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AMIS Market Monitor

last release: July 2018

International Prices

Average white and parboiled rice export prices were lower in June as spot demand from Asia weakened and buying interest from sub-Saharan Africa remained slow. Declines in the region were led by Thailand, where currency movements added to pressure. In Viet Nam, offers were also softer as seasonal harvest pressure featured, outweighing mild support from solid underlying demand. In contrast, markets in South Asia were broadly steady amid few fresh developments. In the Americas, US milled rice values remained elevated on tight supplies ahead of the forthcoming harvest, while logistical difficulties helped to underpin export quotations in Brazil.