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AMIS Market Monitor

last release: April 2019

International Prices

Rice

Average rice prices were broadly unchanged m/m with lower prices in Thailand, amid generally subdued demand and a weaker currency, contrasting with gains elsewhere. Despite harvesting pressure, quotations in Viet Nam were a touch stronger on domestic government procurement and demand from the Philippines, while offers in India gained ahead of the expiry of the non-basmati export subsidy on 25 March. In the Americas, prices were underpinned by declining South American crop prospects, while anticipated sales to Iraq also supported.