
Thai 5% broken rice was quoted at $370 per tonne, its highest since July 31 and up $30 week on week, as flooding damaged some production areas and traders cited sales to China and a firmer baht. Indian parboiled prices slipped to $348-356 per tonne on sluggish demand and a rupee near a record low.
Flood damage and China sales support Thai export quotes, while weak Indian pricing and a soft rupee point to competitive pressure from India. Buyers should expect firm Thai values but cheaper Indian supply.
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.
Same Thai price rally (near 4-month high on flooding, China demand, firmer baht) reported a few days earlier, building bullish momentum ahead of the move.