# Asia rice: Rates rise in top hubs, Thai prices hit near 2-month peak - Markets - Business Recorder

> Thai 5% broken rice rose to $600 per ton from $588-$595 last week, helped by a stronger baht. Indian and Vietnamese quotes also edged up on tight domestic supplies, while Bangladesh said it does not need to import rice this year.

- Date: 2024-05-09 · published 2024-05-09T12:00:00.000Z
- Category: market · region Asia · magnitude low
- Page: https://feedsoft.ai/events/30325-asia-rice-rates-rise-in-top-hubs-thai-prices-hit-near-2-month-peak-markets
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Firmer Asian export quotes support global rice values, but traders expect off-season supply in June and July to cap gains. Buyers should expect rice to stay range-bound.

## Read by commodity

- RICE: bullish ▲

## Sources

- brecorder.com: https://www.brecorder.com/news/40302633

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.