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India's 5% broken parboiled rice prices rose to their highest since early October, around $369-$373 per tonne, on African buyer demand. Thai prices eased slightly but remain near their highest since June 2017 as drought squeezes supply.
Drought-driven tightness in Thailand and firm Indian export quotes point to higher Asian rice prices, with the baht weakness partly offsetting gains.
financialpost.comReutersJan 31, 2020After 179 past bullish weather events, Rough Rice moved a median +0.4% over 5 sessions (55% higher; middle half -1.4% to +2.5%), and +2.2% over 20.
Not 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.
