
Vietnam exported 6.4 million tonnes of rice worth $3.11 billion in the first nine months of the period, down 6.1% in volume and 10.9% in value year on year. The average export price was $484.8 per tonne, down 5.1%.
Exports to the Philippines fell, while shipments to China and Iraq rose strongly.
Lower export volumes and prices from the largest Asian exporter point to softer global rice trade values, partly offset by stronger buying from China and Iraq.
After 141 past bearish trade events, Rough Rice moved a median +0.6% over 5 sessions (57% higher; middle half -2.3% to +2.4%), and -0.6% 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.