# Vietnam’s export rice price increases highly | SGGP English Edition

> The Vietnam Food Association says Vietnam's 5% broken rice is quoted at $453 per ton, up $25 from October and the third increase in 2022. Vietnamese prices are now $5-50 per ton above Thai, Pakistani and Indian rice. Exports for 2022 are forecast above 7 million tons.

- Date: 2022-12-19 · published 2022-12-19T12:00:00.000Z
- Category: trade · region Vietnam · magnitude medium
- Page: https://feedsoft.ai/events/8468-vietnam-s-export-rice-price-increases-highly-sggp-english-edition
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Vietnam's premium over other origins and strong export volumes signal firm international rice pricing. Buyers sourcing rice-based feed should expect continued upward pressure.

## 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 | Vietnam's 5% broken rice rose $25/t to $453, its third increase of 2022 and at a premium to competitors, which confirms firm export price support. |
| RICE | 2022-12-22 | 5 | +7.9% | 2.8 | Vietnam's 5% broken rice quote rising $25 to $453/ton, its third increase in 2022, and the premium over Thai, Pakistani and Indian rice show firming Asian export prices that support the global price floor. |
| RICE | 2022-12-20 | 1 | +3.9% | 3.8 | It reports Vietnam's 5% broken rice at $453/t, up $25 from October and the third increase of 2022, with Vietnamese quotes above Thai, Pakistani and Indian rice, which reinforces the firm Asian export price backdrop that can lift US rough rice, though the news is a day earlier and the increase is gradual. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2023-10-24 | [Vietnam’s export rice prices reach record high](https://feedsoft.ai/events/33697-vietnam-s-export-rice-prices-reach-record-high.md) | -0.2% | +8.1% |
| RICE | 2023-07-31 | [Vietnamese rice prices increase after India’s export ban](https://feedsoft.ai/events/35132-vietnamese-rice-prices-increase-after-india-s-export-ban.md) | +2.1% | +0.4% |
| RICE | 2023-07-31 | [Thai, Vietnamese prices hit over decade highs on India curbs rice export](https://feedsoft.ai/events/35130-thai-vietnamese-prices-hit-over-decade-highs-on-india-curbs-rice-export.md) | +2.1% | +0.4% |
| 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 | 2022-12-20 | [Thai, Vietnam and Pakistan hike rice prices as demand increases  - The HinduBusinessLine](https://feedsoft.ai/events/8466-thai-vietnam-and-pakistan-hike-rice-prices-as-demand-increases-the.md) | +4.8% | +4.6% |

## Sources

- en.sggp.org.vn: https://en.sggp.org.vn/vietnams-export-rice-price-increases-highly-post99251.html

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