# VIETNAM RICE EXPORTER | VIETNAM RICE MILLER | VIETNAM RICE SELLER

> The Philippine National Food Authority rejected Thai and Vietnamese bids in its second G2G auction for 203,000 mt of 25% broken rice, as offers of about $480-483/mt exceeded its $447.88 reference price. The unawarded volume was left unfilled.

- Date: 2024-07-26 · published 2024-07-26T12:00:00.000Z
- Category: trade · region Philippines · magnitude low
- Page: https://feedsoft.ai/events/29325-vietnam-rice-exporter-vietnam-rice-miller-vietnam-rice-seller
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Failed tenders signal Philippine buyers resisting high prices, which could keep import demand cautious and cap Asian export prices.

## Read by commodity

- RICE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2025-09-30 | [Vietnam’s rice market – September 2025](https://feedsoft.ai/events/22944-vietnam-s-rice-market-september-2025.md) | -2.9% | -9.5% |
| RICE | 2018-12-06 | [India rice rates slip; tough Chinese rules dent Vietnam exports](https://feedsoft.ai/events/61653-india-rice-rates-slip-tough-chinese-rules-dent-vietnam-exports.md) | -3.9% | -6.8% |
| RICE | 2024-05-28 | [Export rice prices from Vietnamese businesse hit world's lowest](https://feedsoft.ai/events/30331-export-rice-prices-from-vietnamese-businesse-hit-world-s-lowest.md) | -4.6% | +1.5% |
| RICE | 2019-01-16 | [Asia's rice exporters trigger a price war - Nikkei Asia](https://feedsoft.ai/events/61068-asia-s-rice-exporters-trigger-a-price-war-nikkei-asia.md) | +3.7% | -1.2% |
| RICE | 2024-12-30 | [India: Rice exports surge after easing of curbs](https://feedsoft.ai/events/26929-india-rice-exports-surge-after-easing-of-curbs.md) | +0.7% | +3.2% |

## Sources

- orico.vn: https://www.orico.vn/suppliers-refuse-to-meet-nfa-price-as-rice-auction-fails-again

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