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Rice Bran Technologies reports supply problems, including an unplanned mill shutdown, and rising competition from Chinese buyers who are exporting rice bran to China. The company is pursuing a supply agreement with a new mill.
Growing Chinese demand for rice bran competes with domestic feed and food ingredient supply and could tighten bran availability and raise its price.
nutraingredients.comHank SchultzAug 9, 2018After 442 past trade events, Rough Rice moved a median +0.2% over 5 sessions (52% higher; middle half -1.8% to +2.3%), and +0.6% 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.
