
Thai rice exporters expect China to expand rice shipments this year, especially to Africa, with Chinese exports forecast to reach about 3 million tonnes. Thai 2019 exports are projected to fall about 5% from 2018 to around 11 million tonnes, with Thai export prices quoted at $390-407/t.
Thai exporters are concerned about losing market share.
Expanding Chinese exports and lower Thai volumes add competitive pressure to global rice trade, which weighs on export prices. The effect on feed markets is limited.
Setelah 141 peristiwa perdagangan bearish sebelumnya, Gabah bergerak median +0,6% selama 5 sesi (57% lebih tinggi; separuh tengah -2,3% sampai +2,4%), dan -0,6% 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.