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Thai 5% broken rice export prices fell to their lowest level since early March, quoted at $455-$485 per tonne, as weak domestic currency and flat demand weighed. Vietnamese 5% broken rates rose to a three-week high after persistent rain in the Mekong Delta hampered the summer-autumn harvest.
Thai prices are falling on soft demand while Vietnamese supply concerns from harvest delays push prices up, leaving the regional rice market mixed. Feed buyers face limited direct impact because rice is a minor feed input, but harvest disruption in Vietnam could tighten supplies.
brecorder.comReutersJul 9, 2020After 31 past neutral weather events, Rough Rice moved a median -0.0% over 5 sessions (48% higher; middle half -2.1% to +2.1%), and -1.5% over 20.
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.
