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Rice export prices rose by up to $25 a tonne for Thai rice and $6-10 for Vietnamese and Pakistani shipments over three weeks. Indonesia and Bangladesh are seeking imports, and African nations face pressure to buy.
Sri Lanka has curbed its own imports to support local paddy prices.
Stronger import demand and a forecast drop in global output (FAO 512.8 mt vs 525.6 mt) support higher rice prices. Feed buyers may face firmer rice-based feed ingredient costs.
thehindubusinessline.comSubramani Ra Mancombu20 de dez. de 2022Após 189 eventos altista de comércio passados, Arroz em casca subiu em mediana +0,2% em 5 sessões (52% de alta; metade central de -1,7% a +2,4%), e +1,0% em 20.
Variações do benchmark de cada commodity desde o último fechamento antes do evento. As leituras históricas agregam eventos passados do mesmo tipo; descrevem o que aconteceu, não o que vai acontecer. Não é recomendação de investimento.
Asian export quotes rose (Thai up to $25/t, Vietnamese and Pakistani $6-10) on import demand from Indonesia, Bangladesh and Africa, a direct trade-flow and demand driver for rice futures in the same week.
Higher Thai, Vietnamese and Pakistani export quotes amid new import demand from Indonesia and Bangladesh point to stronger rice demand and a trade-flow tightening that would support Rough Rice futures.
Published on the move date, it reports Thai, Vietnamese and Pakistani export price increases of up to $25/t, with Indonesia and Bangladesh seeking imports and African buyers under pressure, which signals stronger import demand and supports rough rice futures.
