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Platts assessed Thai 5% white rice at $483/mt FOB on June 25, up $9 week over week. Exporters are divided on whether new second-crop supplies from late July will push prices down, with Malaysia, Philippines and Iraq buying.
Near-term buying support is offset by expected late-July new-crop arrivals, leaving Thai rice prices balanced with downside risk later in summer.
Not enough comparable past events yet for a historical read.
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.