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Thailand's benchmark 5% broken rice rose to $406-435 per tonne in the week to August 10, up from $395-405 the previous week. Vietnamese rates were flat at $340-350, and Indian parboiled prices fell on the weaker rupee.
Dry conditions in Thailand reduced grain quality and lifted domestic prices.
Drought-related quality losses and tighter Thai supply support higher Asian rice quotes, although the stronger Thai premium may limit export competitiveness.
en.qdnd.vnAug 10, 2019After 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.
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.
