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Indian 5% broken parboiled rice rose to $393-$398 per tonne, the highest since April 2021, on firm demand and tight supplies available to private exporters. Thai 5% broken eased slightly to $495 per tonne while Vietnamese offers were $445-$450.
Tight Indian private supplies and high freight costs keep export prices elevated, supporting world rice values until new Thai supply arrives in March.
kitco.comFeb 2, 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.
