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Chinese demand for Indian 100% broken white rice has slowed as most Chinese traders have used up their import quotas. Platts assessed Indian 100% broken rice at $336/mt FOB on July 17, down $2 on the week but up $17 on the month.
Weaker Chinese purchasing of Indian broken rice adds mild downward pressure on Asian rice prices.
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.