Vietnam: Domestic rice market on March 27, raw rice tends to increase

Published 2023년 3월 27일

Tridge summary

The article provides an overview of the current rice market in the Mekong Delta of Vietnam, highlighting the stable or slightly increasing prices for raw and finished rice products, with a range of 9,150 VND/kg to 10,150 VND/kg. By-product prices also remain stable. The article also notes that retail prices for various types of rice in Vietnam are significantly higher, ranging from 11,500 VND/kg to 20,000 VND/kg. In international markets, the price for 5% broken rice from Vietnam and Thailand remains unchanged at 450 USD/ton and 465 USD/ton, respectively. However, Indian rice prices have seen a decline, dropping by about $20/ton in the past month due to reduced demand and expectations of further price drops.

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

Original content

Currently, the price of raw rice has increased to 9,100 -9,150 VND/kg; finished rice to 10,050 -10,150 VND/kg. Same goes for by-products. Currently, plate prices are at 9,000-9,100 VND/kg; dry bran at 7,700 – 7,900 VND/kg. Rice prices today 27/3 in the Mekong Delta continue to trend sideways. Many localities entered the peak of winter-spring rice harvest, exciting new rice transactions. Currently, the price of raw rice and finished products is 9,150 VND/kg; finished rice 10,100 VND/kg. With by-products, by-product prices remained stable. Currently, the price of dried bran is at 7,700 VND/kg, the broken price is at 9,000 VND/kg. With rice, the price of rice continued to trend sideways. Specifically, at An Giang warehouse, Dai Thong 8 is being purchased by traders in the field at 6,700 - 6,900 VND/kg; IR 504 rice at 6,400 – 6,600 VND/kg; Long An fresh sticky rice 6,600 – 6,800 VND/kg; OM 18 rice at 6,600 – 6,800 VND/kg; OM 5451 rice 6,400 – 6,600 VND/kg; Miss Hoa 9 6,800 – 7,100 ...

Source: Vinanet