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Vietnamese export rice prices hit record highs, with five-percent broken rice sold at $670-680 per ton. Exporters have low remaining stocks and strong orders from Indonesia and other countries.
Forecasts suggest prices may rise further through year-end.
Tight Vietnamese supplies and strong import demand, alongside India's continued ban, support global rice prices.
news.tuoitre.vnHong NganOct 24, 2023After 189 past bullish trade events, Rough Rice moved a median +0.2% over 5 sessions (52% higher; middle half -1.7% to +2.4%), and +1.0% 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.
