# Thai rice prices rise to one month peak - Markets - Business Recorder

> Thai 5% broken rice quotes rose to $505-$533 per tonne, the highest since early May, on a strong baht and ongoing supply concerns after drought. Vietnamese rates held at $475, their highest since 2012, while Indian prices were unchanged at a two-month low.

- Date: 2020-06-15 · published 2020-06-15T12:00:00.000Z
- Category: market · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/52694-thai-rice-prices-rise-to-one-month-peak-markets-business-recorder
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Thai prices are being lifted by currency strength and tight domestic supply, but they risk losing export business to cheaper Asian offers, which limits the upside.

## Read by commodity

- RICE: bullish ▲

## Sources

- brecorder.com: https://www.brecorder.com/news/1004589

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