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Asian rice export markets were subdued in early November, with Indian 5% parboiled quoted at $344-350 per tonne and Thai 5% broken at $338. Vietnam's October rice exports fell 56.2% year on year, and Thailand agreed a draft sale of 100,000 tonnes to Singapore.
Sluggish demand and rising harvest supplies are pushing Asian rice quotes lower, which weighs on feed-grade broken rice costs. Vietnam's export slump signals reduced global supply flow.
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.