# Vietnamese and Thai Rice Prices Surge to Nearly Two-Year Highs Amid Strong Demand and Supply Concerns

> Vietnamese and Thai rice export prices reached nearly two-year highs last week, with demand from the Philippines and concerns about flooding and El Niño among the drivers. Vietnam’s rice exports rose 37.2% year over year in October to 475,000 tons, while the Philippines’ 2026–27 import demand is projected at 5.6 million tons.

- Date: 2026-11-08 · published 2026-11-09T09:06:36.732Z
- Category: trade · region Southeast Asia · magnitude medium
- Page: https://feedsoft.ai/events/89092-vietnamese-and-thai-rice-prices-surge-to-nearly-two-year-highs-amid-strong
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Strong Philippine buying and weather-related supply risks could tighten export availability and support Asian rice prices; increased Vietnamese shipments provide some offset.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2018-02-01 | [Indian rice prices surge to over six-year high on steady demand, strong rupee](https://feedsoft.ai/events/66579-indian-rice-prices-surge-to-over-six-year-high-on-steady-demand-strong-rupee.md) | +0.5% | -0.2% |
| RICE | 2026-02-23 | [Global rice prices surge 11% amid strong demand and shifting export policies](https://feedsoft.ai/events/12570-global-rice-prices-surge-11-amid-strong-demand-and-shifting-export-policies.md) | +2.3% | +9.1% |
| 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 | 2017-05-13 | [Demand from China, Africa supports Vietnamese rice prices at harvest end \| VOV.VN](https://feedsoft.ai/events/71086-demand-from-china-africa-supports-vietnamese-rice-prices-at-harvest-end-vov-vn.md) | +5.9% | +10.5% |
| 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

- insights.tridge.com: https://insights.tridge.com/speaker-product-news-reports/KJLyFXpzJzgKuB1Gqsm5QUKHGgR43AVdqLKnQ87sy6J1vq4N2xcD3Sa4

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