# Vietnam rates hit over 3-month low, prices steady in other hubs

> Vietnamese 5% broken rice export prices fell to $400-$410 per tonne, their lowest since September 9, amid weak demand. Thai and Indian quotes were steady to lower, with Indian parboiled prices at their lowest since December 2016 as the rupee weakened.

- Date: 2021-12-17 · published 2021-12-17T12:00:00.000Z
- Category: market · region Asia · magnitude low
- Page: https://feedsoft.ai/events/43663-vietnam-rates-hit-over-3-month-low-prices-steady-in-other-hubs
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md), [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

Lower Asian export quotes and expectations of further declines from new-season Indian supplies point to continued softness in global rice prices. Weaker Asian currencies add to the bearish pressure on dollar-denominated offers.

## Read by commodity

- RICE: bearish ▼
- USDINR: bullish ▲

## Sources

- news.tuoitre.vn: https://news.tuoitre.vn/vietnam-rates-hit-over-3-month-low-prices-steady-in-other-hubs-10364761.htm

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