May 19, 2025 | 08:56 GMT +7

  • Click to copy
Tuesday- 17:37, 01/10/2024

After Typhoon Yagi, rice prices in the North increased highly, making businesses difficult to purchase

(VAN) After Typhoon Yagi, the price of fresh rice reached VND 8,000–9,000/kg, equivalent to VND 13,000–14,000/kg for dry rice. Many Northern farmers did not sell but hoard it to eat and wait for higher prices.
Weighing fresh rice at the field bank. Photo: Van Dinh.

Weighing fresh rice at the field bank. Photo: Van Dinh.

The impact of Typhoon Yagi and the subsequent flood caused this crop in the North to seriously decrease in rice productivity in many localities. That's why all types of rice have record price increases compared to before. The common selling price for fresh rice is VND 8,000–9,000/kg. For quality varieties like Japanese rice J02, the price goes up to VND 10,000/kg. However, the psychology of many farmers is reluctant to sell.

Mr. Dang Huu Chinh, Director of Phu Nghia Agricultural Cooperative in Chau Can commune, Phu Xuyen district, Hanoi City, said that the unit recently planted 40 hectares of Dai Thom 8 rice under a contract with a business. To purchase the quantity according to the signed contract, the business had to increase the price to VND 9,000/kg of fresh rice purchased right at the bank, which is the highest record price ever.

Author: Van Dinh

Translated by Thu Huyen

Pepper prices on May 16, 2025: Slight fluctuations domestically

Pepper prices on May 16, 2025: Slight fluctuations domestically

(VAN) Pepper prices on May 16, 2025, fluctuated by VND 500–1,000 domestically, trading at VND 151,000 – 152,000/kg. Global pepper prices remained stable.

Coffee prices on May 16, 2025: Mixed movements

Coffee prices on May 16, 2025: Mixed movements

(VAN) Coffee prices on May 16, 2025, edged up by VND 200, trading around VND 125,900 – 126,200/kg. Meanwhile, global coffee prices are showing mixed movements.

Live pig prices on May 16, 2025: The market remains quiet

Live pig prices on May 16, 2025: The market remains quiet

(VAN) Live pig prices on May 16, 2025, continue to remain flat. Live pig prices across the 3 regions are trading in the range of VND 67,000 to VND 75,000/kg.

Coffee prices on May 15, 2025: Market drops sharply

Coffee prices on May 15, 2025: Market drops sharply

(VAN) Coffee prices on May 15, 2025, fell sharply by VND 2,500, trading at VND 125,700 – 126,200/kg. Global coffee prices also dropped significantly by 3%.

Pepper prices on May 15, 2025: Stable across local markets

Pepper prices on May 15, 2025: Stable across local markets

(VAN) Pepper prices on May 15, 2025, remain unchanged domestically, trading at VND 151,000 – 152,000/kg. Meanwhile, global pepper prices show mixed movements.

Rubber prices on May 15, 2025: Market sees a strong increase

Rubber prices on May 15, 2025: Market sees a strong increase

(VAN) Rubber prices on May 15, 2025, rise across global markets. Meanwhile, domestic latex prices remain steady, ranging from VND 397 to VND 462/TSC.

Coffee prices on May 13, 2025: Sharp drop across the board

Coffee prices on May 13, 2025: Sharp drop across the board

(VAN) Coffee prices on May 13, 2025 decreased by VND 1,200, trading around VND 125,500 – 126,000/kg. Global coffee prices also fell sharply.

Read more