# Vietnam fragrant rice rallies as Philippine demand returns | S&P Global

> 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.

- Date: 2026-10-30 · published 2026-11-01T17:11:15.195Z
- Category: trade · region Vietnam · magnitude medium
- Page: https://feedsoft.ai/events/17168-vietnam-fragrant-rice-rallies-as-philippine-demand-returns-s-and-p-global
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

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.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2026-04-07 | [Vietnam fragrant rice price hits 4-month high as exporters hold back fresh offers \| S&P Global](https://feedsoft.ai/events/19791-vietnam-fragrant-rice-price-hits-4-month-high-as-exporters-hold-back-fresh.md) | -3.8% | +2.6% |
| RICE | 2019-12-12 | [Asia Rice-India prices rebound, Vietnam sees uptick in demand \| Financial Post](https://feedsoft.ai/events/55667-asia-rice-india-prices-rebound-vietnam-sees-uptick-in-demand-financial-post.md) | +2.9% | +5.2% |
| RICE | 2022-11-16 | [Vietnam rice prices gain top spot on global markets](https://feedsoft.ai/events/38754-vietnam-rice-prices-gain-top-spot-on-global-markets.md) | +0.9% | -5.8% |
| RICE | 2022-12-20 | [Thai, Vietnam and Pakistan hike rice prices as demand increases  - The HinduBusinessLine](https://feedsoft.ai/events/8466-thai-vietnam-and-pakistan-hike-rice-prices-as-demand-increases-the.md) | +4.8% | +4.6% |
| RICE | 2021-03-18 | [Asia rice: India, Vietnam rates gain on robust demand; BD eyes - Markets - Business Recorder](https://feedsoft.ai/events/48197-asia-rice-india-vietnam-rates-gain-on-robust-demand-bd-eyes-markets-business.md) | +1.4% | -1.2% |

## Sources

- spglobal.com: https://www.spglobal.com/energy/en/news-research/latest-news/agriculture/103026-vietnam-fragrant-rice-rallies-as-philippine-demand-returns

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