
Vietnam's rice export prices kept falling as the Philippines, its largest market, extended an import suspension that began September 1. FAO data shows Vietnamese 5% broken rice averaged $372.10 per ton in September, down 32% year on year, after India returned to the market following the lifting of its export restrictions.
The Philippine import ban removes Vietnam's main buyer while India's renewed exports add supply, keeping Asian rice prices under pressure. Export-dependent markets should expect weak pricing to continue.
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.
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.