# Asia Rice-Drought-hit Thailand's rates soar to 6-1/2 yr peak on supply dearth

> Thailand's benchmark five percent broken rice prices jumped to $460-467 per tonne, their highest since August 2013, as drought cut supply and domestic buyers stocked up. Vietnamese five percent broken rice rose to $390-400, its highest since December 2018, on firm demand from the Philippines and others.

- Date: 2020-03-06 · published 2020-03-06T12:00:00.000Z
- Category: weather · region Thailand · magnitude medium
- Page: https://feedsoft.ai/events/7987-asia-rice-drought-hit-thailand-s-rates-soar-to-6-1-2-yr-peak-on-supply-dearth
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Drought-driven supply shortages in major Asian exporters tighten exportable rice availability and push international prices higher, supporting feed-grade alternatives as well as rice itself.

## Read by commodity

- RICE: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| RICE | 2020-03-18 | 5 | +10.1% | 3.8 | Earlier drought-driven jump in Thai and Vietnamese prices set the upward trend that carried into the move window. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2020-03-12 | [Asia Rice-Thai drought raises supply jitters, Vietnam rates at over 1-yr high](https://feedsoft.ai/events/7548-asia-rice-thai-drought-raises-supply-jitters-vietnam-rates-at-over-1-yr-high.md) | +10.1% | +10.3% |
| RICE | 2020-03-30 | [Rice prices hit 6-year high as Thailand and Vietnam face drought - Nikkei Asia](https://feedsoft.ai/events/54207-rice-prices-hit-6-year-high-as-thailand-and-vietnam-face-drought-nikkei-asia.md) | +4.2% | +21.5% |
| RICE | 2023-07-11 | [Rice Soars to Two-Year High in Asia on El Niño Drought Risks - Bloomberg](https://feedsoft.ai/events/5208-rice-soars-to-two-year-high-in-asia-on-el-nino-drought-risks-bloomberg.md) | -19.6% | -16.6% |
| RICE | 2026-10-22 | [Asia rice: Indian prices hit more than one-year high on strong rupee, tight supply - Markets - Business Recorder](https://feedsoft.ai/events/17169-asia-rice-indian-prices-hit-more-than-one-year-high-on-strong-rupee-tight.md) | -0.4% | — |
| RICE | 2025-12-02 | [Thai Rice Prices hit near 4-month high; India prices ease on weak demand, soft rupee \| IREF](https://feedsoft.ai/events/12732-thai-rice-prices-hit-near-4-month-high-india-prices-ease-on-weak-demand-soft.md) | -0.3% | -6.8% |

## Sources

- news.tuoitre.vn: https://news.tuoitre.vn/asia-rice-drought-hit-thailands-rates-soar-to-6-1-2-yr-peak-on-supply-dearth-10353337.htm

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