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Thai 5% broken white rice fell to about $398 per ton FOB, the lowest since July 2022, as new crop harvests and weak demand weighed. Thai rice exports are projected to fall more than 24% to 7.5 million tonnes in 2024-25.
Falling Thai export prices and a sharp export decline signal a well-supplied market, pressuring global rice benchmarks.
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.