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Export rice prices reverse to decrease by 10 USD/ton

Báo An ninh Thủ đôBáo An ninh Thủ đô07/09/2023


ANTD.VN - At the end of the trading session on September 6, export rice prices from major suppliers including Vietnam and Thailand both slightly decreased.

Giá gạo xuất khẩu và trong nước đều ngưng đà tăng ảnh 1

Both domestic and export rice prices have stopped increasing.

According to the Vietnam Food Association (VFA), at the end of the trading session on September 6, the price of 5% broken rice in Vietnam has decreased to 633 USD/ton (down 10 USD/ton compared to the previous trading session); 25% broken rice has also been adjusted down accordingly to 618 USD/ton.

Similarly, the price of 5% broken rice from Thailand decreased slightly by 5 USD/ton to 628 USD/ton. In particular, the price of 25% broken rice from this country increased by 7 USD/ton to 575 USD/ton.

The rice export market has a "tug of war" between sellers and buyers to achieve better prices.

Domestically, rice prices have stagnated in the last 2-3 sessions. At An Giang warehouse, OM 5451 rice is priced at 7,800 - 8,100 VND/kg; Dai Thom 8 rice is stable at 8,000 - 8,200 VND/kg; OM 18 rice fluctuates around 8,000 - 8,200 VND/kg; Nang Hoa 9 is priced at 8,000 - 8,400 VND/kg; IR 50404 rice is stable at 7,800 - 8,000 VND/kg; Nhat rice is 7,800 - 8,000 VND/kg.

For sticky rice, fresh An Giang sticky rice is at 6,300 - 6,500 VND/kg; fresh Long An sticky rice fluctuates around 7,300 - 7,450 VND/kg.

Regarding rice, today's rice prices fluctuated in opposite directions with a slight increase in raw rice. Meanwhile, the price of finished rice decreased compared to yesterday. Specifically, IR 504 raw rice fluctuated around 11,750 - 11,850 VND/kg, an increase of 50 VND/kg; IR 504 finished rice decreased by 100 VND/kg to 13,900 - 14,000 VND/kg.

As for by-products, prices have not fluctuated. Accordingly, the price of IR 504 sheet is at 11,700 VND/kg; the price of dry bran is at 7,250 - 7,300 VND/kg.

According to the Ministry of Industry and Trade , in August, due to the influence of world prices, some commodities tended to increase in price such as: gasoline, LPG, domestic wholesale price of white sugar (in particular, domestic retail price of sugar remained stable at a high level).

Domestic rice prices have also increased quite sharply, especially raw rice for export. The price of paddy and ordinary rice is estimated to increase by about 500-1,500 VND/kg, depending on the type and locality.



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