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Vietnamese 5% broken rice has been the world's most expensive since August 2022, averaging over $519 per ton in early 2023. Vietnam plans to export 6.6 million tons this year, helped by renewed demand from Indonesia and Bangladesh.
Vietnam's premium pricing and export plans support firm global rice values, while Indian export curbs keep buyers reliant on Vietnamese supply.
tofoco.com.vnAdministratorMay 16, 2023After 189 past bullish trade events, Rough Rice moved a median +0.2% over 5 sessions (52% higher; middle half -1.7% to +2.4%), and +1.0% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
