Rice prices in Vietnam on December 12, 2024

Published Dec 12, 2024

Tridge summary

The rice market on December 12 saw little price fluctuation. High prices persisted due to a lack of new supplies and slow transactions. In several areas, demand for Autumn-Winter rice was low. Export prices for rice ranged from 405 USD/ton for 100% broken rice to 480 USD/ton for 25% broken rice. In 2024, Vietnam achieved significant rice export results, with a total volume and value reaching nearly 8.5 million tons and 5.31 billion USD, respectively, in the first 11 months. The average export price of rice in this period was 627.9 USD/ton, a significant increase from the previous year. The Ministry of Agriculture and Rural Development called on businesses to affirm the identity of their products, maintain quality, and build consumer trust to rebrand Vietnamese rice.

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

Original content

Domestic rice prices today, December 12 The rice market on December 12 fluctuated little in both rice and paddy. Rice prices today (December 12) remained stable. New rice supplies in many localities were not abundant, transactions were slow and prices remained high. In An Giang, demand for Autumn-Winter rice was slow, traders focused on taking pre-deposited rice, prices remained high. In Tra Vinh, rice was available evenly, prices were high, mainly market goods, traders bought new rice more slowly. In Long An, farmers offered to sell a lot of Autumn-Winter rice, few people bought. In Bac Lieu, the purchase price remained stable, demand was low. Meanwhile, rice prices today (December 12) fluctuated little, with small quantities arriving and slow transactions. In Sa Dec (Dong Thap), raw rice prices of all kinds decreased slightly. Meanwhile, Sa Dec market channel, small quantity, market warehouses buy all fragrant rice, prices of warehouses bought slightly decreased compared to ...

Source: Agriculture