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Thai and Vietnamese rice exporters are renegotiating prices on about 500,000 tonnes of August-shipment contracts. Sellers are seeking higher prices following the surge in world rice markets after India's ban.
Buyers face higher costs or defaulted contracts.
Contract repricing confirms firmer Asian rice export values, so importers should expect higher landed costs for rice-based feed and food inputs.
reuters.comNaveen Thukral1 Agu 2023Setelah 189 peristiwa perdagangan bullish sebelumnya, Gabah bergerak median +0,2% selama 5 sesi (52% lebih tinggi; separuh tengah -1,7% sampai +2,4%), dan +1,0% selama 20 sesi.
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 and Vietnamese exporters renegotiating 500,000 tons of contracts shows alternative suppliers raising prices, tightening availability and pushing benchmark prices higher on the same day.
