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Rice futures fell below $13/cwt, their weakest since mid-May, as bumper crops from major exporters flooded the market. India is forecast to harvest a record 146 million tonnes and is diverting 5.2 million tonnes into ethanol, while Thai and Vietnamese export offers have fallen.
Expanding Indian supply, ethanol diversion and lower Asian export offers reinforce bearish pressure on rough rice futures and global milled rice prices.
tradingview.comJun 26, 2025Not 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.
