# Enterprises processing rice products face difficulties due to rice price hike

> Vietnamese rice processors in Dong Thap province report that rising raw rice prices have squeezed margins, as contracts fixed earlier prevent them from raising product prices. IR504 rice rose from VND13,600 to VND15,000 per kg during early August.

- Date: 2023-08-17 · published 2023-08-17T12:00:00.000Z
- Category: market · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/34648-enterprises-processing-rice-products-face-difficulties-due-to-rice-price-hike
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Sustained domestic rice price increases in Vietnam reflect tight regional supply after India's export curbs, reinforcing upward pressure on rice prices.

## Read by commodity

- RICE: bullish ▲

## Sources

- vietnamnews.vn: https://vietnamnews.vn/economy/1582536/enterprises-processing-rice-products-face-difficulties-due-to-rice-price-hike.html

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