# Prices drop in major exporters on weak demand

> 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.

- Date: 2017-08-31 · published 2017-08-31T12:00:00.000Z
- Category: market · region Asia · magnitude low
- Page: https://feedsoft.ai/events/69524-prices-drop-in-major-exporters-on-weak-demand
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

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.

## Read by commodity

- RICE: bearish ▼

## Sources

- zeebiz.com: https://www.zeebiz.com/world/report-prices-drop-in-major-exporters-on-weak-demand-22983

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