Rice price today August 12: Raw rice price increases

Rice prices today are relatively stable, with slow trading. Export rice prices remain at $395/ton (5% broken), but there is downward pressure due to increased supply from India.

Domestic rice price

In the Mekong Delta, rice prices are stable: IR 50404, OM 18, Nang Hoa 9, Dai Thom 8 5,700 - 6,200 VND/kg; OM 5451 5,900 - 6,000 VND/kg. Raw rice OM 380 increased by 100 VND/kg to 8,300 - 8,400 VND/kg, CL 555 increased by 150 VND/kg to 8,800 - 8,900 VND/kg, OM 5451 9,500 - 9,650 VND/kg, IR 504 8,500 - 8,600 VND/kg, OM 18 9,600 - 9,700 VND/kg.

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

Retail price of rice remains unchanged: Nang Nhen 28,000 VND/kg, Huong Lai 22,000 VND/kg, regular rice 13,000 - 14,000 VND/kg, Thai fragrant rice 20,000 - 22,000 VND/kg.

RICE VARIETIES	PRICE (VND/kg)	Increase/decrease (VND)
Miss Nhen	28,000
Regular rice	14,000 – 15,000
Fragrant rice	17,000 – 22,000
Jasmine fragrant rice	17,000 – 18,000
Nang Hoa Rice	21,000
Regular rice	13,000 – 14,000
Long grain fragrant rice	18,000 – 20,000
Jasmine Rice	22,000
Taiwanese fragrant rice	20,000
Japanese rice	22,000
Regular Squirrel Rice	17,500
Raw rice OM 380	7,950 – 8,050
Raw rice CL 555	8,600 – 8,750
Raw rice OM 5451	9,500 – 9,650
Raw rice IR 504	8,200 – 8,300
Raw rice OM 18	9,600 – 9,700

By-products

Price of dry bran 6,600 - 6,700 VND/kg, fragrant rice bran OM 5451 7,400 - 7,500 VND/kg, rice husk 1,000 - 1,150 VND/kg, stable.

Item	PRICE (VND/kg)	Increase/decrease (VND)
Fragrant plate	7,400 – 7,500
Bran	6,600 – 6,700
Rice husk	1,000 – 1,150

Trading market

Low supply of rice at the end of the crop, slow transactions in An Giang, Dong Thap, Ca Mau, Can Tho, Long An . Traders buy sparingly, farmers keep prices high, market is stable.

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

Export rice price

Vietnam's rice export prices are stable: 5% broken rice is 395 USD/ton, 25% broken rice is 371 USD/ton, 100% broken rice is 339 USD/ton, surpassing Thailand (370 USD/ton). India reduced the price of 5% broken rice to 360 - 368 USD/ton due to weak rupee and excess supply. US import tax increased by 50% from August 28 and India released 7 million tons of rice, causing downward pressure on prices.

Source: https://baodanang.vn/gia-lua-gao-hom-nay-12-8-gao-nguyen-lieu-nhich-gia-3299186.html