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An analysis piece says Thai and Vietnamese export rice prices fell over $160/mt, or 29%, in the last six months and appear to have found a floor near $400/mt. It attributes the prior downturn to India's record production and Indonesia's import patterns.
Export prices stabilizing near a floor suggests the bearish supply overhang is easing, but ample Indian output still caps any strong recovery.
ricenewstoday.comRice NewsMay 19, 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.
