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Thai and Vietnamese 5% broken rice prices slipped on slow buying as exporters await Philippine import tariff changes. Thai rates fell to $585/t, their lowest since April, and African demand for Indian rice slowed on high freight rates.
Softer Asian export quotes and delayed buying point to bearish near-term rice pricing, with a new supply wave expected to add pressure.
marketscreener.comReutersJul 5, 2024Not 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.
