Rice price today 05/06/2023: Rice price continues to be stable

Rice price update on May 6, 2023: Rice prices continue to be stable. Today’s rice prices in the Mekong Delta continue to be stable, the market is trading stably. According to businesses, today the amount of raw rice is low, the price of all kinds of rice is stable. Long An sticky rice transactions are stable, the demand for broken sticky rice is slow. Many businesses assess that the world rice market is opening up, creating excitement in the rice granary of the West. In the last winter-spring rice crop, farmers in the West sold rice at 5,500-8,000 VND/kg, which is a stable price and the highest in the past 10 years. There are still more than 20 days left for farmers in the Mekong Delta to harvest early summer-autumn rice. However, in some localities, traders have deposited to buy rice. According to the Vietnam Food Association, the export price of 5% broken rice of Vietnam fluctuates around 483-487 USD/ton; 25% broken rice at $463/ton; Jasmine rice at $553-557/ton. #western_farmers #market_prices #rice_prices_today

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