Loading…

Vietnam's 5% broken rice fell to $415-$430 per ton, its lowest since August 21, on subdued demand and poor crop quality. Indian rates held steady, while heavy rains from a cyclone in eastern India threatened paddy yields, and Thai 5% rice rebounded slightly from an 18-year low.
Weak demand and plentiful harvests keep Asian export prices depressed, although flood-related yield risk in India could offer limited support. Buyers should expect soft rice prices to persist in the near term.
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.