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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 mar 2020Tras 179 eventos alcista de clima pasados, Arroz cáscara se movió una mediana de +0,4 % en 5 sesiones (55% al alza; mitad central entre -1,4 % y +2,5 %), y +2,2 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
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.
