◂ Event Timeline

Oct 3, 2019TRADEAsia

Asia rice-waning demand prompts Indian, Thai exporters to lower prices

Asian rice export prices fell as weak demand and currency moves led Indian and Thai sellers to cut quotes. Thai 5% broken rice was quoted at US$396-417 a tonne, and Indian parboiled prices slipped further.

WHY IT MATTERS

Weak export demand and lower Indian and Thai prices point to ample global supply and softer rice pricing. Feed buyers may see cheaper rice-based feed inputs.

AFFECTSRough Rice▼

SOURCE
businesstimes.com.sgOct 3, 2019

Price reaction & history

Rough Rice▼bearishSO FAR1d 0.0%5d +2.5%20d -0.1%

After 141 past bearish trade events, Rough Rice moved a median +0.6% over 5 sessions (57% higher; middle half -2.3% to +2.4%), and -0.6% over 20.

Jan 30, 2025Weak international export demand drives Platts Asian rice prices lower | S&P Global-4.5%
Sep 21, 2023Asia rice: India’s export curbs stall trade; prices in other hubs decline - Markets - Business Recorder+1.3%
Oct 11, 2019India’s Rice Exports Drops 29% due to Less Demand from African Countries-0.4%
Feb 7, 2020India rice exports hit 8-year low as price rise dents demand | Daily FT-1.6%
Apr 18, 2019India rice rates dip as demand slows, Bangladesh to review export ban - South Asia News-3.1%

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.

Rough Rice RICE · GP ▸

——— · ·

Loading…