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Myanmar B1 and B2 broken rice prices fell to $264/mt FOB on July 25, a 5.5-year low, as demand weakened from China, the EU, Indonesia and the Philippines. Chinese buyers have shifted toward A1 and A2 varieties.
Weak demand from major importers and a price discount to other Asian origins point to continued downward pressure on lower-grade broken 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.