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CME Group published an analysis on rising volatility in Asian rice markets, noting Thailand's expected 2020-21 rice output of about 19 million tonnes and exports near seven million tonnes. It describes how volatility has pushed the market toward short supply chains and new hedging needs.
Growing price risk in Thai rice and the launch of Thai rice futures for hedging could change how exporters price and finance rice trade, though it does not itself shift near-term supply or demand.
cmegroup.comauthors/paul-wightmanNov 24, 2020Not 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.
