# Thai rates slip as demand drops, rains hamper Vietnamese harvest - Markets - Business Recorder

> Thai 5% broken rice export prices slipped to $480-515 a tonne from $514-520 the prior week, the lowest since late May, as demand sagged and the baht weakened. Vietnamese prices rose slightly as persistent rain in the Mekong Delta slowed the summer-autumn harvest.

- Date: 2020-07-02 · published 2020-07-02T12:00:00.000Z
- Category: market · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/7941-thai-rates-slip-as-demand-drops-rains-hamper-vietnamese-harvest-markets
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Weak Thai demand is pressuring export quotes, while Vietnamese harvest delays partly offset the decline. Net pressure on global rice prices is mixed and limited in the near term.

## Read by commodity

- RICE: neutral

## Sources

- brecorder.com: https://www.brecorder.com/news/40002445

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.