Loading…
Thailand says it will not halt rice exports and expects to benefit from India's late-July order halting its largest rice export category. The Indian move is expected to roughly halve shipments by the world's largest exporter.
Thailand gaining export share while India's shipments are halved supports higher Asian rice prices and tighter global availability for importers.
reuters.comKitiphong ThaichareonAug 7, 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.
