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Asia rice: Vietnam, Thai rice prices hit near two-year highs as India slips
Rice export prices in Vietnam and Thailand climbed to their highest levels in nearly two years this week on concerns over supply disruptions and strong demand, while Indian prices eased as new-season arrivals improved supply. Vietnam’s 5% broken rice was offered at $480 to $490 per metric ton, up from $470 to $480 a week ago and the highest level since December 2024. Traders said the Philippines has resumed rice purchases from Vietnam, giving a boost to prices. “However, the Philippines is only buying 25% and 100% broken rice,” a trader based in Ho Chi Minh City said, adding that most of the 5...
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