Vietnam Rice Prices Rise as Coffee Prices Fall
Vietnam Rice Prices Rise as Coffee Prices Fall
According to Bnews · Commodities, Vietnam rice prices increased during the past week, reflecting improved demand. The report notes that domestic coffee prices have continued to decline for the fifth consecutive week, indicating ongoing market pressure. The data highlights a divergence in trends between staple grains and specialty crops, with rice showing resilience amid global supply uncertainties.
The report attributes the rise in rice prices to the resumption of Philippine purchases, which contributed to the price increase. Meanwhile, coffee prices remain under sustained downward pressure. These developments underscore the sector's volatility and the need for producers to adapt to fluctuating market conditions. The data is based on recent market observations and does not include speculative forecasts or trading session details.
Vietnam Rice Price Movements
According to the Vietnam Association of Grains, the price of fresh rice at the field, rice raw materials, and by-products all increased compared to the previous week. Fresh rice prices rose, with aromatic rice reaching a peak of 7,450 VND/kg, averaging 7,293 VND/kg, an increase of 707 VND/kg. Regular rice reached a peak of 6,750 VND/kg, averaging 6,536 VND/kg, an increase of 471 VND/kg.
In the raw rice category, milled white rice type 1 reached a peak of 11,950 VND/kg, averaging 11,685 VND/kg, an increase of 940 VND/kg compared to the previous week. This was the largest price increase among the categories reported. Milled white rice type 2 reached a peak of 10,650 VND/kg, an increase of 340 VND/kg. Meanwhile, broken rice type 1 reached a peak of 10,950 VND/kg, an increase of 579 VND/kg; broken rice type 2 averaged 9,525 VND/kg, an increase of 543 VND/kg.
For by-products, half-sawn rice reached a peak of 10,500 VND/kg, an increase of 879 VND/kg compared to the previous week. Rice bran/crumbs reached a peak of 8,325 VND/kg, an increase of 168 VND/kg.
Export Price Trends and Market Dynamics
Vietnam's 5% broken rice was quoted at 480-490 USD/ton, up from 470-480 USD/ton the previous week and reaching the highest level since December 2024. Traders noted that the resumption of Philippine purchases from Vietnam pushed rice prices higher.
According to the Ministry of Agriculture and Environment, Vietnam's rice exports for the first ten months of 2026 reached 6.8 million tons with a value of 3.31 billion USD, a decrease of 4.6% in volume and 9.7% in value compared to the same period in 2025. The average export price for rice in the first ten months of 2026 is estimated at 484 USD/ton, a decrease of 5.4% compared to the same period in 2025.
Philippines is Vietnam's largest rice market, accounting for 40.2% of the market share. China and Ghana are the next two largest markets with market shares of 17.5% and 13.7%, respectively.
Global Rice Market Overview
Like Vietnam, Thailand's export rice prices have risen to their highest level in nearly two years this week, due to concerns about supply disruptions and strong demand. In contrast, India's rice prices have declined slightly due to improved supply from the new season.
Thailand's 5% broken rice price rose to 490-495 USD/ton, the highest level since January 2025, up from 480 USD/ton the previous week, due to high demand and reduced supply in some areas.
Indian 5% broken rice was quoted at 382-386 USD/ton this week, reaching the lowest level since October 8 and down from 387-392 USD/ton the previous week. Indian white rice 5% broken was priced at 389-393 USD/ton.
Sources: Bnews · Commodities