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Indian 5% broken parboiled rice hovered near a three-month low at $528-$536 per ton amid sluggish demand. Thai rates rose to $588-$595, and Vietnam exported 3.23 million tons in the first four months, up 11.7%.
Abundant Indian supply weighs on global rice prices while Thai strength offsets some pressure. The net effect is a soft to stable rice price outlook.
brecorder.comReutersMay 2, 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.
