Rice prices in Vietnam on August 13, 2024, continue to increase

Published 2024년 8월 13일

Tridge summary

The article reports a slight increase in rice prices in the Mekong Delta region on August 13, due to high demand and low supply. Prices vary depending on the type of rice. The rise in domestic rice prices, however, contrasts with a decrease in export prices, potentially leading to losses for businesses. The article also highlights challenges such as high transportation costs, corruption allegations in rice imports, and the impact of El Nino on supply. The Food and Agriculture Organization forecasts that 30.4% of the world's population may not ensure food security, which could lead to further increases in rice prices.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Domestic rice prices today, August 13 The rice market on August 13 in the Mekong Delta region increased slightly in some rice products. Specifically, today's rice prices are high, the supply is low, and the demand for buying is quite high. In Can Tho, the demand for buying rice is quite high, the price has increased slightly. In Long An, rice transactions are relatively high, the price has increased slightly. In Long An, rice prices are stable, with relatively high transactions; while the demand for buying in Soc Trang is stable. Currently, the price of An Giang sticky rice (fresh) is at 7,000 - 7,200 VND/kg; Long An sticky rice (fresh) is at 7,400 - 7,600 VND/kg. Meanwhile, the price of Long An sticky rice (dried) is at 7,000 - 7,900 VND/kg; IR 4625 sticky rice (fresh) is around 7,500 - 7,800 VND/kg. IR 50404 rice is still around 6,900 - 7,000 VND/kg; Dai Thom 8 rice is still at 7,400 - 7,600 VND/kg. OM 5451 rice is still at 7,000 - 7,200 VND/kg; OM 18 rice is at 7,650 - 7,800 ...

Source: Agriculture