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Indian 5% broken parboiled rice export quotes fell to $442-$449 per ton, the lowest since July 2023, with white rice at $449-$455. Thai 5% broken rice slipped for a second week to $485-$495 per tonne as the baht weakened.
Bangladesh is considering cutting rice import tariffs to 5% as local prices rise.
Weaker rupee and new-season supply are pulling Asian export prices lower, and competition among exporters is intensifying, which points to softer global rice prices.
brecorder.comReutersOct 31, 2024Not enough comparable past events yet for a historical read.
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.
