# Vietnamese rice prices increase after India’s export ban

> Vietnam's 5% broken rice prices rose to $550-575 per tonne in the week to July 27, the highest since 2011, after India's export ban. Thai 5% broken rose to $605-610, a 11-year high, and domestic Vietnamese retail rice prices also climbed sharply.

- Date: 2023-07-31 · published 2023-07-31T12:00:00.000Z
- Category: trade · region Asia · magnitude high
- Page: https://feedsoft.ai/events/35132-vietnamese-rice-prices-increase-after-india-s-export-ban
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

The report confirms that India's ban is driving Southeast Asian rice prices higher, tightening export supply for importers. Higher rice prices may also push feed-grain demand.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2022-12-19 | [Vietnam’s export rice price increases highly \| SGGP English Edition](https://feedsoft.ai/events/8468-vietnam-s-export-rice-price-increases-highly-sggp-english-edition.md) | +8.0% | +7.7% |
| RICE | 2023-07-31 | [Thai, Vietnamese prices hit over decade highs on India curbs rice export](https://feedsoft.ai/events/35130-thai-vietnamese-prices-hit-over-decade-highs-on-india-curbs-rice-export.md) | +2.1% | +0.4% |
| RICE | 2023-10-24 | [Vietnam’s export rice prices reach record high](https://feedsoft.ai/events/33697-vietnam-s-export-rice-prices-reach-record-high.md) | -0.2% | +8.1% |
| RICE | 2023-05-01 | [India Non-Basmati Rice Export Prices Surge.](https://feedsoft.ai/events/36007-india-non-basmati-rice-export-prices-surge.md) | +3.9% | -1.8% |
| RICE | 2020-09-03 | [Demand for Non-basmati Exports from India Increases as Price Increases in Thailand and Vietnam - Grainmart News](https://feedsoft.ai/events/51089-demand-for-non-basmati-exports-from-india-increases-as-price-increases-in.md) | +1.5% | +1.0% |

## Sources

- english.vtv.vn: https://english.vtv.vn/news/vietnamese-rice-prices-increase-after-indias-export-ban-104230731122047856.htm

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