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Drought in Thailand tightened supply expectations and lifted Thai 5% broken rice export prices to $470-$495 per tonne, the highest since August 2013. Vietnamese rates also rose to more than a one-year peak on strong domestic demand amid the coronavirus outbreak.
Drought-driven supply concern and firm demand push Asian rice export prices higher, supporting rice and grain-substitute values for feed buyers.
reuters.comBrijesh Patel12.03.2020Nach 179 vergangenen Ereignisse (bullisch, Wetter) bewegte sich Paddy-Reis im Median über 5 Handelstage um +0,4 % (55% höher; mittlere Hälfte -1,4 % bis +2,5 %) und über 20 Handelstage um +2,2 %.
Veränderungen des Benchmarks jedes Rohstoffs seit dem letzten Schluss vor dem Ereignis. Historische Werte bündeln frühere Ereignisse derselben Art; sie beschreiben, was passiert ist, nicht was passieren wird. Keine Anlageberatung.
Thai drought tightening supply pushed Asian export prices to multi-year highs just before the move, supporting a global rough rice rally.
Thai drought tightened supply expectations and lifted Thai 5% broken export quotes to the highest since 2013, with Vietnamese rates also rising on virus-related demand, which supports rough rice futures.
Thai drought tightened supply expectations and lifted Thai 5% export quotes to multi-year highs on 2020-03-12, within the window, supporting global rough rice prices.
Thai drought pushed Asian export prices to multi-year highs, raising global supply concerns and supporting prices across the rice complex.
