◂ Event Timeline

Feb 16, 2022TRADEThailand

Thailand to Give Stiff Competition to India in Rice Exports

USDA projects Thai rice output at 20.8 million tonnes in 2021-22 and exports up 31% to about 8 million tonnes. Thai parboiled rice is priced at $395 against Indian parboiled at $370-376.

WHY IT MATTERS

Expected rebound in Thai exports adds competitive supply to the global rice market, which is bearish for Asian rice export prices, especially Indian parboiled.

AFFECTSRough Rice▼

SOURCE
krishijagran.comShivam DwivediFeb 16, 2022

Price reaction & history

Rough Rice▼bearishSO FAR1d +0.5%5d +1.7%20d +7.1%

After 141 past bearish trade events, Rough Rice moved a median +0.6% over 5 sessions (57% higher; middle half -2.3% to +2.4%), and -0.6% over 20.

Apr 3, 2025Indian rice turns competitive in the global market, exports may pick up from June - The HinduBusinessLine+2.5%
Oct 11, 2019India’s Rice Exports Drops 29% due to Less Demand from African Countries-0.4%
Dec 30, 2024India: Rice exports surge after easing of curbs+0.7%
Mar 30, 2018“Thai Rice Exporters Association” Search Results - Bangkok Post : The world windows to Thailand+1.1%
Dec 27, 2025Thai rice faces stiff headwinds as Commerce Ministry sets 2026 export target at 7 million tonnes+1.4%

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.

Rough Rice RICE · GP ▸

——— · ·

Loading…