Paddy prices rise as winter-spring crop ready for harvest

Domestic paddy prices have increased by 12 per cent as the winter-spring crop in the Cửu Long (Mekong) Delta is ready to be harvested. In An Giang Province, fresh paddy IR50404 is being sold at VNĐ4,500-4,600 per kilo, high-quality paddy VNĐ4,700-4,800, and dried high-quality paddy VNĐ5,650-5,800. Meanwhile, fragrant Jasmine paddy is priced at VNĐ5,300-5,400 per kilo, a rise of VNĐ50-100. In Cần Thơ City, fresh paddy IR50404 is being sold for about VNĐ4,400-4,500 per kilo, and Jasmine paddy at VNĐ5,400-5,500, an increase of VNĐ150-200 compared to the price before Tết (Lunar New Year), and an increase of VNĐ200-500 per kilo compared to the same period last year. 

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