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Vietnam's 5% broken rice was offered at an average of $498 per metric ton, a peak since April 2021. Thailand's 5% broken prices were unchanged at $490-$495, and Indian parboiled rice rose to a three-month high of $390-$398 after a government procurement hike and tight supplies.
Tight old-crop supplies and El Niño threats to Asian output support firmer rice prices, which could raise feed-grade rice and related costs for buyers.
brecorder.comReutersJun 15, 2023After 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.
