◂ Event Timeline

May 28, 2026TRADEVietnam

Vietnam fragrant rice price fall to one-month low on weak Philippine demand

Platts assessed Vietnam Fragrant 5% rice at $494/mt FOB on May 28, its lowest level since May 1 and down from a May 11 peak of $504. Philippine buyers have slowed purchases amid high prices and slower sanitary import clearances.

WHY IT MATTERS

Weaker Philippine demand and upcoming harvest supply point to softer Vietnamese rice prices in the near term.

AFFECTSRough Rice▼

SOURCE
spglobal.comChirag AggarwalMay 28, 2026

Price reaction & history

Rough Rice▼bearishSO FAR1d +1.0%5d -2.1%20d +1.3%

After 141 past bearish trade events, Rough Rice moved a median +0.6% over 5 sessions (57% higher; middle half -2.3% to +2.4%), and -0.6% over 20.

Mar 17, 2026Vietnam fragrant 5% rice prices fall to record low amid weak demand, ample supply | S&P Global-3.9%
Oct 16, 2025Vietnam fragrant rice prices hit 3-year low on low export demand, Philippines ban | S&P Global-3.1%
Nov 18, 2025Philippines returns to Vietnam rice market ahead of January import window | S&P Global-0.2%
Oct 5, 2025Vietnam rice prices fall due to Philippines import ban | Philstar.com-3.9%
Jan 30, 2025Weak international export demand drives Platts Asian rice prices lower | S&P Global-4.5%

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.

Rough Rice RICE · GP ▸

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