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Thursday- 11:01, 12/12/2024

Rice prices on December 12, 2024: The market shows little change

(VAN) Rice prices on December 12, 2024, remain largely stable for both paddy and rice. For exports, there are no new changes in the price of Vietnamese rice.
Latest rice and paddy prices update on December 12, 2024

Latest rice and paddy prices update on December 12, 2024

Rice prices on December 12 domestically

The rice and paddy markets on December 12 showed little movement for both rice and paddy.

The price of paddy remained stable today.

  • Long An 3-month (dry) glutinous rice is priced at VND 9,800 - 10,000/kg; Long An IR 4625 (dry) glutinous rice is priced at VND 9,600 - 9,800/kg;
  • IR 50404 paddy is trading at VND 7,800 - 8,000/kg; Dai Thom 8 paddy is priced at VND 9,200 - 9,400/kg;
  • OM 5451 paddy is trading at VND 8,600 - 8,800/kg; OM 18 paddy is priced at VND 9,200 - 9,400/kg;
  • OM 380 paddy is priced at VND 7,200/kg; Nhat paddy is holding at VND 7,800 - 8,000/kg;
  • Nang Nhen (dry) paddy is trading at VND 20,000/kg; Nang Hoa 9 paddy is priced at VND 9,200 - 9,400/kg.

Meanwhile, the rice prices today (December 12) showed little movement, with slow transactions and a light supply.

In Lap Vo (Dong Thap), rice arrivals are slow with decent quality, and the price of raw rice types has decreased slightly.

  • IR 504 Summer - Autumn raw rice is priced at VND 10,250 - 10,350/kg (up by VND 50); processed IR 504 rice is priced at VND 12,300 - 12,400/kg;
  • Glutinous rice is priced between VND 18,000 - 22,000/kg; regular rice is priced between VND 17,000 - 18,000/kg; Nang Nhen rice is priced at VND 28,000/kg.
  • Thai fragrant long-grain rice is priced between VND 20,000 - 22,000/kg; Jasmine fragrant rice is priced at VND 17,000 - 18,000/kg; Huong Lai rice is priced at VND 22,000/kg.
  • Regular white rice is purchased at VND 17,500/kg; Nang Hoa rice is priced at VND 21,500/kg; Soc rice is maintaining a price range of VND 18,000 - 18,500/kg, while Soc Thai rice is at VND 21,000/kg.
  • Taiwanese fragrant rice is priced at VND 21,000/kg; Japanese rice is holding steady at VND 22,000/kg.
  • OM 5451 broken rice is priced at VND 9,000 - 9,100/kg; dry bran is priced at VND 5,900 - 6,000/kg.

On the export market, the price of 100% broken rice is at $ 405/ton; standard 5% broken rice is purchased at $ 513/ton. The price of 25% broken rice is at $ 480/ton.

Thus, the price of rice and paddy today, December 12, 2024, showed little movement compared to yesterday.

$ 1 = VND 25.141 - Source: Vietcombank.

Author: Bang Nghiem

Translated by Hoang Duy

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