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Indian 5% broken parboiled rice eased to $379-$384 per tonne as the rupee weakened and demand slowed after a jump in Indian prices. In Vietnam, 5% broken rates fell to $355-$360 per tonne ahead of the country's largest harvest, expected to begin within two weeks.
Lower Vietnamese offers ahead of the main harvest add export supply and pressure Asian FOB rice prices, while the weak rupee aids Indian competitiveness.
Not enough comparable past events yet for a historical read.
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.