# A sharp rise in Vietnamese rice price causing backlash among Mozambican importers

> Mozambican importers are reducing and halting purchases of Vietnamese rice after a sharp rise in cost-and-freight offer prices. The report is brief and gives no volume figures.

- Date: 2021-07-22 · published 2021-07-22T12:00:00.000Z
- Category: trade · region Mozambique · magnitude low
- Page: https://feedsoft.ai/events/46155-a-sharp-rise-in-vietnamese-rice-price-causing-backlash-among-mozambican
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

A jump in Vietnamese offer prices that stalls African import demand could weigh on export volumes, though the effect on global benchmarks is likely small.

## Read by commodity

- RICE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2018-11-05 | [Vietnam gains more from rice export in 10 months - Xinhua \| English.news.cn](https://feedsoft.ai/events/62123-vietnam-gains-more-from-rice-export-in-10-months-xinhua-english-news-cn.md) | -1.0% | +2.6% |
| RICE | 2017-07-27 | [Asia Rice: Bangladesh May Call off Thai Import Deal Over High Prices](https://feedsoft.ai/events/70025-asia-rice-bangladesh-may-call-off-thai-import-deal-over-high-prices.md) | +1.8% | +0.2% |
| RICE | 2018-06-08 | [Vietnam prices surge, India dip as Bangladesh production recovers - VnExpress International](https://feedsoft.ai/events/6746-vietnam-prices-surge-india-dip-as-bangladesh-production-recovers-vnexpress.md) | +9.7% | +8.0% |
| RICE | 2021-01-25 | [Bangkok Post - Vietnam's clever rice strategy](https://feedsoft.ai/events/49244-bangkok-post-vietnam-s-clever-rice-strategy.md) | +1.4% | -2.9% |
| RICE | 2021-08-13 | [Agri exports from India rise, but can this last?](https://feedsoft.ai/events/45525-agri-exports-from-india-rise-but-can-this-last.md) | -2.4% | -2.0% |

## Sources

- tridge.com: https://www.tridge.com/insights/a-sharp-rise-in-cnf-price-for-vietnamese-rice-causing-backlash-among-mozambican-importers

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