# Vietnam fragrant rice price fall to one-month low on weak Philippine demand | S&P Global

> 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.

- Date: 2026-05-28 · published 2026-05-28T12:00:00.000Z
- Category: trade · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/19302-vietnam-fragrant-rice-price-fall-to-one-month-low-on-weak-philippine-demand-s
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

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

## Read by commodity

- RICE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2026-03-17 | [Vietnam fragrant 5% rice prices fall to record low amid weak demand, ample supply \| S&P Global](https://feedsoft.ai/events/20260-vietnam-fragrant-5-rice-prices-fall-to-record-low-amid-weak-demand-ample-supply.md) | -3.9% | -5.2% |
| RICE | 2025-10-16 | [Vietnam fragrant rice prices hit 3-year low on low export demand, Philippines ban \| S&P Global](https://feedsoft.ai/events/22483-vietnam-fragrant-rice-prices-hit-3-year-low-on-low-export-demand-philippines.md) | -3.1% | -2.8% |
| RICE | 2025-11-18 | [Philippines returns to Vietnam rice market ahead of January import window \| S&P Global](https://feedsoft.ai/events/10501-philippines-returns-to-vietnam-rice-market-ahead-of-january-import-window-s-and.md) | -0.2% | -9.1% |
| RICE | 2025-10-05 | [Vietnam rice prices fall due to Philippines import ban \| Philstar.com](https://feedsoft.ai/events/22488-vietnam-rice-prices-fall-due-to-philippines-import-ban-philstar-com.md) | -3.9% | -7.6% |
| RICE | 2025-01-30 | [Weak international export demand drives Platts Asian rice prices lower \| S&P Global](https://feedsoft.ai/events/26580-weak-international-export-demand-drives-platts-asian-rice-prices-lower-s-and-p.md) | -4.5% | -6.0% |

## Sources

- spglobal.com: https://www.spglobal.com/energy/en/news-research/latest-news/agriculture/052826-vietnam-fragrant-rice-price-fall-to-one-month-low-on-weak-philippine-demand

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