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Indian 5% broken parboiled rice was quoted at $362 to $365 per tonne, its highest since late July, as a stronger rupee reduced export returns and supply was limited. Thai 5% broken prices fell to $385 to $390 per tonne as the baht weakened and high shipping costs deterred buyers.
Export prices are moving in different directions across the main Asian suppliers, so the global benchmark is mixed. Thai weakness and higher freight could shift buying toward Indian and Vietnamese rice.
agrinews.inOct 23, 2021Not 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.
