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Vietnamese long-grain fragrant 5% rice rose to $499/mt FOB on October 30, a more than two-month high. Philippine buyers are buying in advance of expected SPS import permits, while Pakistani white rice prices weakened.
Renewed Philippine import demand tightens Asian export supplies and lifts FOB benchmarks, but uncertainty over when the permits will be issued limits how firm the rally can be.
spglobal.comAyushi Baloni, Chirag AggarwalOct 30, 2026After 189 past bullish trade events, Rough Rice moved a median +0.2% over 5 sessions (52% higher; middle half -1.7% to +2.4%), and +1.0% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
