# Grain prices stabilize, demand remains robust | Miller Magazine

> Vietnam may post an 11% year-on-year rise in rice export volume for 2023, to over 8 million tonnes. Officials say the sector will seek new markets and promote sustainable production, against a backdrop of geopolitical disruption and El Niño concerns.

- Date: 2023-12-11 · published 2023-12-11T12:00:00.000Z
- Category: trade · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/32792-grain-prices-stabilize-demand-remains-robust-miller-magazine
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Higher Vietnamese export volumes add supply to world markets and partly offset tightness from India's restrictions. The effect on prices is modest.

## Read by commodity

- RICE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2025-04-04 | [Tariffs could reshape rice market, prices \| World Grain](https://feedsoft.ai/events/25193-tariffs-could-reshape-rice-market-prices-world-grain.md) | +1.3% | -3.5% |
| RICE | 2017-07-31 | [Demand for VN rice to be stable in Q3: VFA](https://feedsoft.ai/events/70026-demand-for-vn-rice-to-be-stable-in-q3-vfa.md) | -0.7% | -0.2% |
| RICE | 2025-05-02 | [Asia rice: Strong rupee lifts Indian prices despite tepid demand - AgriInsite](https://feedsoft.ai/events/24745-asia-rice-strong-rupee-lifts-indian-prices-despite-tepid-demand-agriinsite.md) | -2.6% | +5.4% |
| RICE | 2018-06-08 | [Rice prices up for 6th straight month \| Philstar.com](https://feedsoft.ai/events/6748-rice-prices-up-for-6th-straight-month-philstar-com.md) | +9.7% | +8.0% |
| RICE | 2018-06-12 | [RICEPLUS MAGAZINE: 13th June,2018 daily global regional local rice e-newsletter](https://feedsoft.ai/events/64596-riceplus-magazine-13th-june-2018-daily-global-regional-local-rice-e-newsletter.md) | +9.5% | +1.5% |

## Sources

- millermagazine.com: https://millermagazine.com/en/blog/grain-prices-stabilize-demand-remains-robust-5455

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