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Vietnam exported 3.87 million tonnes of rice worth US$1.66 billion in the first eight months of 2017, up 17.7% in volume year on year. The Vietnam Food Association said the summer-autumn crop came in below expectations and that autumn planting in some areas has been flooded.
Strong export volumes combined with lower-than-expected output and flood damage tighten Asian rice supply and support export prices. The effect on feed-grade rice is likely modest.
riceplusmagazine.blogspot.comRiceplus MagazineSep 19, 2017After 189 past bullish trade events, Rough Rice moved a median +0.2% over 5 sessions (52% higher; middle half -1.7% to +2.4%), and +1.0% 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.
