Loading…
Platts assessed Vietnamese 5% broken white rice at an all-time low of $374/mt FOB on June 26, down $23/mt month over month, as the new summer-autumn crop entered the market. Buyers have held back awaiting better-quality grain at peak harvest, and Philippine buyers are favoring Myanmar and Thai origins.
Record-low Asian export quotes and weak import demand point to continued pressure on global rough and milled rice prices, with limited support for the rice complex.
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.