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Parboiled rice from India rose to record highs this week at $533-$542 per ton, while prices eased in Vietnam and Thailand. Traders cited limited supplies after government paddy buying and new-crop milling, alongside steady demand from Asian and African buyers.
Tight Indian supplies and possible further export curbs support global rice prices, though slow trade and the coming Mekong harvest could cap gains.
business-standard.comReutersJan 26, 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.
