Global trading platform TridgeGlobal trading platform TridgeGlobal trading platform Tridge
Intelligence & Data
Sign In
Current Plan
Intelligence & Data Solution
Get started with Premium Plan of our Intelligence & Data Solution to get access to premium content and data in food and agriculture
Data Analysis

Lower Brazilian Rice Prices Allow to Maintain Market

Grain & Cereals
Price Trend


The wholesale price of rice in the Brazilian market fell -15.98% YoY to 0.66 USD/KG in W3 October 2021. Rice price decline also occurred in China which fell -4.12% YoY to 0.71 USD/KG in the same period, but still higher than Brazil. The lowest price level has enabled Brazil to maintain its market share this year to continue last year's significant profit. Meanwhile, China is hesitating whether to continue importing from Vietnam or looking for alternative suppliers due to the increased rice prices in Vietnam.
Oct 18, 2021
By Fardhani Pradipta
Was this insight helpful?
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.