Vietnam’s Fresh Paddy Prices Rise as India’s Broken Rice Export Policy Draws Attention

On November 10, prices for several fresh paddy varieties in An Giang rose from the previous day. Data from the provincial Department of Agriculture and Environment showed that OM 18 fresh paddy rose by 500 Vietnamese dong per kilogram to 7,100–7,200 Vietnamese dong per kilogram; OM 34 rose by 300 Vietnamese dong per kilogram to 6,300–6,500 Vietnamese dong per kilogram; and IR 50404 rose by 100 Vietnamese dong per kilogram to 6,200–6,300 Vietnamese dong per kilogram.

Illustrative photo related to fresh paddy prices in An Giang and rice prices in the Mekong Delta.（VietVance）

Raw rice and byproduct prices in the Mekong Delta were largely unchanged. IR 504 raw rice was quoted at 9,350–9,500 Vietnamese dong per kilogram, and CL 555 at 9,350–9,450 Vietnamese dong per kilogram; fragrant broken rice was quoted at 10,700–10,800 Vietnamese dong per kilogram, and rice bran at 8,250–8,350 Vietnamese dong per kilogram.

For exports, data from the Vietnam Food Association showed that Vietnam’s Jasmine rice quotations held at US$535–539 per ton, fragrant rice with 5% broken grains was quoted at US$500–515 per ton, and white rice with 5% broken grains at US$425–429 per ton. During the same period, India’s white rice with 5% broken grains was quoted at US$385–389 per ton.

Indian rice exporters expect the government may reimpose restrictions on exports of 100% broken white rice. The Indian Rice Exporters Federation warned that restrictions could return if domestic prices continue to rise. As of November 5, the free-on-board price for this rice at India’s Kakinada port was US$336 per ton, up 5% from the previous month. India banned broken rice exports in September 2022 and resumed unrestricted exports on March 7, 2025. As of the original article’s publication, the Indian government had announced no new export restrictions.

Source: VietVance