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This report provides trade data on Vietnam's monthly rice exports by grade and destination and weekly export quotes for rice by grade.

Export prices of most grades of rice remained unchanged despite the strengthening of the Thai baht.

Post revised Vietnam’s marketing year 2020/2021 (MY20/21) total harvest area down to 7,305 thousand hectares (THA), but production up to 27.38 million metric tons (MMT) (milled rice equivalent) on higher production of the autumn crop.

Export prices of white rice increased one percent despite the weakening of the Thai baht.

Post increases the MY 21/22 estimate for milled rice production to 12.5 million MT on positive first-quarter production data while holding imports unchanged.

Post forecasts higher Burmese rice exports in December. This forecast anticipates active demand from Africa, China, and EU countries during the new crop harvest and the reopening of Burma-China border gates.

Rice export prices remained unchanged from previous week.

Rice export prices decreased 1-2 percent due to the weakening of the Thai baht against the U.S. dollar that offset the upward pressure on current domestic prices of paddy rice.

On December 1, 2021, Taiwan completed the last tender for approximately 12,000 MT of U.S. long grain brown rice, thus concluding tenders for 2021 country specific quota (CSQ) for U.S. rice.

FAS/Bangkok (Post) revised MY2021/22 rice production down slightly to 20.8 million metric tons due to flood damage in the northeastern regions. Post expects Thai rice exports to increase to 5.8 million metric tons in 2021. Post forecasts MY2021/22...

This report provides trade data on Vietnam's monthly rice exports by grade and destination and weekly export quotes for rice by grade.

Indonesia’s wheat demand is recovering from pandemic-induced lows and imports are rebounding, while the forecast for rice production is up thanks to ample rainfall.