# Asia Rice-Indian prices extend gains as Thailand battles drought | Financial Post

> 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.

- Date: 2020-01-31 · published 2020-01-31T12:00:00.000Z
- Category: weather · region Thailand · magnitude medium
- Page: https://feedsoft.ai/events/55154-asia-rice-indian-prices-extend-gains-as-thailand-battles-drought-financial-post
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md), [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Drought-driven tightness in Thailand and firm Indian export quotes point to higher Asian rice prices, with the baht weakness partly offsetting gains.

## Read by commodity

- RICE: bullish ▲
- USDTHB: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2019-12-27 | [Asia Rice-Thai rice export prices rise as drought triggers future supply concerns \| Financial Post](https://feedsoft.ai/events/55666-asia-rice-thai-rice-export-prices-rise-as-drought-triggers-future-supply.md) | +0.9% | +4.6% |
| RICE | 2020-03-30 | [Rice prices hit 6-year high as Thailand and Vietnam face drought - Nikkei Asia](https://feedsoft.ai/events/54207-rice-prices-hit-6-year-high-as-thailand-and-vietnam-face-drought-nikkei-asia.md) | +4.2% | +21.5% |
| RICE | 2020-03-19 | [Asia Rice-Thai, Vietnam rates jump as virus spread raises supply concerns \| Financial Post](https://feedsoft.ai/events/8697-asia-rice-thai-vietnam-rates-jump-as-virus-spread-raises-supply-concerns.md) | -4.7% | +0.2% |
| RICE | 2026-05-13 | [El Niño fears push rice importers to build stocks as Thailand watches drought risk](https://feedsoft.ai/events/19304-el-nino-fears-push-rice-importers-to-build-stocks-as-thailand-watches-drought.md) | +7.7% | +2.4% |
| RICE | 2020-03-06 | [Asia Rice-Drought-hit Thailand's rates soar to 6-1/2 yr peak on supply dearth](https://feedsoft.ai/events/7987-asia-rice-drought-hit-thailand-s-rates-soar-to-6-1-2-yr-peak-on-supply-dearth.md) | +0.9% | +9.3% |

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/asia-rice-indian-prices-extend-gains-as-thailand-battles-drought-2

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