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Vietnamese 5% broken rice rose to $470-480/t FOB, up from $440-450/t a week earlier and the highest since January 2025. Indian quotes held firm at $387-394/t amid thin Vietnamese old-crop stocks and expected Philippine demand.
Thin exportable Vietnamese supply and a strong El Niño outlook into 2027 point to higher Asian rice floors and costlier import procurement.
After 179 past bullish weather events, Rough Rice moved a median +0.4% over 5 sessions (55% higher; middle half -1.4% to +2.5%), and +2.2% 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.