Vietnam's farm markets moved in opposite directions last week. Rice export prices rose by $4 to $15 a tonne depending on the grade because of tight domestic supply, while coffee prices in the Central Highlands fell another 2,500-2,700 dong/kg to around 86,500-87,000 dong/kg, the lowest since mid-June, VietnamPlus reported.
Vietnamese rice gains ground
According to the Vietnam Food Association, 5% broken fragrant rice traded at $500 to $515 a tonne, up $15; Jasmine was offered at $535 to $539, up $8; and 100% broken rice at $390 to $394, up $4. KBVN+ compares the prices with Vietnam's main rivals using VietnamPlus data:
| Country | Grade | Offer price ($/tonne) | Weekly change |
|---|---|---|---|
| Vietnam | 5% broken fragrant | 500-515 | +15 |
| Vietnam | Jasmine | 535-539 | +8 |
| Thailand | 5% broken | 480 | Steady |
| India | 5% broken parboiled | 387-392 | Unchanged |
| India | 5% broken white | 389-394 |
A trader in Ho Chi Minh City said supply is very thin: the autumn-winter harvest will not start until the end of November 2026, with output forecast at only half that of the summer-autumn crop, and El Nino is likely to affect output from next year. He expects prices to keep rising from next month as the Philippines returns to buy Vietnamese rice. A Bangkok trader noted that some buyers, such as in Africa, have switched to cheaper Indian rice.
In An Giang, fresh Dai Thom 8 paddy rose 200 dong to 6,500-6,700 dong/kg, while OM 18 (6,500-6,650 dong/kg) and IR 50404 (6,100-6,200 dong/kg) each gained 100 dong. CL 555 raw rice rose 300 dong to 9,000-9,200 dong/kg.
Coffee falls despite limited new-crop supply
Coffee traded at 86,500-87,000 dong/kg in Lam Dong and 87,000 dong/kg in Dak Lak and Gia Lai. Global prices eased slightly after earlier gains: London robusta for November 2026 delivery traded at $3,177 to $3,219 a tonne, and New York arabica for November and December 2026 around 285.45-287.20 cents/lb.
US grains extend losses
On 30 October in Chicago, December 2026 wheat fell 0.25 cents to $6.035 a bushel, corn fell 3.5 cents to $4.4775 and soybeans fell 0.5 cents to $12.3425. Wheat posted a ninth straight weekly loss, pressured after Russia allowed grain ships to leave the Sea of Azov for the first time since July 2026; corn fell for a fifth week and soybeans for a third.
Why it matters
For Mekong Delta rice farmers, firmer paddy prices amid thin supply are a positive sign ahead of the autumn-winter crop. Central Highlands coffee growers, by contrast, face prices at a near five-month low at the start of the new season.
What comes next
Key factors to watch are the autumn-winter harvest at the end of November 2026, a possible return of Philippine buying from next month, rising Indian new-crop supply in central and southern states from next month, and the US midterm elections and Middle East tensions, which are pulling money out of commodities.