# Now, Vietnam begins buying higher grade rice from India  - The HinduBusinessLine

> Vietnam has started buying 5% and 10% broken rice from India to meet domestic needs, including supply for its defence forces and industrial users. A USDA report cited Vietnamese purchases of 100% broken Indian rice at $310 per tonne, well below Vietnam's own offers. Monthly Vietnamese imports are reported at around 100,000 tonnes.

- Date: 2021-04-12 · published 2021-04-12T12:00:00.000Z
- Category: trade · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/47692-now-vietnam-begins-buying-higher-grade-rice-from-india-the-hindubusinessline
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Vietnam's shift toward higher-grade Indian rice adds export demand for India and may cap Vietnamese prices. Continued buying supports Indian export prices.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2022-12-20 | [Thai, Vietnam and Pakistan hike rice prices as demand increases  - The HinduBusinessLine](https://feedsoft.ai/events/8466-thai-vietnam-and-pakistan-hike-rice-prices-as-demand-increases-the.md) | +4.8% | +4.6% |
| RICE | 2022-12-02 | [Bulog rice buy: Exporters to meet Indonesia envoy - The HinduBusinessLine](https://feedsoft.ai/events/38206-bulog-rice-buy-exporters-to-meet-indonesia-envoy-the-hindubusinessline.md) | -5.8% | +1.4% |
| RICE | 2024-01-16 | [Rice may surge further globally on Indian export curbs, supply shortage - The HinduBusinessLine](https://feedsoft.ai/events/32111-rice-may-surge-further-globally-on-indian-export-curbs-supply-shortage-the.md) | +1.9% | +8.1% |
| RICE | 2022-04-11 | [Indian broken rice exports likely to face supply problems - The HinduBusinessLine](https://feedsoft.ai/events/41915-indian-broken-rice-exports-likely-to-face-supply-problems-the-hindubusinessline.md) | +4.9% | +4.5% |
| RICE | 2018-05-16 | [Feeding the Dragon: Prospects brighten for non-basmati rice exports  - The HinduBusinessLine](https://feedsoft.ai/events/65000-feeding-the-dragon-prospects-brighten-for-non-basmati-rice-exports-the.md) | -1.2% | -3.2% |

## Sources

- thehindubusinessline.com: https://www.thehindubusinessline.com/economy/agri-business/now-vietnam-begins-buying-higher-grade-rice-from-india/article34300399.ece

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