Loading…
Thai white rice was quoted at $601 per tonne as of March 27. Rice exporters expect global prices to rise in the second quarter due to El Niño and India's rice export restrictions.
Expected tightening from El Niño and Indian export curbs points to higher rice prices, which can raise costs for rice-based feed and tighten supply of broken rice used in feed.
bangkokpost.comPhusadee ArunmasApr 7, 2024After 179 past bullish weather events, Rough Rice moved a median +0.4% over 5 sessions (55% higher; middle half -1.4% to +2.5%), and +2.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
