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AMIS Market Monitor

last release: October 2018

International Prices

Average international rice prices mildly weakened m/m, led by falls in Pakistan where new crop harvesting weighed. Quotes in the US also declined on seasonal pressure, while dollar denominated fob values in India fell on a weaker currency and subdued nearby demand. In contrast, anticipated sales to the Philippines, where the government announced plans to import up to 750 000 tonnes before the end of the year, underpinned gains in Viet Nam and Thailand.