Vietnam rice export prices rise for third straight week, near $500 a tonne

In the week to November 13, Vietnam’s 5% broken rice was offered for export at $490–495 a tonne, up from $480–490 a tonne the previous week and marking a third consecutive weekly increase. A trader in Ho Chi Minh City said the Philippines’ resumption of purchases had supported Vietnamese rice prices as supplies gradually tightened.

Rice prices in the Mekong Delta were generally little changed from the previous day. The price of IR 504 rice for processing remained at 9,500–9,600 Vietnamese dong per kilogram, while OM 5451 was priced at 11,300–11,400 dong per kilogram. According to the An Giang Department of Agriculture and Environment, fresh paddy prices for OM 34 and OM 5451 each rose by 100 dong per kilogram from the previous day, to 6,400–6,500 dong and 6,500–6,600 dong per kilogram, respectively.

Rice prices in the Mekong Delta were generally stable on November 13.（VietVance）

Rice prices also rose in other major exporting countries. India’s 5% broken parboiled rice was offered at $385–390 a tonne, up from $382–386 a tonne the previous week; Thailand’s 5% broken rice rose from $490–495 to $495–500 a tonne. Thai traders expected prices to edge up further amid concerns about tightening supplies and other factors, although demand remained subdued.

Rice export offers from Vietnam, Thailand and India all rose this week.（VietVance）

The U.S. Department of Agriculture expects Vietnam to remain the world’s second-largest rice exporter in 2026 and 2027. Separately, Bangladeshi officials said the country would purchase a total of 850,000 tonnes of paddy and rice from domestic farmers and mills during the current harvest season.

Source: VietVance