# Positive price movements for rice | The Land | NSW

> SunRice raised its estimate for base-grade medium grain paddy for the 2017 crop to A$335-365 per tonne, up A$35 from its August indication. The uplift reflects firmer international rice prices, and the company expects the 2018 Riverina crop to be about 600,000 tonnes, down from 802,000 tonnes.

- Date: 2018-01-26 · published 2018-01-26T12:00:00.000Z
- Category: market · region Australia · magnitude low
- Page: https://feedsoft.ai/events/67077-positive-price-movements-for-rice-the-land-nsw
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Higher international prices and a smaller Australian crop support Australian paddy values and tighten regional supply.

## Read by commodity

- RICE: bullish ▲

## Sources

- theland.com.au: https://www.theland.com.au/story/5186793/positive-price-movements-for-rice/

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