# Rice on Cusp of Fresh 15-Year High in Asia After Sharp Rebound - Bloomberg

> Thai 5% broken white rice, an Asian benchmark, has risen $57 over two weeks to $640 per ton after a period of calm. Prices are just short of the highest since October 2008, reached in August after India's sweeping export curbs.

- Date: 2023-11-30 · published 2023-11-30T12:00:00.000Z
- Category: market · region Asia · magnitude low
- Page: https://feedsoft.ai/events/33235-rice-on-cusp-of-fresh-15-year-high-in-asia-after-sharp-rebound-bloomberg
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Tighter Asian rice supply and firm benchmark prices lift the cost of rice-based feed ingredients and support sentiment across grains; buyers should expect elevated rice prices to persist while Indian export restrictions remain.

## Read by commodity

- RICE: bullish ▲

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2023-11-30/rice-on-cusp-of-fresh-15-year-high-in-asia-after-sharp-rebound

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