Rice prices on December 14, 2024: Slight overall decrease

Rice prices on December 14 domestically

The rice market on December 14 shows a slight decline for both rice and paddy.

Paddy prices today (December 14) decreased by VND 200-300, with slow trading and low buying demand.

• Sticky rice IR 4625 (fresh) is priced at VND 8,100 - 8,200; 3-month sticky rice (fresh) is at VND 8,100 - 8,300.
• IR 50404 paddy is around VND 7,600 - 7,800 (down VND 200); Dai Thom 8 paddy is steady at VND 9,100 - 9,200 (down VND 200).
• OM 5451 paddy trades at VND 8,600 - 8,800; OM 18 is priced at VND 9,000 - 9,100 (down VND 300).
• OM 380 paddy remains around VND 7,200; Japanese paddy is at VND 7,800 - 8,000.
• Nang Nhen (dry) paddy is priced at VND 20,000; Nang Hoa 9 is at VND 9,200 - 9,400.

Similarly, rice prices today (December 14) also show a slight decline of VND 100-200, with limited supply.

In Sa Dec and Lap Vo (Dong Thap), rice supply is low, with large warehouses either slowing down or halting purchases. At the Sa Dec market channel, warehouses are buying sporadically, while rice prices across categories remain stable.

In An Cu (Cai Be, Tien Giang), supply is moderate, and sticky rice prices are down by VND 100 compared to yesterday, with most rice showing weaker quality and fewer high-grade options.

• IR 504 Summer-Autumn raw rice is priced at VND 9,900 - 10,050 (down VND 200); finished IR 504 rice is at VND 12,100 - 12,300 (down VND 100).
• Sticky rice core prices range from VND 18,000 - 22,000; standard rice is priced at VND 17,000 - 18,000; Nang Nhen rice is at VND 28,000.
• Long-grain fragrant Thai rice is at VND 20,000 - 22,000; Jasmine fragrant rice is at VND 17,000 - 18,000; Huong Lai rice remains steady at VND 22,000.
• Common white rice is purchased at VND 17,500; Nang Hoa rice is priced at VND 21,500; Soc ordinary rice remains at VND 18,500; Soc Thai rice is at VND 21,000.
• Fragrant Taiwanese rice is priced at VND 21,000, while Japanese rice is at VND 22,500.
• OM 5451 broken rice is at VND 9,000 - 9,100; dried bran is priced at VND 5,750 - 5,850 (down VND 150).

On the export market, 100% broken rice is priced at $ 405/ton; 5% broken standard rice is purchased at $ 509/ton. Meanwhile, 25% broken rice is at $ 477/ton.

Thus, rice prices today, December 14, 2024, have slightly decreased compared to yesterday.

$ 1 = VND 25.147 - Source: Vietcombank.