Rice price today 02/09/2023: OM 5451 price slightly decreased

rice price today 09.02.2023: OM 5451 price slightly decreased rice price today in the Mekong Delta slightly decreased with some items. In recent days, businesses have been increasing their purchases, causing rice prices to remain high. According to traders, there is a large supply of rice today, so people buy more. However, traders are suppressing prices. The winter-spring rice market has slowed down, rice prices remain high. In the world market, Vietnam’s export rice prices today remained unchanged after a downward adjustment session. Currently, the price of 5% broken rice is at 468 USD/ton; 25% broken rice remains at 448 USD/ton. In January 2023, Vietnam’s rice exports are estimated at about 400,000 tons with a value of about 203 million USD, down nearly 21% in volume and about 17.4% in value compared to the same period last year. Despite the decrease in exports, the domestic rice market is still quite vibrant. Compared to the time before Tet, rice in the Mekong Delta region is currently priced about 300-500 VND/kg higher, but about 50-100 VND/kg lower than about 2 days ago. Enterprises assess that the reason for this situation is that many enterprises are increasing purchases to fulfill signed orders. Meanwhile, the 2022-2023 winter-spring rice crop has not yet entered its peak harvest, and the limited supply to the market is also a factor that has caused the domestic rice price to increase. #rice_price #agriculture #fresh_rice_price #farmers #farming #farmers #ir50404 #Fresh_rice_husk #Long_An_sticky_rice #OM9577 #OM9582 #OM5451 #NangHoa9 #OM6976 #OM18 #Japanese_rice #Western_Farmers #Farmer_news #Market_prices

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