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Thai rice export prices fell 3.4% in January to $395 a ton from a mid-January high, according to the Thai Board of Trade. Thai output is forecast to rise 17.7% to 18.6 million tons in 2016-17, with exports near 10 million tons.
Expanding Thai and Vietnamese supply and a record global crop put downward pressure on world rice prices.
customstoday.mediaCT ReportFeb 25, 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.
