Vietnam’s rice export prices rise, with some varieties up $30 per tonne since late October

On November 11, Vietnam’s rice export offers continued to rise. Jasmine rice was quoted at $565–569 per tonne, up $8 from the previous day; fragrant rice with 5% broken grains was quoted at $535–540 per tonne, up $5; and white rice with 5% broken grains rose to $442–446 per tonne. Compared with late October, prices for the three varieties were up by about $30, $25 and $17 per tonne, respectively.

Rice prices in the Mekong Delta were unchanged from the previous day. IR 504 raw rice was priced at 9,350–9,500 Vietnamese dong per kilogram, and CL 555 raw rice at 9,350–9,450 dong per kilogram. According to An Giang province’s Department of Agriculture and Environment, fresh Đài Thơm 8 and OM 18 paddy both sold for 7,100–7,200 dong per kilogram, while fresh IR 50404 paddy sold for 6,200–6,300 dong per kilogram.

Rice prices in the Mekong Delta on November 11 were unchanged from the previous day.（VietVance）

Quotes from the Vietnam Food Association showed that Thai white rice with 5% broken grains rose $5 per tonne from the previous day to $488–492 per tonne; the equivalent Indian rice fell $2 to $388–392 per tonne; and Pakistan’s quote held at $410–414 per tonne.

The Food and Agriculture Organization of the United Nations forecasts that the Philippines’ rice production in 2026 could be below average at around 19 million tonnes. It also lists Vietnam among the countries expected to produce below-average amounts of unmilled paddy. The Philippine Department of Agriculture separately forecasts that the country’s 2026 paddy production could fall by 1 million tonnes from the previous year. Data from the Philippine Statistics Authority show that its third-quarter paddy production fell 17.8% year on year to 3.08 million tonnes.

The Food and Agriculture Organization of the United Nations forecasts that the Philippines’ rice production in 2026 could be below average.（VietVance）

Source: VietVance