# ASIA RICE-Strong Baht, Demand Props up Thai Export Prices; Vietnam Rates Slip

> Thai 5% broken rice export prices rose to $495 per tonne, the highest since March 2021, helped by a stronger baht and regional demand from Indonesia. Vietnam rates fell to a six-week low as trade slowed ahead of Lunar New Year.

- Date: 2023-01-12 · published 2023-01-12T12:00:00.000Z
- Category: market · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/37837-asia-rice-strong-baht-demand-props-up-thai-export-prices-vietnam-rates-slip
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md), [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Firm Thai export quotes and low Vietnamese domestic supplies support global rice price levels, though Vietnam's softer quotes limit the rise.

## Read by commodity

- RICE: bullish ▲
- USDTHB: bullish ▲

## Sources

- agriculture.com: https://www.agriculture.com/markets/newswire/asia-rice-strong-baht-demand-props-up-thai-export-prices-vietnam-rates-slip

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