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Vietnamese rice prices rose in domestic and export markets on strong demand and limited supply. Jasmine rice reached $565-570 a tonne and 5% broken was quoted at $410-420, with Bangladesh and the Philippines planning purchases.
Import commitments from Bangladesh and the Philippines, combined with farmers holding stock, support firmer Vietnamese export offers and higher Asian rice benchmarks.
english.vov.vnVNAJun 17, 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.
