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Asian-American shoppers in US cities are stockpiling rice during the COVID-19 pandemic, with some stores selling out of popular brands. Retailers raised prices as stock ran low, and one store said it was restocking.
Localized retail hoarding is a small, temporary demand effect that is unlikely to move wholesale rice prices materially.
mediamilwaukee.comWat LeeApr 25, 2020Not 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.
