Rice prices in Vietnam on December 23, 2024, remain stable

Published 2024년 12월 23일

Tridge summary

The article reports that Vietnam's rice market remained stable on December 23, 2024, with no changes in prices and slow new transactions in several areas due to the holiday season. The export price for different types of rice ranged from 405 USD/ton for 100% broken rice to 475 USD/ton for 25% broken rice. The USDA forecasts a record global rice output of 533.7 million tons in the 2024-2025 crop year, with a shift from a deficit to a surplus of 3.4 million tons. So far, Vietnam's rice exports have reached a record 8.45 million tons with a turnover of 5.3 billion USD, making rice the country's second most valuable agricultural export product, following vegetables and fruits, with an expected total export value of 5.6 - 5.8 billion USD for the year 2024.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Domestic rice prices today, December 23 The rice market on December 23 remained stable for both rice and paddy. There were no new changes in rice prices today (December 23). In many localities, new transactions were slow, prices were stable. In An Giang, new transactions were weak, traders asked to buy few. In Bac Lieu, new rice transactions were sporadic, not many purchases were made. In Dong Thap, farmers offered to sell early winter-spring rice, traders asked to buy few. Similarly, rice prices today (December 23) also remained stable, with sporadic volumes and slow warehouse purchases. In Sa Dec (Dong Thap), raw rice of all kinds was good and prices were stable. For the market channel, the volume was small, most large warehouses were still slow to buy. In Lap Vo (Dong Thap), the volume was small, prices of all kinds were stable, new purchases were slow. Meanwhile, in An Cu (Cai Be, Tien Giang), the volume is still low, the price is slightly increased for good rice. Latest ...
Source: Agriculture

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