# Thailand and Vietnam Rice Price Increased, India Can Lead the Export - Commodity Board Europe is an independent commodity market intelligence platform providing global production data, price insights and market analysis for agricultural and food commodities.

> Thailand and Vietnam discussed a rice pact to raise export prices, but Thai industry officials called it impossible and Vietnam had not confirmed the plan. India accounts for about 40% of global supply, and its export prices recently hit a five-year low.

- Date: 2022-06-02 · published 2022-06-02T12:00:00.000Z
- Category: trade · region Global · magnitude low
- Page: https://feedsoft.ai/events/41019-thailand-and-vietnam-rice-price-increased-india-can-lead-the-export-commodity
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

A failed Thai-Vietnam cartel leaves competition from India intact, keeping global rice prices pressured by ample Indian supply.

## Read by commodity

- RICE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2021-08-05 | [India Grain Exports Benefit from Tighter Competitor Supplies and Increased Price Competitiveness \| USDA Foreign Agricultural Service](https://feedsoft.ai/events/45521-india-grain-exports-benefit-from-tighter-competitor-supplies-and-increased.md) | +1.8% | -1.7% |
| RICE | 2020-07-20 | [Legacy vs price: Rice exports from Vietnam and India vie for ASEAN trade post-COVID-19](https://feedsoft.ai/events/52090-legacy-vs-price-rice-exports-from-vietnam-and-india-vie-for-asean-trade-post.md) | -0.2% | +0.5% |
| RICE | 2025-01-17 | [A return to form: How India’s renewal of rice exports will shape the market \| Global Trade Review (GTR)](https://feedsoft.ai/events/26465-a-return-to-form-how-india-s-renewal-of-rice-exports-will-shape-the-market.md) | +0.2% | -4.3% |
| RICE | 2016-11-09 | [Agricultural exports decline marginally in first half of FY17 - Commodities News \| The Financial Express](https://feedsoft.ai/events/73827-agricultural-exports-decline-marginally-in-first-half-of-fy17-commodities-news.md) | +1.9% | +2.7% |
| RICE | 2019-08-22 | [Vietnam’s rice exports exceed 3.1 billion USD amid diverging markets - VCCI - Vietnam Chamber of Commerce and Industry](https://feedsoft.ai/events/57676-vietnam-s-rice-exports-exceed-3-1-billion-usd-amid-diverging-markets-vcci.md) | +3.9% | +13.3% |

## Sources

- commodity-board.com: https://commodity-board.com/thailand-and-vietnam-rice-price-increased-india-can-lead-the-export/

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