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Asian rice export prices hit their highest since mid-2021 this week, with India's 5% parboiled quoted at $367-$375 per tonne and Thailand's 5% broken at $404-$405. Tight parboiled supplies and a stronger rupee drove the gains, while Vietnamese prices were steady to slightly firmer.
Firmer Asian export quotes raise global rice import costs and support prices for rough rice and feed-grade alternatives.
brecorder.comReutersJan 13, 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.
