In the Ho Chi Minh City market, the price of ST25 rice has been adjusted up. At Phuong Nam rice stores - the official distributor of genuine ST25 Ong Cua rice in Ho Chi Minh City, a 5kg bag of regular ST25 rice costs 200,000 VND (equivalent to 40,000 VND/kg) and a 5kg bag of ST25 shrimp rice costs 215,000 VND (equivalent to 43,000 VND/kg).
According to Mr. Dinh Quang Thanh - Sales Director of Phuong Nam Food Joint Stock Company, on average, the company is only allowed to take a maximum of 7 tons of ST25 Ong Cua rice per day. Previously, the store took up to 9 tons per day to meet the demand. Due to limited supply, businesses have limited wholesale orders. This is a common fluctuation in the market, ST25 rice is in a fever everywhere.
Rice dealers in traditional markets also confirmed that the price of ST25 rice has increased since the beginning of September. However, despite the increase, dealers cannot import much due to lack of supply. Some other types of rice have increased by VND2,000-3,000/kg.
“The price of ST25 rice increased by 3,000-5,000 VND/kg, this is a rare price increase for this type of rice. Previously, the market fluctuated with many types of rice increasing by 5,000-10,000 VND/kg, but the price of ST25 rice remained stable,” said Ms. Nguyen Thuy Linh, owner of a rice store in Binh Chanh district.
At many supermarket systems, ST25 rice products of many brands are priced at 42,000 - 44,000 VND/kg.
