HCMC – Vietnamese rice export prices remained the highest in Southeast Asia over the past week, with 5% broken rice steady at US$520-525 per ton, reported the Vietnam Food Association.
This price surpasses those of regional competitors, reflecting sustained demand for Vietnamese rice exports.
Domestic rice prices also increased. In the fields, paddy prices reached up to VND7,150 per kilogram, averaging VND6,893 per kilogram—a rise of VND157 from the previous week. At warehouses, the average price rose to VND8,458 per kilogram, with a peak of VND8,850 per kilogram, marking an increase of about VND117.
Various rice varieties saw price hikes. Five-percent broken rice climbed to VND13,500 per kilogram, with an average increase of VND271 to VND13,221.
Fifteen-percent broken rice rose to a maximum of VND13,000 per kilogram, averaging VND12,883. Premium white rice posted the largest gain, reaching VND14,260 per kilogram, while 25% broken rice added VND10 to reach a high of VND12,700. Premium brown rice increased by VND300 to an average of VND11,600 per kilogram.
In the Mekong Delta, 5% broken rice export prices stayed stable at US$520-525 per ton, despite broader market fluctuations.
Vietnam also recently secured a tender to supply over 80,000 tons of rice to Indonesia’s National Logistics Agency (Bulog), with shipments scheduled for November and December.
Meanwhile, rice prices in India fell sharply last week, with both 5% broken and white 5% broken rice dropping to US$440-450 per ton—the lowest in 15 months. This decline is attributed to a weak rupee and abundant supply. In Thailand, the recent rise in the U.S. dollar had little effect on the country’s 5% broken rice price, which remained steady at around US$490 per ton.
