Rice prices in Vietnam on December 5, 2024; export rice prices slightly decreased

Published 2024년 12월 5일

Tridge summary

The rice market in Vietnam remained stable on December 5, with high prices and limited supply contributing to a slow flow of transactions. The government of Vinh Phuc is planning to expand the cultivation area of wide-row and narrow-row rice, a method introduced by engineer Chu Van Tiep and Professor Tran Duy Quy, which has been shown to reduce seed and planting costs, increase yield by 10-15%, and control pests and diseases effectively. However, the export market saw a slight decrease in prices for certain rice types.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Domestic rice prices today, December 5 The rice market on December 5 remained stable in both rice and paddy. Today's rice prices (December 5) continued to hover at a high level, with few new transactions. In An Giang, rice supplies remained in some districts that sowed late, and demand for Autumn-Winter rice slowed down. In Bac Lieu, early Autumn-Winter rice purchases were not high due to high prices, and some traders offered lower prices for fragrant rice. Similarly, today's rice prices (December 5) did not have any new fluctuations, with little supply, and market warehouses buying slowly. In Sa Dec (Dong Thap), rice arrived slowly, most of the goods were left behind, and warehouses bought slowly. Raw rice prices of all kinds decreased slightly. In Lap Vo, there were occasional supplies from Soc Trang and Bac Lieu, and prices tended to decrease slightly. At Sa Dec market canal (Dong Thap), the amount of rice arriving is low, the market warehouse buys sporadically, the price of ...
Source: Agriculture

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