VHO – Rice prices on October 12, 2026 are forecast to remain stable, with other key commodities maintaining their prices as purchasing power remains cautious and supply has not yet caused significant fluctuations.

Báo Văn Hóa

The rice market entered October 12, 2026, with relatively stable developments. Prices of fresh paddy, raw rice, and export orders remain key factors that could determine market trends in the coming sessions.

Rice prices today, October 11, 2026: No new upward momentum yet.

VHO – Rice prices on October 11, 2026 are forecast to remain stable, with other key commodities maintaining their prices as purchasing power has not clearly increased and the market still lacks the momentum for a breakthrough.

Fresh rice prices remained stable on October 12, 2026.

In the Mekong Delta, the prices of major rice varieties are forecast to remain unchanged compared to October 11, 2026.

OM 18 and Dai Thom 8 both fluctuated between 6,200 and 6,300 VND/kg. OM 5451 maintained a price of 6,000 – 6,100 VND/kg, IR 50404 was at 5,900 – 6,000 VND/kg, and OM 34 continued to hold around 5,800 – 5,900 VND/kg.

Forecasted price list for fresh rice on October 12, 2026:

The fact that rice prices have remained stable over several trading sessions indicates that there is currently no significant imbalance between supply and demand. The supply of summer-autumn rice has decreased significantly, but the supply of autumn-winter rice is gradually replenishing the market.

On the buying side, traders and factories remain quite cautious. Until strong buying demand emerges, rice prices are likely to continue fluctuating within the current range.

There are no new signs of price increases for raw rice.

The price of raw rice is also forecast to remain stable on October 12, 2026.

CL 555 maintained a price of 8,700 – 8,750 VND/kg, while IR 504 fluctuated between 8,650 – 8,750 VND/kg.

OM 5451 continues to be priced at 9,300 – 9,400 VND/kg, OM 18 maintains at 8,700 – 8,850 VND/kg, and Dai Thom 8 keeps at 9,200 – 9,400 VND/kg.

Forecasted raw rice prices as of October 12, 2026:

Following previous corrections, CL 555 and IR 504 are now showing signs of stabilizing. This indicates that downward pressure has eased, but buying power is not yet strong enough to trigger a new rally.

In the short term, the likelihood of raw rice prices increasing will depend primarily on factory demand and the progress of export orders.

Retail rice prices remain stable.

The retail market is expected to experience little volatility.

Regular rice continues to fluctuate between 14,000 and 15,000 VND/kg, Jasmine rice is at 16,500 to 17,500 VND/kg, and common white rice is around 16,000 VND/kg.

Fragrant rice and Jasmine rice varieties are likely to maintain better prices than common rice varieties due to their quality advantages. However, for a significant price increase to occur, the market needs more actual demand or new orders.

Why is the market continuing to trade sideways?

The rice market is currently being affected by both supply and demand simultaneously.

The shrinking summer-autumn rice supply helps to limit selling pressure, but the autumn-winter rice crop is gradually replenishing the supply. This prevents a significant shortage, thereby limiting the possibility of a sharp price increase.

In terms of raw rice, purchasing power from mills remains cautious. Businesses tend to buy according to actual needs rather than increasing stockpiles.

The export market has not yet generated strong enough signals to push domestic raw material prices up. With intense price competition among exporting countries, businesses are forced to carefully balance procurement prices, transportation costs, and selling prices.

Rice price forecast for October 12, 2026

The most likely scenario for October 12, 2026 is that the market will continue to trade sideways.

In the fresh rice group, OM 18 and Dai Thom 8 are likely to maintain the price range of 6,200 – 6,300 VND/kg. OM 5451, IR 50404, and OM 34 also have not yet shown clear signs of creating a new upward trend.

In the raw rice group, CL 555 and IR 504 are forecast to remain stable after previous declines. OM 5451, OM 18, and Dai Thom 8 are likely to maintain their current levels.

Fragrant rice and Jasmine rice continue to be the more noteworthy segment due to their ability to hold their prices well. If export or domestic demand improves, this could be the first group to react in terms of price.

However, given the generally cautious purchasing power, the likelihood of a widespread and sharp market rally remains low.

Factors to watch in the coming sessions include the supply of autumn-winter rice, factory purchasing power, new export orders, and price fluctuations from competing countries.

Unless these factors change significantly, rice prices are likely to continue fluctuating within a narrow range.

Source: Báo Văn Hóa

Published Date: October 12, 2026