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Indian rice prices held steady in the week, with 5% broken parboiled quoted at $392-$396 per tonne. Below-normal rainfall has slowed paddy planting, which was down 4.2% year on year as of August 3, while India's April-June rice exports rose 4.4%.
Heavy rains and floods in Vietnam and Thailand are affecting their harvests.
Lagging Indian planting raises concern about output and could firm Asian rice export prices, while Vietnamese and Thai flooding adds supply risk. Rough rice impact for feed buyers is limited, but broken rice can feed into feed formulations.
business-standard.comBusiness Standard9 Agu 2018Setelah 179 peristiwa cuaca bullish sebelumnya, Gabah bergerak median +0,4% selama 5 sesi (55% lebih tinggi; separuh tengah -1,4% sampai +2,5%), dan +2,2% 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.
