# Vietnam rice price on top of the world - Tofoco

> 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.

- Date: 2023-05-16 · published 2023-05-16T12:00:00.000Z
- Category: trade · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/36008-vietnam-rice-price-on-top-of-the-world-tofoco
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Vietnam's premium pricing and export plans support firm global rice values, while Indian export curbs keep buyers reliant on Vietnamese supply.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 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 | 2021-09-13 | [Solon sees rice price spiking as Vietnam’s supply dwindles](https://feedsoft.ai/events/45160-solon-sees-rice-price-spiking-as-vietnam-s-supply-dwindles.md) | +3.9% | +3.6% |
| 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 | 2022-08-29 | [Thailand, Vietnam to cooperate in raising rice price in global market: Official \| The Straits Times](https://feedsoft.ai/events/40101-thailand-vietnam-to-cooperate-in-raising-rice-price-in-global-market-official.md) | +0.4% | +0.2% |

## Sources

- tofoco.com.vn: https://tofoco.com.vn/vietnam-rice-price-on-top-of-the-world/

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