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Rice export prices fell this week in Thailand, Vietnam and India as export demand weakened and buyers waited for further declines. Thai 5% broken rice slipped to $370-375/t FOB Bangkok, while Indian parboiled prices dropped $3 to $400-403/t.
Lower Asian rice export quotes reduce the cost of rice-based feed ingredients and weigh on global rice prices, with traders expecting softness until October as new crops arrive.
zeebiz.comReutersAug 31, 2017Not enough comparable past events yet for a historical read.
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.
