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Vietnamese 5% broken rice export prices eased this week to $405-$450 per tonne, down from $450, as foreign purchases fell and the summer-autumn harvest showed quality problems from heavy rain. Indian parboiled rates rose to $373-$378 per tonne on renewed African demand, while Thai rates firmed on tight supply and a stronger baht.
Cheaper Indian and Vietnamese offers and weak import demand point to further pressure on Asian rice export quotes, while Thai prices stay elevated and uncompetitive.
brecorder.comReutersJun 25, 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.
