# Vietnam prices surge, India dip as Bangladesh production recovers - VnExpress International

> Vietnamese 5 percent broken rice rose to $465-$475 a ton, the highest since January 2012, despite an ongoing mini harvest. Indian 5 percent parboiled rice fell $6 to $393-$397 a ton as demand slowed, ahead of Bangladesh imposing a 28 percent import duty on rice to protect its farmers.

- Date: 2018-06-08 · published 2018-06-08T12:00:00.000Z
- Category: trade · region Asia · magnitude medium
- Page: https://feedsoft.ai/events/6746-vietnam-prices-surge-india-dip-as-bangladesh-production-recovers-vnexpress
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Bangladesh's steep import duty will likely cut Indian export demand and weigh on Asian rice prices, while tight Vietnamese supply supports higher quotes in that market.

## Read by commodity

- RICE: neutral

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| RICE | 2018-06-13 | 5 | +10.1% | 3.1 | Vietnamese export prices hit the highest since January 2012 (published June 8, before the window end), signaling firm global rice prices that could support US rough rice. |
| RICE | 2018-06-10 | 1 | +4.1% | 3.1 | Vietnamese 5% broken export prices hit their highest since January 2012, signaling firm global rice values that could lift US rough rice futures, although Indian prices slipped and the report predates the move. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2018-06-10 | [Asia Rice: India prices dip as Bangladesh production recovers \| Daily FT](https://feedsoft.ai/events/64597-asia-rice-india-prices-dip-as-bangladesh-production-recovers-daily-ft.md) | +10.6% | +8.7% |
| RICE | 2017-07-27 | [Asia Rice: Bangladesh May Call off Thai Import Deal Over High Prices](https://feedsoft.ai/events/70025-asia-rice-bangladesh-may-call-off-thai-import-deal-over-high-prices.md) | +1.8% | +0.2% |
| RICE | 2021-07-22 | [A sharp rise in Vietnamese rice price causing backlash among Mozambican importers](https://feedsoft.ai/events/46155-a-sharp-rise-in-vietnamese-rice-price-causing-backlash-among-mozambican.md) | +2.6% | -0.2% |
| RICE | 2017-04-19 | [India: Reduced quantity restrictions on export of certain agricultural products - Global Trade Alert](https://feedsoft.ai/events/71462-india-reduced-quantity-restrictions-on-export-of-certain-agricultural-products.md) | -7.5% | +5.7% |
| RICE | 2021-01-25 | [Bangkok Post - Vietnam's clever rice strategy](https://feedsoft.ai/events/49244-bangkok-post-vietnam-s-clever-rice-strategy.md) | +1.4% | -2.9% |

## Sources

- e.vnexpress.net: https://e.vnexpress.net/news/business/vietnam-prices-surge-india-dip-as-bangladesh-production-recovers-3760627.html

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