# Asia rice: steady demand lifts Vietnam rates - Markets - Business Recorder

> Vietnamese 5% broken rice export offers rose to $425-430 per tonne on robust demand, particularly from the Philippines after storm-related shortfalls. Indian parboiled prices fell as the rupee hit a record low.

- Date: 2022-10-07 · published 2022-10-07T12:00:00.000Z
- Category: market · region Asia · magnitude low
- Page: https://feedsoft.ai/events/39204-asia-rice-steady-demand-lifts-vietnam-rates-markets-business-recorder
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md), [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

Firm Vietnamese demand and tightening domestic supply support export prices, while rupee weakness lowers Indian offers and caps the wider market.

## Read by commodity

- RICE: bullish ▲
- USDINR: bullish ▲

## Sources

- brecorder.com: https://www.brecorder.com/news/40201770

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