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Vietnam's 5% broken rice export prices rose to $450 per tonne from $440-445 a week earlier as shipments to China recovered and Indonesia bought to rebuild reserves. Indian 5% parboiled quotes eased to $382-387 as the rupee's fall let exporters cut prices, while Thai 5% broken slipped to $455.
Stronger Vietnamese and Indian demand from China and Indonesia supports Asian rice values, while currency weakness in India and Thailand lowers their dollar export prices and adds competitive pressure on the world market.
kitco.comMar 16, 2023Not enough comparable past events yet for a historical read.
Not 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.
