# Grain market review: Rice | World Grain

> The International Grains Council reported that average international rice prices were little changed month-on-month in mid-February, as Lunar New Year slowed sales. Thai 5% broken fell $23 to $460 per tonne fob Bangkok, while Indian 5% broken rose $15 to $433.

- Date: 2023-02-22 · published 2023-02-22T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/37405-grain-market-review-rice-world-grain
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Flat-to-mixed export quotes with weak buying interest point to soft near-term rice demand, while Indian firmness and a South American drought-driven abandonment of Argentine rice acreage offer some support.

## Read by commodity

- RICE: neutral

## Sources

- world-grain.com: https://www.world-grain.com/articles/18141-grain-market-review-rice

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