# Rice export shows positive signals

> Vietnam's Ministry of Industry and Trade reported rice exports from January to November of 5.7 million tonnes worth $2.86 billion, up 16.8% in value year-on-year. Average export prices reached $504 per tonne, up 12.3%, and Tan Long Group won a contract to export 118,000 tonnes to the Philippines.

- Date: 2018-12-12 · published 2018-12-12T12:00:00.000Z
- Category: trade · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/61656-rice-export-shows-positive-signals
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Stronger Vietnamese export values and new contracts in Southeast Asia support firmer global rice prices. Diversification away from China reduces dependence on a single weak market.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2023-05-01 | [India Non-Basmati Rice Export Prices Surge.](https://feedsoft.ai/events/36007-india-non-basmati-rice-export-prices-surge.md) | +3.9% | -1.8% |
| 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 | 2018-09-26 | [Promising future for rice exporters](https://feedsoft.ai/events/63116-promising-future-for-rice-exporters.md) | +3.9% | +9.6% |
| RICE | 2019-06-03 | [Export Shipments of Non-Basmati Rice Drop - Grainmart News](https://feedsoft.ai/events/58558-export-shipments-of-non-basmati-rice-drop-grainmart-news.md) | +2.4% | -1.6% |
| RICE | 2020-12-08 | [Rice export price soars to roughly US$500 per tonne \| VOV.VN](https://feedsoft.ai/events/49714-rice-export-price-soars-to-roughly-us-500-per-tonne-vov-vn.md) | +0.9% | +0.9% |

## Sources

- en.vietnamplus.vn: https://en.vietnamplus.vn/rice-export-shows-positive-signals-post143427.vnp

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