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Platts assessed Thai Hom Mali 100% Grade B rice at $1,084/mt FOB on May 26, up $125/mt month over month and the highest since October 2024. Market participants at the Thailand Rice Convention expect further gains as supplies stay limited until the November-December harvest.
Tight premium Thai supply plus US stockpiling during the tariff suspension supports fragrant rice prices, though this is a niche premium variety with limited direct link to feed grain prices.
spglobal.comTanya Rana, Ayushi BaloniMay 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.
