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Asian rice export prices rose this week, with Vietnam's 5% broken rice offered at $440-$445 per tonne and Thailand's 5% broken at $427-$440. Strong demand from Indonesia's Bulog and low Vietnamese domestic supplies drove the gains, while cheaper Indian rice attracted some buyers.
Firmer Asian rice export prices driven by Indonesian procurement tighten global rice supply and lift costs for rice-based feed ingredients, though cheaper Indian supply limits the rally.
brecorder.comReutersDec 1, 2022After 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.
