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Indian 5% broken parboiled rice export prices fell to $358-$362 a tonne, the lowest since January 2017, as new summer-sown supplies arrive and export demand stays negligible. Vietnamese 5% broken rice was steady at $345-$350 a tonne, with demand described as very weak.
Abundant new-crop Indian supply and weak import demand push global rice export benchmarks lower, pressuring rough rice and feed-grade alternatives.
financialpost.comReutersNov 21, 2019Not 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.
