Loading…
Indian 5% broken parboiled rice rose to $544-$552/t, near a three-month high, after India raised its paddy procurement price 5.4% to 2,300 rupees per 100 kg. Thai 5% broken slipped to $615-$620, while Vietnamese rice eased to $570 as buyers waited for the Philippines to finalize its tariff cut.
A higher paddy support price lifts Indian export floor prices, though buyers are holding back pending the Philippine tariff decision, limiting near-term export volume.
gfmdhaka.comGrain Feed, Milling NewsJun 24, 2024After 168 past bullish policy events, Rough Rice moved a median +0.8% over 5 sessions (57% higher; middle half -1.7% to +2.1%), and -0.4% over 20.
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.
