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Platts assessed Vietnam fragrant 5% rice at $399/mt FOB on March 17, the lowest level since the assessment began in 2011. Weak buying from the Philippines and Africa and harvest pressure from the main crop are weighing on prices.
Record-low fragrant prices and weak import demand from key buyers indicate further downside risk for Asian export values in the near term.
spglobal.comChirag Aggarwal, Tanya RanaMar 17, 2026After 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.
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.
