Purchases from the Philippines supported Thai rice prices, while El Nino concerns and the expectation that the new crop would be limited by next year continued to support prices. Vietnam's 5% broken rice was offered at $480–490 per ton, the highest since December 2024. According to traders, the resumption of purchases from Vietnam by the Philippines supported prices, but the country only receives 25% and 100% broken rice.
Vietnam's rice exports rose 37.2% year-on-year in October to 475,000 tonnes. In India, 5% broken parboiled rice fell to $382–386 as the new season paddy supply increased. In Bangladesh, rice prices remained high, despite adequate market supply, as the increase in fuel prices increased production and transport costs.
