# Vietnam rice prices gain top spot on global markets

> 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.

- Date: 2022-11-16 · published 2022-11-16T12:00:00.000Z
- Category: trade · region Vietnam · magnitude medium
- Page: https://feedsoft.ai/events/38754-vietnam-rice-prices-gain-top-spot-on-global-markets
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Vietnam's price premium over rivals, driven partly by India's export restrictions, reflects tight global rice availability and supports firm global rice prices.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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% |
| RICE | 2023-05-16 | [Vietnam rice price on top of the world - Tofoco](https://feedsoft.ai/events/36008-vietnam-rice-price-on-top-of-the-world-tofoco.md) | -5.7% | +3.4% |
| 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 | 2024-11-29 | [Rice and shine: Parboiled prices soar as global markets heat up - Thailandtv.news](https://feedsoft.ai/events/27018-rice-and-shine-parboiled-prices-soar-as-global-markets-heat-up-thailandtv-news.md) | -0.1% | -9.3% |
| RICE | 2024-04-12 | [Rice prices may stay elevated in 2024 amid global market tightness, says BMI](https://feedsoft.ai/events/6713-rice-prices-may-stay-elevated-in-2024-amid-global-market-tightness-says-bmi.md) | +12.7% | +10.8% |

## Sources

- vietnamnet.vn: https://vietnamnet.vn/en/vietnam-rice-prices-gain-top-spot-on-global-markets-2080762.html

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