Rice price today January 7, 2025: Rice prices plummet, rice prices remain stable

Rice price today 1 7 2025 Rice price plummets, rice price remains stable — Rice price today January 7, 2025: Rice prices plummet, rice prices remain stable

Rice price today January 7, 2025 in domestic market

In the morning trading session on July 1, raw rice prices in the Mekong Delta did not change significantly. specifically, IR 504 rice prices ranged from VND8,100 to VND8,200 per kg; CL 555 rice prices range from VND8,300 to VND8,400 per kg; OM 380 rice remained at VND7,850 to VND7,900 per kg; and OM 5451 rice prices ranged from VND9,000 to VND9,150 per kg.

At traditional markets, retail rice prices have not fluctuated. Regular rice is currently priced at VND13,000 to VND14,000 per kilogram; Thai fragrant rice is traded at VND20,000 to VND22,000 per kilogram; Huong Lai is listed at VND22,000 per kilogram; while Nang Nhen rice remains at its highest price of VND28,000 per kilogram.

RICE VARIETIES	PRICE (VND/kg)	Increase/decrease (VND)
Miss Nhen	28,000
Regular rice	13,000 – 15,000
Fragrant rice	17,000 – 22,000
Jasmine fragrant rice	17,000 – 18,000
Rice Flower	21,000
Regular rice	13,000 – 14,000
Long grain fragrant rice	18,000 – 20,000
Jasmine Rice	22,000
fragrant rice	20,000
Japanese rice	22,000
Regular Squirrel Rice	17,500
Raw rice OM 380	7,850 – 7,900
Raw rice CL 555	8,300 – 8,400
Finished rice IR 504	7,600 – 7,800
Raw rice IR 5451	7,900 – 8,000
Raw rice OM 5451	9,450 – 9,550
Raw rice IR 504	8,100 – 8,200
Raw rice OM 18	10,200 – 10,400

The glutinous rice segment is currently maintaining stable prices. specifically, the purchase price of fresh IR 4625 glutinous rice fluctuates between 7,300 and 7,500 VND/kg; dried IR 4625 glutinous rice costs between 9,500 and 9,700 VND/kg; while 3-month dried glutinous rice also remains at 9,600 to 9,700 VND/kg.

RICE VARIETIES	PRICE (VND/kg)	Increase/decrease (VND)
IR 4625 Glutinous Rice (Dry)	9,500 – 9,700
3 month old sticky rice (dry)	9,600 – 9,700
IR 4625 Glutinous Rice (Fresh)	7,300 – 7,500

Prices of rice by-products today, July 1

The prices of by-products have not changed compared to yesterday. Specifically, the price of bran is currently fluctuating between 8,100 and 8,250 VND/kg. The price of broken rice remains unchanged at 7,200 to 7,400 VND/kg, while the price of rice husk is currently at 1,000 to 1,150 VND/kg.

By-products	Price (VND/kg)	Increase/decrease (VND)
Bran	8,100 – 8,250
OM 5451 plate	7,200 – 7,400
Rice husk	1,000 – 1,150

Domestic rice price on July 1, 2025

According to information from the Department of Agriculture and Environment of An Giang province, rice prices have decreased compared to the previous day. Specifically, the price of Dai Thom 8 rice (fresh) decreased by 300 VND/kg, currently fluctuating between 5,500 - 5,600 VND/kg. The price of OM 18 rice (fresh) also decreased by 300 VND/kg, to 5,600 - 5,800 VND/kg. OM 5451 rice recorded a decrease of 200 VND/kg, currently priced at 5,500 - 5,700 VND/kg, while IR 50404 rice decreased by 200 VND/kg, down to 5,100 - 5,300 VND/kg.

RICE VARIETIES	PRICE (VND/kg)	Increase/decrease (VND)
IR 50404 rice (fresh)	5,100 – 5,300	-200
Rice OM 5461	5,900 – 6,000
Fragrant Rice 8 (fresh)	5,500 – 5,600	-300
OM 18 rice (fresh)	5,600 – 5,800	-300
OM 380 rice (fresh)	5,300 – 5,600
Japanese rice	7,800 – 8,000
Nang Nhen Rice (dry)	20,000
Rice Flower 9	6,550 – 6,750
Rice OM 5451	5,500 – 5,700	-200

Rice price today January 7, 2025 in export market

According to information from the Vietnam Food Association (VFA), Vietnam's rice export prices today remain unchanged from the previous day. specifically, the price of 25% broken rice is currently at 358 USD/ton; 100% broken rice fluctuates around 317 USD/ton; while 5% broken rice remains at 383 USD/ton, unchanged from the end of last week.

In contrast, 5% broken rice from Thailand and Pakistan is being offered at a higher price of $388 per tonne. In India, the world's largest rice exporter, 5% broken rice is currently at $380 per tonne, the lowest on the market.

India's rice stocks are now at their highest in more than 20 years, accounting for more than 10% of annual global production. With a record crop coming, the country is facing the risk of “overstocking” – a paradox where production gains are the biggest challenge for the food sector.

According to the Food Corporation of India (FCI), stocks in June reached nearly 39 million tonnes, of which more than 32 million tonnes were unmilled paddy, equivalent to about 23 million tonnes of milled rice. Public warehouses are overflowing, and the government is concerned that rice will have to be stored outdoors, facing the risk of spoilage due to humidity and rain.

Positive weather forecasts are adding to the pressure. Thanks to an early monsoon, rice plantings in India were up 58% as of June 20 compared to the same period last year. The FAO predicts that the 2025–26 crop is likely to break another record, putting further pressure on already tight storage facilities.

Meanwhile, global rice prices are trending downward. India's recent easing of export restrictions has caused Thai rice prices—the regional benchmark—to fall nearly 40 percent from their peak earlier this year. But the surplus is still struggling to be absorbed, as global demand shows signs of slowing and competition from other exporting countries increases.

The Indian government is trying to address the surplus through welfare programs and temporary measures, such as diverting 2.4 million tonnes of rice to ethanol production. However, these are short-term measures and are not enough to completely address the supply-demand imbalance.

Experts from the FAO warn that India has a major influence on the global rice market, but the pressure from inventories will continue to persist if the country does not soon adjust its purchasing, storage and distribution policies, towards a more sustainable food system.

Source: https://baodanang.vn/gia-lua-gao-hom-nay-1-7-2025-gia-lua-dong-loat-lao-doc-gao-van-binh-chan-nhu-vai-3264592.html