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Parboiled rice prices rose this week as demand improved in India and Thailand, with Indian 5% broken parboiled quoted at US$445 to 453 per tonne, its highest since October. Indian 5% broken white rice also rose, while Vietnamese traders reported stagnant sales.
The article links the rally to India scrapping its export tax on parboiled rice and removing a floor price on non-basmati white rice.
Removal of India's export tax and floor price opens more supply to world buyers, and renewed import orders are lifting global rice values. Feed-grade broken rice is typically priced off these export quotes.
thailandtv.newsTheThaiger1 Des 2024
thethaiger.comPuntid Tantivangphaisal29 Nov 2024Setelah 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.
