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Covid-19 concerns prompted importers to stock up, boosting orders for Thai rice and requiring immediate full delivery. Thai 5% white rice rose to $450-$460 per tonne and Myanmar rice to around $400 per tonne, with Thai exports in February estimated at 630,000 tonnes.
Precautionary demand lifts export prices, and a possible Chinese export suspension could further tighten supply.
nationthailand.com14 mar 2020Dopo 189 eventi commercio rialzista passati, Risone si è mosso in mediana di +0,2% in 5 sedute (52% in rialzo; metà centrale da -1,7% a +2,4%), e di +1,0% in 20.
Variazioni del benchmark di ciascuna materia prima rispetto all'ultima chiusura prima dell'evento. Le letture storiche raggruppano eventi passati dello stesso tipo; descrivono ciò che è accaduto, non ciò che accadrà. Non è consulenza di investimento.
Covid-19 stockpiling by importers boosted demand and immediate delivery requirements for Thai rice, adding upward price pressure.
Covid-19 stockpiling by importers boosted orders and lifted Asian export prices, raising global rice demand and sentiment.
Covid-19 stockpiling by importers boosted orders for Thai rice with immediate delivery, adding demand-driven price support.
Covid-19 stock-up buying by importers lifted export demand and prices for Asian rice, a sentiment and demand impulse that likely spilled over to U.S. rough rice.
