# Rice prices surge in Vietnam amid supply concerns and El Nino impact | FEAG

> Vietnam's 5% broken rice reached US$498 per metric ton, the highest since April 2021, while Thailand's quotes held at US$490-495 and Indian parboiled rose to a three-month high. Traders cited tight supplies and El Nino concerns, and Vietnam's January-May exports rose 30.8% year on year.

- Date: 2023-06-19 · published 2023-06-19T12:00:00.000Z
- Category: weather · region Asia · magnitude medium
- Page: https://feedsoft.ai/events/8291-rice-prices-surge-in-vietnam-amid-supply-concerns-and-el-nino-impact-feag
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Tight Asian supply and El Nino drought risk support rice export prices, which can lift feed-grade rice and substitute grain costs for buyers. Strong export demand suggests prices will stay firm near term.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2017-10-19 | [Rice prices up in India, Vietnam as rains dampen crop supply](https://feedsoft.ai/events/68535-rice-prices-up-in-india-vietnam-as-rains-dampen-crop-supply.md) | -2.3% | +1.2% |
| RICE | 2026-06-25 | [El Nino Nerves Nudge Vietnam’s Rice Prices Higher - Finimize](https://feedsoft.ai/events/18871-el-nino-nerves-nudge-vietnam-s-rice-prices-higher-finimize.md) | -0.5% | +9.3% |
| RICE | 2026-06-04 | [Asia rice: Vietnam prices rise on El Nino concerns; Bangladesh rates stay high amid heatwave - Markets - Business Recorder](https://feedsoft.ai/events/18867-asia-rice-vietnam-prices-rise-on-el-nino-concerns-bangladesh-rates-stay-high.md) | -1.6% | +2.2% |
| RICE | 2026-09-11 | [Indian rice export prices hit one-year high amid supply concerns - The HinduBusinessLine](https://feedsoft.ai/events/17447-indian-rice-export-prices-hit-one-year-high-amid-supply-concerns-the.md) | +1.0% | +7.8% |
| RICE | 2023-06-15 | [Asia rice: Vietnam rice prices jump on low supply; traders flag El Nino risks - Markets - Business Recorder](https://feedsoft.ai/events/6881-asia-rice-vietnam-rice-prices-jump-on-low-supply-traders-flag-el-nino-risks.md) | -0.1% | +0.6% |

## Sources

- fareasternagriculture.com: https://fareasternagriculture.com/crops/agriculture/rice-prices-surge-in-vietnam-amid-supply-concerns-and-el-nino-impact

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