# SSRice Market Summary - Weekly

> Indonesia's Bulog bought 500,000 tonnes of 5% white rice in a 29 January tender, with 14 of 17 lots going to Vietnam. Thai offers saw no sales, and Vietnamese and Myanmar prices firmed in response.

- Date: 2024-02-02 · published 2024-02-02T12:00:00.000Z
- Category: trade · region Indonesia · magnitude medium
- Page: https://feedsoft.ai/events/31743-ssrice-market-summary-weekly
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Large Bulog purchases concentrated in Vietnam support Asian export prices and signal strong Indonesian import demand.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2021-07-30 | [Rice market update for the week ending July 30, 2021 - Rice Farming](https://feedsoft.ai/events/46153-rice-market-update-for-the-week-ending-july-30-2021-rice-farming.md) | -2.9% | -2.7% |
| RICE | 2024-12-30 | [Govt embarks on import to tame rice market](https://feedsoft.ai/events/10454-govt-embarks-on-import-to-tame-rice-market.md) | +0.7% | +3.2% |
| RICE | 2023-10-25 | [Ecuador -- New Market For U.S. Rough Rice Exports \| USA Rice Federation](https://feedsoft.ai/events/33696-ecuador-new-market-for-u-s-rough-rice-exports-usa-rice-federation.md) | +0.0% | +8.6% |
| RICE | 2022-11-16 | [Vietnam rice prices gain top spot on global markets](https://feedsoft.ai/events/38754-vietnam-rice-prices-gain-top-spot-on-global-markets.md) | +0.9% | -5.8% |
| RICE | 2018-08-13 | [Missouri rice farmers eye export market on banks of Nile River \| STLPR](https://feedsoft.ai/events/63598-missouri-rice-farmers-eye-export-market-on-banks-of-nile-river-stlpr.md) | -1.9% | +2.5% |

## Sources

- ssricenews.com: https://ssricenews.com/ss-reports/ssrice-market-summary-weekly.html?start=130

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