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Asian rice quotes showed Thai 5% white rice free on board at $515 a tonne and Vietnamese at $512 a tonne, while Indian white rice was far cheaper at $385 a tonne. The report is a routine price snapshot.
The wide spread between Indian and Thai or Vietnamese prices limits Asian export competitiveness for higher-priced origins, which keeps global rice values from rising further.
tridge.comMelissa PhanichFeb 2, 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.
