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Thai 5% broken rice export prices fell to $550-$560 per ton, the lowest since July 2023, on quiet demand and competition from cheaper suppliers. Indian 5% parboiled prices edged up to $530-$536 per ton as a stronger rupee lifted quotes, though buyers held off awaiting export duty changes.
Lower Thai and Vietnamese offers combined with firmer Indian quotes signal a soft global rice market, with buyers waiting on India's policy moves to set the next price direction.
brecorder.comReutersSep 26, 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.
