Platts assessed Thai 5% white rice at $374/mt FOB on Feb. 18, down $11 week over week and at its lowest since Jan.
20. The decline reflected a weaker baht, slow buying and expectations of new crop arrivals in March-April.
A weaker baht and new-crop supply both push Thai export prices lower, though Thai rice remains the highest-priced major Asian origin. Buyers have room to negotiate.
Setelah 16 peristiwa makro bearish sebelumnya, Gabah bergerak median +0,2% selama 5 sesi (50% lebih tinggi; separuh tengah -5,1% sampai +1,7%), dan +4,1% selama 20 sesi.
Belum cukup peristiwa historis yang sebanding untuk analisis historis.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.
Thai 5% white rice dropped to a near one-month low on slow buying, a weaker baht and expected new-crop arrivals, signaling weaker Asian benchmarks.
Falling Thai export prices amid slow buying and new-crop expectations signal weaker global benchmarks that pressure US rice, but the link is indirect.