
Viet Nam's export rice prices rose to their highest level in 22 months. On October 29, 5% broken rice was offered at USD 470-480 per tonne, about USD 30 higher than the previous week.
Limited domestic supplies are tightening the market ahead of a late-November autumn-winter harvest expected to be about half the summer-autumn crop.
A smaller upcoming harvest and tight stocks keep Asian rice export prices firm, raising import costs for rice-buying countries and supporting prices for substitute feed grains.
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