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Rice prices fluctuate in opposite directions

TQO - Rice prices fluctuated in opposite directions when adjusted up with sticky rice, IR 504 and OM 5451 rice, but decreased with Dai Thom 8 rice, and OM 18 rice.

The reason was due to Supply has decreased while demand for these types of rice remains high.

For rice products, the price of raw rice and finished products increased sharply last week with an increase of VND200 - VND350 per kg.

At retail markets, the price of Nang Nhen rice fluctuates around VND26,000 per kg; Jasmine rice is stable at VND16,000 - VND18,500 per kg, etc.

Thanh Thanh

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