# Vietnamese 5% white rice prices sink to over 20-month low due to weak demand

> Vietnamese 5% broken white rice fell to $472/mt FOB on Dec. 31, down $27 month over month and $168 year over year, the lowest since April 2023. Weak demand, expected higher supplies at the start of 2025 and competition from India and Pakistan drove the decline.

- Date: 2024-12-31 · published 2024-12-31T12:00:00.000Z
- Category: market · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/10453-vietnamese-5-white-rice-prices-sink-to-over-20-month-low-due-to-weak-demand
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Lower Asian rice export quotes weaken the global rice price floor and reduce the cost of rice-based feed ingredients, while Indonesia's planned import cuts add further pressure on Vietnamese prices.

## Read by commodity

- RICE: bearish ▼

## Sources

- spglobal.com: https://www.spglobal.com/commodity-insights/en/news-research/latest-news/agriculture/123124-vietnamese-5-white-rice-prices-sink-to-over-20-month-low-due-to-weak-demand

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.