
Indian 5% broken parboiled rice was quoted at $348-$353 per metric ton, down from the prior week. The rupee fell to a record low, and about 400,000 tons of Indian basmati were held at ports and in transit as freight rates more than doubled after the Iran attack.
Surplus Indian supplies and a weaker rupee lower export prices, while higher freight costs stall deals and add to the downward pressure on Asian rice values.
After 141 past bearish trade events, Rough Rice moved a median +0.6% over 5 sessions (57% higher; middle half -2.3% to +2.4%), and -0.6% 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.