
Drought in Thailand tightened supply expectations and lifted Thai 5% broken rice export prices to $470-$495 per tonne, the highest since August 2013. Vietnamese rates also rose to more than a one-year peak on strong domestic demand amid the coronavirus outbreak.
Drought-driven supply concern and firm demand push Asian rice export prices higher, supporting rice and grain-substitute values for feed buyers.
Après 179 événements météo haussier passés, Riz paddy a varié en médiane de +0,4 % sur 5 séances (55 % de hausses ; moitié centrale de -1,4 % à +2,5 %), et de +2,2 % sur 20.
Variations du benchmark de chaque matière depuis la dernière clôture avant l'événement. Les lectures historiques regroupent les événements passés de même nature ; elles décrivent ce qui s'est passé, pas ce qui arrivera. Ceci n'est pas un conseil en investissement.
Thai drought tightening supply pushed Asian export prices to multi-year highs just before the move, supporting a global rough rice rally.
Thai drought tightened supply expectations and lifted Thai 5% broken export quotes to the highest since 2013, with Vietnamese rates also rising on virus-related demand, which supports rough rice futures.
Thai drought tightened supply expectations and lifted Thai 5% export quotes to multi-year highs on 2020-03-12, within the window, supporting global rough rice prices.
Thai drought pushed Asian export prices to multi-year highs, raising global supply concerns and supporting prices across the rice complex.