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Bangladesh's coarse rice prices rose 42% over the past year, reaching Tk 45-46 a kg. The government plans to import 300,000 tonnes of rice urgently after flood and blast damage cut boro output and public stocks fell to a six-year low.
Emergency Bangladeshi import tenders of 150,000 to 300,000 tonnes add to global import demand and support export prices for Asian rice.
online91.thedailystar.netReaz AhmadJun 6, 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.
