Vietnam's export rice prices rise on a shortage of goods

Nov 3, 2026, Market watch

Vietnam's export rice prices rise on a shortage of goods.

• Offer price for 5% broken rice on 29/10: USD 470–480/ton, recorded on 29/10, up from USD 440–450/ton the previous week; the highest since January 2025.
• Offer price for fragrant 5% broken rice: USD 500–515/ton, up USD 15/ton from the previous week.
• Offer price for Jasmine rice: USD 535–539/ton, up USD 8/ton from the previous week.
• Autumn to Winter crop output versus the Summer to Autumn crop: half, forecast at only half; harvesting does not begin until late November.

The highest price in nearly two years does not mean we are selling better, prices are up because goods are scarce; only those who have the right goods, to the right standard, at the right time will benefit.

Prices are up because goods are scarce. Not because we sell better.

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