# Asia rice: Thailand, Vietnam bank on new deals; few eye cheaper India supply - Markets - Business Recorder

> Asian rice export prices rose this week, with Vietnam's 5% broken rice offered at $440-$445 per tonne and Thailand's 5% broken at $427-$440. Strong demand from Indonesia's Bulog and low Vietnamese domestic supplies drove the gains, while cheaper Indian rice attracted some buyers.

- Date: 2022-12-01 · published 2022-12-01T12:00:00.000Z
- Category: trade · region Asia · magnitude low
- Page: https://feedsoft.ai/events/38308-asia-rice-thailand-vietnam-bank-on-new-deals-few-eye-cheaper-india-supply
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Firmer Asian rice export prices driven by Indonesian procurement tighten global rice supply and lift costs for rice-based feed ingredients, though cheaper Indian supply limits the rally.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2021-03-18 | [Asia rice: India, Vietnam rates gain on robust demand; BD eyes - Markets - Business Recorder](https://feedsoft.ai/events/48197-asia-rice-india-vietnam-rates-gain-on-robust-demand-bd-eyes-markets-business.md) | +1.4% | -1.2% |
| RICE | 2021-01-29 | [ASIA RICE-India prices hit 2-yr peak; Vietnam grapples with supply woes - Markets - Business Recorder](https://feedsoft.ai/events/49238-asia-rice-india-prices-hit-2-yr-peak-vietnam-grapples-with-supply-woes-markets.md) | -2.7% | -4.8% |
| RICE | 2020-12-31 | [Vietnam rates hit 9-year peak on supply crunch; Thai rates dip - Markets - Business Recorder](https://feedsoft.ai/events/49712-vietnam-rates-hit-9-year-peak-on-supply-crunch-thai-rates-dip-markets-business.md) | +2.0% | +10.3% |
| RICE | 2022-06-10 | [Asia rice: India rates rise as fears of export curb accelerate demand - Markets - Business Recorder](https://feedsoft.ai/events/41014-asia-rice-india-rates-rise-as-fears-of-export-curb-accelerate-demand-markets.md) | -1.7% | -2.0% |
| RICE | 2021-01-23 | [Indian rice prices up; Thai higher prices dampen demand - Markets - Business Recorder](https://feedsoft.ai/events/49240-indian-rice-prices-up-thai-higher-prices-dampen-demand-markets-business-recorder.md) | +1.4% | -2.9% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40211983

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