# High rice inflation could linger until July as market prices keep going up

> Thailand's National Statistician says rice inflation may persist until July, driven by high world rice prices, El Niño effects and low base-period prices from last year. Domestic rice prices are rising.

- Date: 2024-04-05 · published 2024-04-05T12:00:00.000Z
- Category: weather · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/10813-high-rice-inflation-could-linger-until-july-as-market-prices-keep-going-up
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Higher domestic rice prices reflect firm global rice costs, which can keep rice-based feed ingredient prices elevated for several months.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2017-05-31 | [U.S. rice prices could be headed higher in 2017-18](https://feedsoft.ai/events/71084-u-s-rice-prices-could-be-headed-higher-in-2017-18.md) | -0.8% | +0.9% |
| RICE | 2023-07-14 | [Indian rice prices up 10% in global market, affect export demand - The HinduBusinessLine](https://feedsoft.ai/events/5097-indian-rice-prices-up-10-in-global-market-affect-export-demand-the.md) | -16.0% | -15.2% |
| RICE | 2026-10-22 | [Asia rice: Indian prices hit more than one-year high on strong rupee, tight supply - Markets - Business Recorder](https://feedsoft.ai/events/17169-asia-rice-indian-prices-hit-more-than-one-year-high-on-strong-rupee-tight.md) | -0.4% | — |
| RICE | 2018-09-19 | [Rice prices hit highest level; production target unattainable \| Philstar.com](https://feedsoft.ai/events/63114-rice-prices-hit-highest-level-production-target-unattainable-philstar-com.md) | -1.7% | +8.4% |
| RICE | 2026-08-07 | [Rice prices steam up in Indian domestic market on demand-supply gap, deficient monsoon - The HinduBusinessLine](https://feedsoft.ai/events/17974-rice-prices-steam-up-in-indian-domestic-market-on-demand-supply-gap-deficient.md) | +0.1% | +7.4% |

## Sources

- rappler.com: https://www.rappler.com/business/high-rice-inflation-until-july-2024-market-price-going-up/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.