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Tuesday- 14:52, 14/01/2025

Rice prices on January 14, 2025: Rice continues to decline

(VAN) Rice prices on January 14, 2025, continue to decline for rice products, while paddy prices remain unchanged. Vietnam's rice export prices hold steady.
Latest rice prices update for January 14, 2025

Latest rice prices update for January 14, 2025

Rice prices on January 14 domestically

The rice market on January 14 saw a slight decrease in rice prices, while paddy prices remained stable.

The paddy price today (January 14) has shown little change. In many regions, transactions have slowed down due to the continuous fluctuation of rice prices.

  • Sticky rice IR 4625 (fresh) is priced at VND 8,100 - VND 8,200/kg; the price of fresh 3-month-old sticky rice is currently VND 8,100 - VND 8,300/kg.
  • Paddy IR 50404 is priced around VND 7,200 - VND 7,300/kg; Dai Thom 8 paddy is holding at VND 7,600 - VND 7,800/kg.
  • OM 5451 paddy is being traded at VND 7,400 - VND 7,600/kg; OM 18 paddy has a price range of VND 7,600 - VND 7,800/kg.
  • OM 380 paddy remains at VND 6,600 - VND 6,700/kg; Japanese paddy is holding steady at VND 7,800 - VND 8,000/kg.
  • Nang Nhen (dry) paddy is being traded at VND 20,000/kg; Nang Hoa 9 paddy has a price of VND 9,200/kg.

The rice prices today (January 14) is slightly down, and new transactions continue to slow, with many warehouses closing early for Tet.

  • The price of IR 504 Summer Autumn raw rice is VND 7,650 - VND 7,750/kg (down by VND 250); IR 504 milled rice is priced at VND 9,500 - VND 9,700/kg (down by VND 200).
  • Sticky rice is priced at VND 18,000 - VND 22,000/kg; regular rice is at VND 16,000 - VND 17,000/kg; Nang Nhen rice is priced at VND 28,000/kg.
  • Fragrant Thai long-grain rice is priced at VND 20,000 - VND 22,000/kg; Jasmine rice is at VND 17,000 - VND 18,000/kg; Huong Lai rice remains at VND 22,000/kg.
  • Common white rice is being bought at VND 17,500/kg; Nang Hoa rice is priced at VND 21,500/kg; Soc rice typically remains at VND 18,500/kg; Soc Thai rice is at VND 21,000/kg.
  • Taiwanese fragrant rice is priced at VND 21,000/kg; Japanese rice is stable at VND 22,500/kg.
  • The price of OM 5451 broken rice is VND 7,100 - VND 7,200/kg (down by VND 100), while dried rice bran is priced at VND 5,750 - VND 5,850/kg.

On the export market, Vietnamese rice prices have shown no new fluctuations. Specifically, the price of 100% broken rice is at $ 326/ton; 5% broken rice is being purchased at $ 434/ton; while 25% broken rice is priced at $ 409/ton.

Thus, rice prices today, January 14, 2025, are moving in mixed directions compared to yesterday.

$ 1 = VND 25.173 - Source: Vietcombank.

Author: Bang Nghiem

Translated by Hoang Duy

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