# Demand from China, Africa supports Vietnamese rice prices at harvest end | VOV.VN

> Vietnamese five percent broken rice rose to $355-$360 a ton FOB, the highest since August 2016, as China and several African countries returned to buy fragrant and white rice. Vietnamese prices remain $35-$40 a ton below Thai grain. Paddy output from the winter-spring crop eased 2 percent to 9.8 million tons.

- Date: 2017-05-13 · published 2017-05-13T12:00:00.000Z
- Category: trade · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/71086-demand-from-china-africa-supports-vietnamese-rice-prices-at-harvest-end-vov-vn
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Renewed import demand from China and Africa supports Asian export prices at the end of Vietnam's main harvest. Vietnam's cheaper pricing is also attracting price-sensitive African buyers.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2023-07-31 | [Vietnamese rice prices increase after India’s export ban](https://feedsoft.ai/events/35132-vietnamese-rice-prices-increase-after-india-s-export-ban.md) | +2.1% | +0.4% |
| RICE | 2020-02-17 | [Rice Prices Touch 4 Months High: Demand from Africa - Grainmart News](https://feedsoft.ai/events/54673-rice-prices-touch-4-months-high-demand-from-africa-grainmart-news.md) | +0.3% | +2.1% |
| RICE | 2019-12-12 | [Asia Rice-India prices rebound, Vietnam sees uptick in demand \| Financial Post](https://feedsoft.ai/events/55667-asia-rice-india-prices-rebound-vietnam-sees-uptick-in-demand-financial-post.md) | +2.9% | +5.2% |
| RICE | 2018-01-17 | [Auspicious start to Vietnamese rice export in 2018 \| VOV.VN](https://feedsoft.ai/events/10608-auspicious-start-to-vietnamese-rice-export-in-2018-vov-vn.md) | +0.5% | +1.2% |
| RICE | 2022-07-03 | [Surging demand offers Vietnam rice exporters bright prospects](https://feedsoft.ai/events/40568-surging-demand-offers-vietnam-rice-exporters-bright-prospects.md) | +1.1% | +3.3% |

## Sources

- english.vov.vn: https://english.vov.vn/en/economy/demand-from-china-africa-supports-vietnamese-rice-prices-at-harvest-end-349419.vov

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