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Thailand expects 2016 rice exports to reach 10.5 million tonnes, above its 9.5 million tonne target, with 9.33 million tonnes shipped through November. Asian export prices in India and Vietnam weakened on thin demand, while Thai prices widened during a slowing harvest.
Strong Thai export volumes support global rice supply, while soft Indian and Vietnamese prices point to ample availability for rice-based feed ingredients.
riceplusmagazine.blogspot.comRon Smith, Riceplus MagazineDec 8, 2016After 141 past bearish trade events, Rough Rice moved a median +0.6% over 5 sessions (57% higher; middle half -2.3% to +2.4%), and -0.6% 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.
