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Rice prices in India and Vietnam rose this week as heavy rains delayed harvesting of India's summer crop and damaged Vietnamese crops. India's 5% broken parboiled edged up to $404-407 a tonne, and Indian summer-crop output is estimated to fall 2% to 94.48 million tonnes.
Weather-driven supply losses in the two largest exporters tighten global export availability and support Asian rice prices.
zeebiz.comReutersOct 19, 2017After 179 past bullish weather events, Rough Rice moved a median +0.4% over 5 sessions (55% higher; middle half -1.4% to +2.5%), and +2.2% 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.
