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AMIS Market Monitor

last release: May 2017

International Prices

Asian white and parboiled rice markets were mostly firmer in April, the IGC GOI sub-Index climbing to an eight-month peak. In Thailand, support stemmed from talk of substantial fresh sales to Iran, together with reports of a smaller than anticipated secondary (off-season) crop. Quotations in Pakistan strengthened on signs of improved demand in the run up to Ramadan, while offers in India were underpinned by currency movements and tightening kharif supplies. In contrast, prices in Vietnam eased against the backdrop of seasonal harvest pressure and thin buying interest.