# Solon sees rice price spiking as Vietnam’s supply dwindles

> A Manila Standard article reports that a Philippine official expects rice prices to spike as Vietnam's supply dwindles. The page text is mostly site navigation, with little detail on the volumes or timing behind the forecast.

- Date: 2021-09-13 · published 2021-09-13T12:00:00.000Z
- Category: trade · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/45160-solon-sees-rice-price-spiking-as-vietnam-s-supply-dwindles
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

A tighter Vietnamese supply would reduce exports available to importers such as the Philippines, supporting Asian rice prices. The magnitude of the expected move is not quantified in the text.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2019-12-12 | [Asia Rice-India prices rebound, Vietnam sees uptick in demand \| Financial Post](https://feedsoft.ai/events/55667-asia-rice-india-prices-rebound-vietnam-sees-uptick-in-demand-financial-post.md) | +2.9% | +5.2% |
| RICE | 2024-08-23 | [Bulog tender sees Pakistan, Thailand compete amid dwindling Vietnamese supplies](https://feedsoft.ai/events/28867-bulog-tender-sees-pakistan-thailand-compete-amid-dwindling-vietnamese-supplies.md) | +0.8% | +4.3% |
| RICE | 2023-10-24 | [Vietnam’s export rice prices reach record high](https://feedsoft.ai/events/33697-vietnam-s-export-rice-prices-reach-record-high.md) | -0.2% | +8.1% |
| RICE | 2021-01-29 | [ASIA RICE-India prices hit 2-yr peak; Vietnam grapples with supply woes - Markets - Business Recorder](https://feedsoft.ai/events/49238-asia-rice-india-prices-hit-2-yr-peak-vietnam-grapples-with-supply-woes-markets.md) | -2.7% | -4.8% |
| RICE | 2022-11-16 | [Vietnam rice prices gain top spot on global markets](https://feedsoft.ai/events/38754-vietnam-rice-prices-gain-top-spot-on-global-markets.md) | +0.9% | -5.8% |

## Sources

- manilastandard.net: https://manilastandard.net/news/national/364845/solon-sees-rice-price-spiking-as-vietnam-s-supply-dwindles.html

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