5% broken rice is at 579 USD/ton; 25% broken rice increased by 2 USD/ton to 557 USD/ton. Particularly, 100% broken rice is stable at 478 USD/ton.