Loading…
Brazilian rice exports reached 451,300 tonnes in Q1 2022, more than double Q1 2021, and March shipments totaled 180,300 tonnes. Abiarroz expects 2022 exports of at least 1.4 million tonnes, though container shortages caused by the Shanghai lockdown are hampering sales.
Strong Brazilian export flows add to global rice supply, but container scarcity raises costs for shipments of higher-value processed rice.
datamarnews.comGabriel MalheirosApr 27, 2022After 70 past neutral trade events, Rough Rice moved a median +0.2% over 5 sessions (51% higher; middle half -1.3% to +1.9%), and +1.3% over 20.
Not 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.
