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A daily rice newsletter reports Vietnamese exporters won 175,000 tonnes of Philippine NFA tender contracts at FOB prices of about $354-371/t. The Vietnam Food Association says demand for Vietnamese rice should remain stable in Q3.
Winning Philippine tender volumes support Vietnamese export demand and firm Asian rice prices, although the tender prices are below the quoted export levels of the period.
riceplusmagazine.blogspot.comRiceplus MagazineAug 1, 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.
