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Vietnam shipped 4.9 million tonnes of rice in the first nine months of 2018, earning $2.5 billion, up 22% year on year. China's 50% tariff on rice imports from July hurt sticky rice prices, and exporters are shifting volume to Iraq, the Philippines, Malaysia and other markets.
Strong Vietnamese export volumes and market diversification support Asian rice prices, while China's tariff keeps pressure on sticky rice demand.
en.vietnamplus.vnVietnam+ (VietnamPlusSep 26, 2018After 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.
