Agricultural product market in Vietnam; world rice prices continue to increase

Rice

Vietnam

Market & Price Trends

Published Nov 27, 2023

Tridge summary

Rice prices in An Giang province have experienced a mixed trend, with some varieties seeing an increase while others have decreased. Farmers in Tien Giang province have achieved high yields and profits in the Fall-Winter crop of 2023. The global rice market is experiencing price increases, particularly in India and Thailand, due to rising demand and limited supplies.

Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

In An Giang, according to updates from the Department of Agriculture and Rural Development of the province, prices of rice varieties such as Dai Thom 8 range from 9,200 - 9,400 VND/kg, an increase of 100 VND/kg; Hoa 9 price ranges from 9,200 - 9,300 VND/kg; IR 50404 from 8,700 - 8,900 VND/kg, down 100 VND/kg; OM 18 ranges from 9,100 - 9,200 VND/kg; Japanese rice from 7,800 - 8,000 VND/kg; OM 5451 from 9,000 - 9,200 VND/kg, increased 200 VND/kg. With sticky rice, dried An Giang sticky rice and dried Long An sticky rice both range from 9,400 - 9,800 VND/kg. For rice products on the retail market in An Giang, rice is usually priced from 15,500 - 16,500 VND/kg; long-grain fragrant rice from 19,000-20,000 VND/kg; Jasmine rice from 17,500 - 18,500 VND/kg; Common white rice 17,000 VND/kg, Nang Hoa rice 19,500 VND/kg... In the Fall-Winter crop of 2023, Tien Giang farmers have sown nearly 13,000 hectares, concentrated in districts and towns in the Go Cong freshwater region, in the East ...

Source: Vinanet