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Thai rice exports in January and February 2018 rose 10% year on year to 1.91 million tonnes. Export orders are reportedly falling because of the strong baht.
A strong baht makes Thai rice less competitive and slows new orders, which pressures Asian export quotations.
After 141 past bearish trade events, Rough Rice moved a median +0.6% over 5 sessions (57% higher; middle half -2.3% to +2.4%), 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.