Vietnam: Domestic commodity market on December 4, 2023

Rice

Meat

Published Dec 5, 2023

Tridge summary

The rice prices in the Mekong Delta region on December 4 remained stable with slight adjustments upwards for certain varieties. The prices of all types of rice in An Giang province, including OM 5451, IR 504, and OM 18, remained stable. In the steel market, domestic prices continued to increase due to the rising cost of imported raw materials, such as coal and iron ore, with no signs of stopping the upward trend.

Overall, rice prices in An Giang province were stable, with some warehouses willing to buy at higher prices while others purchased more slowly. In Tien Giang, the rice supply was limited, leading to stable prices compared to the previous week. Retail market prices for rice varied, with Soc rice at 19,000 VND/kg and Nang Hoa 9 rice at 19,500 VND/kg.

On the export market, Vietnam's rice offerings remained stable and slightly increased due to limited domestic supply and high domestic prices. Meanwhile, in the domestic steel market, prices continued to rise due to increased costs of raw materials. Hoa Phat Steel, Viet Y, and Viet Duc Steel were among the companies that increased prices for their steel products.

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

Rice price today, December 4. Rice price today, December 4, in the Mekong Delta region continues to trend sideways with rice, while adjusting slightly upward for rice. Specifically, with rice, in An Giang province, updates from the Department of Agriculture and Rural Development of this province show that prices of all types of rice generally remain stable. Currently OM 5451 rice is at 9,000 - 9,200 VND/kg; IR 504 rice remains stable at 8,700 - 8,900 VND/kg; OM 18 rice is at 9,100 - 9,200 VND/kg; OM 18 rice is at 9,000 - 9,200 VND/kg; OM 380 fluctuates around 8,600 - 8,800 VND/kg; Dai Thom 8 rice fluctuates around 9,200 - 9,400 VND/kg; Flower 9 fluctuates around the mark of 9,100 - 9,200 VND/kg. Similarly, dried An Giang sticky rice is stable around 9,400 - 9,800 VND/kg; Dry Long An sticky rice is priced at 9,400 - 9,800 VND/kg. There are no changes in rice types today compared to yesterday. Accordingly, the price of OM 5451 Vietnamese raw rice continued to move sideways and ...

Source: Vinanet