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Vietnamese 5% broken rice export prices rose to a three-and-a-half-month high, with offers at $415-$420 per tonne. Thai and Indian quotes were steady to slightly lower, and domestic feed mills are buying more rice as wheat and corn prices rally.
Firm feed demand and higher shipping costs are supporting Asian rice export prices, although foreign demand remains muted and some traders are holding back on new contracts.
brecorder.comReutersMar 18, 2022Not enough comparable past events yet for a historical read.
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.
