Loading…
Vietnamese 5% broken rice averaged US$425-430 per ton on global markets in October, the highest since November 2021, and was US$20-50 above Thai and Indian rice. Vietnam's exports rose 22% in volume month-on-month in October to over 713,540 tons.
Vietnam's price premium over rivals, driven partly by India's export restrictions, reflects tight global rice availability and supports firm global rice prices.
vietnamnet.vnVietNamNet NewsNov 16, 2022After 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.
