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Vietnam exported over 5.2 million tons of rice worth $2.6 billion in January-October, up 3.4% in volume and 16.1% in value. Exports to China fell 37.2% in volume, and the average export price rose 13.7% to $503 per ton.
Higher average export prices and a 6.5 million ton full-year target suggest firm Vietnamese supply, while the sharp drop in China-bound volume signals weaker demand from a key buyer.
xinhuanet.comNov 5, 2018After 70 past neutral trade events, Rough Rice moved a median +0.2% over 5 sessions (51% higher; middle half -1.3% to +1.9%), and +1.3% 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.
