# Asia rice: India rates fall on fewer buyers, Vietnam at peak harvest - Markets - Business Recorder

> India's 5% broken parboiled rice export prices fell to $385-$390 per tonne from $390-$395 as demand from key importers weakened. Vietnam's 5% broken rice was offered at $440-$445 per tonne, unchanged, as the winter-spring harvest peaked in the Mekong Delta. Thailand's 5% broken rice was quoted at $460 per tonne.

- Date: 2023-03-09 · published 2023-03-09T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/12650-asia-rice-india-rates-fall-on-fewer-buyers-vietnam-at-peak-harvest-markets
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Softer Indian export offers and heavy Vietnamese harvest supplies point to weaker near-term Asian rice export prices. Buyers can expect continued price pressure unless demand revives.

## Read by commodity

- RICE: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| RICE | 2023-03-09 | 5 | -7.1% | -3.1 | On 2023-03-09 Asian export quotes fell as India's parboiled rice slipped on weaker importer demand and Vietnam's harvest peaked, pointing to softer global rice demand and ample supply that likely weighed on US rough rice futures. |

## Sources

- brecorder.com: https://www.brecorder.com/news/40230476

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