# Asia rice: Flood-hit BD races to restock as strong dollar hits imports - Markets - Business Recorder

> Flood-hit Bangladesh is restocking rice but imports are slowed by a weakening local currency against the dollar, with traders reporting limited import volumes despite government measures. Indian 5% broken parboiled rice was unchanged at $362-368 per tonne while Thai 5% broken fell to $400 from $420 on weaker FOB prices and good rains.

- Date: 2022-07-29 · published 2022-07-29T12:00:00.000Z
- Category: market · region Asia · magnitude low
- Page: https://feedsoft.ai/events/40562-asia-rice-flood-hit-bd-races-to-restock-as-strong-dollar-hits-imports-markets
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md), [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Weaker Asian currencies and softer Thai and Vietnamese export prices point to ample near-term rice supply, though India's lagging plantings could firm prices later.

## Read by commodity

- DXY: bullish ▲
- RICE: bearish ▼
- USDINR: bullish ▲

## Sources

- brecorder.com: https://www.brecorder.com/news/40188814

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