# Asia Rice: Top hubs see muted activity

> Asian export rice prices were little changed in major hubs with few new deals. Vietnam's 5% broken rice held at $350 a tonne and is expected to fall as the summer-autumn harvest peaks mid-June. Bangladesh lifted its long-standing rice export ban aiming to sell up to 1.5 million tonnes.

- Date: 2019-05-30 · published 2019-05-30T12:00:00.000Z
- Category: market · region Asia · magnitude low
- Page: https://feedsoft.ai/events/59170-asia-rice-top-hubs-see-muted-activity
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Bangladesh's return to export markets and the Vietnamese harvest add supply to Asian rice, pressuring export prices lower. Rice is a minor feed ingredient, so the effect on feed costs is limited.

## Read by commodity

- RICE: bearish ▼

## Sources

- thehansindia.com: https://www.thehansindia.com/hans/opinion/news-analysis/asia-rice-top-hubs-see-muted-activity-533833

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