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Vietnam exported 5.74 million tonnes of rice in the first 11 months of 2020, down 2.2% in volume but up 10.4% in value. The average 5% broken price in November was about $500 per tonne.
The EU-Vietnam trade agreement adds a duty-free quota of 80,000 tonnes annually.
Higher Vietnamese export prices and new EU duty-free access support firm Asian rice values into 2021.
english.vov.vnVOVDec 8, 2020After 189 past bullish trade events, Rough Rice moved a median +0.2% over 5 sessions (52% higher; middle half -1.7% to +2.4%), and +1.0% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
