# Export rice prices from Vietnamese businesse hit world's lowest

> Vietnamese businesses submitted the lowest bids, at $564.5 per ton, in Bulog's May 21 tender for 300,000 tons of 5% broken rice. Bulog set its negotiating price at $563 per ton C&F, below the lowest bid, while Thai bids reached $658.5.

- Date: 2024-05-28 · published 2024-05-28T12:00:00.000Z
- Category: trade · region Vietnam · magnitude medium
- Page: https://feedsoft.ai/events/30331-export-rice-prices-from-vietnamese-businesse-hit-world-s-lowest
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Competitive Vietnamese offers at low prices cap global 5% broken rice values and pressure Thai and Indian sellers. Buyers can expect cheaper Vietnamese supply.

## Read by commodity

- RICE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2019-10-03 | [Asia rice-waning demand prompts Indian, Thai exporters to lower prices - The Business Times](https://feedsoft.ai/events/56650-asia-rice-waning-demand-prompts-indian-thai-exporters-to-lower-prices-the.md) | +2.5% | -0.1% |
| RICE | 2020-09-14 | [Farmers blame low palay prices on ‘unpredictable’ rice imports - BusinessWorld Online](https://feedsoft.ai/events/51192-farmers-blame-low-palay-prices-on-unpredictable-rice-imports-businessworld.md) | +2.5% | +2.0% |
| RICE | 2021-09-22 | [Rice exports from India lose steam in the current quarter - The HinduBusinessLine](https://feedsoft.ai/events/45022-rice-exports-from-india-lose-steam-in-the-current-quarter-the-hindubusinessline.md) | +0.6% | -0.9% |
| 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% |

## Sources

- van.nongnghiepmoitruong.vn: https://van.nongnghiepmoitruong.vn/concerns-mount-as-export-rice-prices-from-vietnamese-businesse-hit-worlds-lowest-d387635.html

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