According to the Vietnam Food Association, although the price of rice in the domestic market decreased due to abundant supply, in the world market, the export price of white rice continued to be stable. Currently, 5% broken rice is still offered for sale at $488-492/ton; 25% broken rice 463-467 USD/ton; 100% rice price 418-422 USD/ton; Jasmine 563-567 USD/ton.

Giá gạo xuất khẩu của Việt Nam tăng trong năm 2020
Compared with the world's asking price, Vietnam's export rice price continues to be at the highest level in the world, of which 5% broken rice is about $100/ton higher than Indian rice and higher than Burmese rice. 70 USD/ton, 45 USD/ton higher than Pakistani rice, 33 USD/ton higher than Thai rice…

 

"The same type of rice 5% broken, but need to see what kind of rice variety. Vietnam's rice price is high but still attractive to consumers in other countries because of its good quality" - Mr. Ly Thai Hung - Director of Co., Ltd. Hung Cuc said.

Although export prices are stable, the price of summer-autumn rice is on a downward trend due to abundant supply. Mr. Pham Thai Binh - General Director of Trung An High-Tech Agriculture Joint Stock Company - information: The summer-autumn crop in the Mekong Delta is at harvest time, so the rice price is selling at an average of 5,500 VND//day. kg of fresh rice in the field.

 

Mr. Binh also said that it is likely that rice prices will continue to decrease when the harvest season is in full swing, because according to the harvest schedule, the summer-autumn crop will be harvested around the end of this June, lasting until the end of July 2021. In places where sowing is late, it may not be until August to harvest. Currently, although the price of summer-autumn rice crop has decreased by about 1,000 VND compared to the previous crop, this is also a good price for farmers.

 

"Despite the decrease in rice prices, farmers still benefit from the fact that Vietnamese enterprises sign to sell rice at the highest prices," said Mr. Pham Thai Binh.

After a consecutive week of decline, on June 7, the price of rice temporarily stopped falling. In An Giang, the price of rice OM 9577, OM 9582 is 6,050 VND/kg; OM 6976: 6,000 - 6,150 VND/kg; Japanese rice: 7,500 - 7,600 VND/kg; IR 50404 price 6,100 - 6,300 VND/kg; Hoa 9 rice is priced at 6,400-6,400 VND/kg; Aroma 8 costs 6,400-6,500 VND/kg; OM 5451 price 6,100-6,300 VND/kg; OM 18 price 6,100-6,300 VND/kg...

 

Abundant supply from the summer-autumn crop has pulled domestic rice prices down from 400-800 VND/kg. According to the listed price list, the price of TP IR 504 rice in the new crop has decreased the most by 800 dong/kg, currently being sold at 9,100 dong/kg, broken rice of the same type is down 400 dong, sold at 7,900-8,000 dong/ kg...

 

Source: Vu Long/ Lao Dong Newspaper/ laodong.vn

News relationship

Many agricultural products have increased in price, people are excited
Many agricultural products have increased in price, people are excited
😃 After a difficult time of output, now many agricultural products in Tien Giang province have begun to increase in price, facilitate trade, and farmers are excited because they are profitable.
Coffee prices continuously broke records, exceeding the mark of 90,000 VND/kg
Coffee prices continuously broke records, exceeding the mark of 90,000 VND/kg
Coffee price today March 11 is in the range of 89,800 - 90,800 VND/kg. Coffee prices have increased continuously since the beginning of the year until now with an increase of about 50% and compared…
The price of coffee in the Central Highlands on June 9, 2021 dropped sharply again to 600,000 VND/ton
The price of coffee in the Central Highlands on June 9, 2021 dropped sharply again to 600,000 VND/ton
Today (June 9, 2021) coffee prices in Vietnam market and world coffee prices on London and New York bourses (June 8) both fell sharply. The price of Robusta coffee on the London floor for the…
Prices of many fertilizers have increased in the world market
Prices of many fertilizers have increased in the world market
In the past few months, the price of many fertilizers in the world has increased sharply compared to the beginning of 2020. Thereby, significantly affecting fertilizer prices in Vietnam.
Will fertilizer prices drop in mid-June?
Will fertilizer prices drop in mid-June?
According to the Ministry of Agriculture and Rural Development, the domestic fertilizer supply will be more abundant when the factories resume operation in mid-June. Therefore, the possibility that urea prices will cool down if the…
Agricultural market last week: Rice prices stabilized, coffee dropped
Agricultural market last week: Rice prices stabilized, coffee dropped
In the past week, while the price of rice in the Mekong Delta tended to be stable, coffee products ended an uptrend and turned down slightly. The price of domestic coffee is around 34,000 VND/kg.
Unreasonable increase in fertilizer prices?
Unreasonable increase in fertilizer prices?
TTO - Fertilizer factories said that although they were less dependent on foreign raw materials, they still had to increase prices because of rising world prices.
DON'T LET FARMERS LEAVE THEIR FIELDS BECAUSE OF FERTILIZER PRICES
DON'T LET FARMERS LEAVE THEIR FIELDS BECAUSE OF FERTILIZER PRICES
📈 From the end of March 2021, the price of inorganic fertilizers of all kinds has increased. Domestic fertilizer prices also increased with the increase of world fertilizers, especially fertilizers that could not be produced…
A sharp drop in agricultural prices makes it difficult for farmers
A sharp drop in agricultural prices makes it difficult for farmers
📉 In recent days, people growing dragon fruits in Chau Thanh district, Long An province are in trouble because of the low price of the fruit, even if there are no traders to buy it,…
'Linking will help farmers reduce losses under unusual circumstances'
'Linking will help farmers reduce losses under unusual circumstances'
🤝 Minister of Agriculture and Rural Development Le Minh Hoan answered VnExpress about the chain of production, consumption and transportation of agricultural products during Covid-19.