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Global rice export prices eased in October as new-crop supplies arrived in major exporters and the US dollar strengthened. IGC reported softer Thai, Pakistani and Indian quotations, while USDA reports showed Thai and Burmese prices falling as harvests came in.
Harvest-driven supply increases and a firmer dollar weigh on export quotes, which pressures rice values for importers in the near term.
world-grain.comChris LyddonOct 25, 2022Not 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.
