# Thai, Vietnam and Pakistan hike rice prices as demand increases  - The HinduBusinessLine

> Rice export prices rose by up to $25 a tonne for Thai rice and $6-10 for Vietnamese and Pakistani shipments over three weeks. Indonesia and Bangladesh are seeking imports, and African nations face pressure to buy. Sri Lanka has curbed its own imports to support local paddy prices.

- Date: 2022-12-20 · published 2022-12-20T12:00:00.000Z
- Category: trade · region Global · magnitude medium
- Page: https://feedsoft.ai/events/8466-thai-vietnam-and-pakistan-hike-rice-prices-as-demand-increases-the
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Stronger import demand and a forecast drop in global output (FAO 512.8 mt vs 525.6 mt) support higher rice prices. Feed buyers may face firmer rice-based feed ingredient costs.

## Read by commodity

- RICE: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| RICE | 2022-12-23 | 5 | +8.0% | 3.3 | Asian export quotes rose (Thai up to $25/t, Vietnamese and Pakistani $6-10) on import demand from Indonesia, Bangladesh and Africa, a direct trade-flow and demand driver for rice futures in the same week. |
| RICE | 2022-12-22 | 5 | +7.9% | 2.8 | Higher Thai, Vietnamese and Pakistani export quotes amid new import demand from Indonesia and Bangladesh point to stronger rice demand and a trade-flow tightening that would support Rough Rice futures. |
| RICE | 2022-12-20 | 1 | +3.9% | 3.8 | Published on the move date, it reports Thai, Vietnamese and Pakistani export price increases of up to $25/t, with Indonesia and Bangladesh seeking imports and African buyers under pressure, which signals stronger import demand and supports rough rice futures. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2022-07-05 | [As prices of parboiled rice surge, export demand for India’s broken rice picks up - The HinduBusinessLine](https://feedsoft.ai/events/40563-as-prices-of-parboiled-rice-surge-export-demand-for-india-s-broken-rice-picks.md) | +1.1% | +3.3% |
| RICE | 2018-02-20 | [Rice exports surge on strong demand, dip in Thai stocks - The HinduBusinessLine](https://feedsoft.ai/events/66441-rice-exports-surge-on-strong-demand-dip-in-thai-stocks-the-hindubusinessline.md) | -1.0% | +2.2% |
| RICE | 2021-04-12 | [Now, Vietnam begins buying higher grade rice from India  - The HinduBusinessLine](https://feedsoft.ai/events/47692-now-vietnam-begins-buying-higher-grade-rice-from-india-the-hindubusinessline.md) | -1.6% | +8.4% |
| RICE | 2020-09-03 | [Demand for Non-basmati Exports from India Increases as Price Increases in Thailand and Vietnam - Grainmart News](https://feedsoft.ai/events/51089-demand-for-non-basmati-exports-from-india-increases-as-price-increases-in.md) | +1.5% | +1.0% |
| RICE | 2021-01-29 | [Non-basmati rice emerges as top agri export produce in April-Dec - The HinduBusinessLine](https://feedsoft.ai/events/49097-non-basmati-rice-emerges-as-top-agri-export-produce-in-april-dec-the.md) | -2.7% | -4.8% |

## Sources

- thehindubusinessline.com: https://www.thehindubusinessline.com/economy/agri-business/thai-vietnam-and-pakistan-hike-rice-prices-as-demand-increases/article66285558.ece

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