# Indian prices rise; high Thai rates stoke competition worries - Markets - Business Recorder

> Indian 5% broken parboiled rice was quoted at $383-$390 per tonne, up from the prior week, as the rupee hit a four-month high. Thai rates rose to $515-$520, and Bangladesh approved the purchase of 150,000 tonnes from NAFED.

- Date: 2021-01-07 · published 2021-01-07T12:00:00.000Z
- Category: trade · region India · magnitude low
- Page: https://feedsoft.ai/events/49239-indian-prices-rise-high-thai-rates-stoke-competition-worries-markets-business
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Stronger Indian export prices and rising Bangladeshi import demand support global rice prices, while Thai price increases raise competitiveness concerns for Thai exporters.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2021-01-23 | [Indian rice prices up; Thai higher prices dampen demand - Markets - Business Recorder](https://feedsoft.ai/events/49240-indian-rice-prices-up-thai-higher-prices-dampen-demand-markets-business-recorder.md) | +1.4% | -2.9% |
| RICE | 2023-12-28 | [Asia rice-Thai rates soar to 15-year highs - Markets - Business Recorder](https://feedsoft.ai/events/32790-asia-rice-thai-rates-soar-to-15-year-highs-markets-business-recorder.md) | -1.9% | +4.2% |
| RICE | 2022-11-25 | [Tight supplies lift Vietnam rice rates to 16-month high - Markets - Business Recorder](https://feedsoft.ai/events/38753-tight-supplies-lift-vietnam-rice-rates-to-16-month-high-markets-business.md) | -1.2% | -0.3% |
| RICE | 2021-01-29 | [ASIA RICE-India prices hit 2-yr peak; Vietnam grapples with supply woes - Markets - Business Recorder](https://feedsoft.ai/events/49238-asia-rice-india-prices-hit-2-yr-peak-vietnam-grapples-with-supply-woes-markets.md) | -2.7% | -4.8% |
| RICE | 2020-12-31 | [Vietnam rates hit 9-year peak on supply crunch; Thai rates dip - Markets - Business Recorder](https://feedsoft.ai/events/49712-vietnam-rates-hit-9-year-peak-on-supply-crunch-thai-rates-dip-markets-business.md) | +2.0% | +10.3% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40048717

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.