Vietnamese 5% broken fragrant rice rose about USD 15 in the last ten days of October to USD 515-520 per tonne, the highest level of the year, while jasmine rice rose USD 8 to USD 539. Prices of rice from Thailand, India, Pakistan and Myanmar rose only USD 1-4.
Filipino buyers are reportedly sourcing contracts in the Mekong Delta as the Philippines reopens its market.
Strong Vietnamese fragrant rice demand and El Niño expectations point to firmer export prices, with the gains concentrated in Vietnam rather than across all origins.
After 179 past bullish weather events, Rough Rice moved a median +0.4% over 5 sessions (55% higher; middle half -1.4% to +2.5%), and +2.2% 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.