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Asian and Middle Eastern rice origins are quoting between $385 and $400 per tonne, with prices homogenized across India, Vietnam and Thailand. Container and vessel shortages limit shipping efficiency, and Vietnam is considering curbing cultivated area.
The US recorded a 37,800 MT sale to Haiti.
Heavy carryover and shipping bottlenecks cap new-crop rice pricing, while a possible Vietnamese acreage cut is a medium-term supportive factor for global prices.
myemail.constantcontact.comAug 20, 2021After 14 past neutral logistics events, Rough Rice moved a median -1.3% over 5 sessions (36% higher; middle half -3.6% to +0.7%), and +1.6% over 20.
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.
