A survey by the Japanese Ministry of Agriculture , Forestry and Fisheries of about 1,000 supermarkets nationwide showed that the average price of a 5kg bag of rice has increased to 4,335 yen (equivalent to more than 700,000 VND). This level increased by 23 yen compared to the previous week and surpassed the record set in early November. This is also the 13th consecutive week that rice prices have exceeded the 4,000 yen threshold.
The main cause was identified as a drop in production due to extreme heat waves that lasted from the summer of 2024. Faced with rising prices, many Japanese people were forced to switch to cheaper foods such as bread and noodles.
Thai rice prices also rose to their highest in more than four months this week on supply concerns stemming from flooding in the south, while prices for the Indian variety slid to near a one-month low.
According to a trader in Bangkok, Thai 5% broken rice was quoted at $375 a tonne this week, up from $370 a tonne last week due to flooding. This is the highest price recorded since July 24. The trader explained that the price increase only applied to Thai rice in the southern region due to flooding there.
In India, the 5% broken parboiled variety fell to $347-$354 a tonne this week from $348-$356 last week, the lowest in nearly a month. The 5% broken white variety was quoted between $340-$345 a tonne. Demand for Indian rice saw a slight improvement this week as prices fell in line with the rupee’s slide to a record low. BV Krishna Rao, president of the Indian Rice Exporters Association, said the weaker rupee was giving exporters room to lower prices to make them more competitive in attracting demand.
Meanwhile, in Vietnam, 5% broken rice was offered at $365-$370 per tonne, up from $359-$363 a tonne a week earlier, marking the highest level since early November 2025.
Source: https://vtv.vn/gia-gao-nhat-ban-tang-manh-10025120709453481.htm
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