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Indian 5% broken parboiled rice edged up to $375-$380 per tonne from near six-month lows as weaker prices attracted Asian buyers. Vietnamese rice held at $490-$495, its highest since late April, and Bangladesh said it does not need imports this year after a good harvest.
Weak Indian prices and Bangladesh's lack of import needs cap rice demand, though higher Vietnamese offers limit the downside for rice-based feed ingredients.
brecorder.comReutersJun 1, 2023Not 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.
