# Grain Market Review: Rice | 2020-03-02  | World Grain

> Rice prices were firmer at the start of 2020, with the US and Thailand posting higher quotes. US industry sources cited tight Gulf supplies and a bidding war among buyers, and noted the phase one US-China trade deal's potential to boost rice exports.

- Date: 2020-03-02 · published 2020-03-02T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/54208-grain-market-review-rice-2020-03-02-world-grain
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Tight near-term supplies and new export access for US rice support a firmer rice price outlook, though the story is a weekly market review rather than a new shock.

## Read by commodity

- RICE: bullish ▲

## Sources

- world-grain.com: https://www.world-grain.com/articles/13348-grain-market-review-rice

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