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RPT-ASIA RICE-Rates sink to multi-month lows in top exporting hubs

7/22/2021 Thai rates hit November 2019 lows Vietnam rates drop sharply to lowest since March last year Low rainfall impacting India s paddy planting -exporter Bangladesh reports record crop of summer rice variety this year By Swati Verma July 22 (Reuters) - Rice export prices continued their decline to multi-month lows across top Asian hubs this week as falling demand met with an increase in supplies, while a weaker baht added to woes of Thai traders. Vietnam s 5% broken rice rates hit more than 16-month lows, falling sharply to $395-$400 per tonne on Thursday from a range of $465-$470 a week earlier. Demand is weak, while prices offered by other rice

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RPT-ASIA RICE-India rates grind to 16-month lows as supplies grow

7/15/2021 Thai rates drop to lowest in 19 months on weak baht Farmers harvesting summer-autumn crop in most of Mekong Delta Indian farmers planted rice on 11.5 mln hectares as of July 9 Bangladesh imported 1.3 mln tonnes of rice in the year to June By Swati Verma July 15 (Reuters) - Indian rice export prices hit a nearly 16-month low this week as new supplies come into market but demand remains low, while coronavirus restrictions in Vietnam undercut sales of the staple grain. Top exporter India s 5% broken parboiled variety was quoted in the $364-$368 per tonne range this week, extending its slide from last week s $367-$371.

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RPT-ASIA RICE-Rates wither as exporters brace for fresh crop arrival

7/8/2021 Planting of summer-sown crop gains pace in India Domestic paddy sales slow in Vietnam Thai rice exports have fallen into a slumber- trader Bangladesh imported 1.3 mln tonnes of rice 2020-21-Food Ministry By Swati Verma July 8 (Reuters) - Rice export prices sagged in top Asian hubs this week, with rates in Thailand hitting lowest level in 19-months and Vietnam sliding to its lowest since July last year, pressured by the arrival of fresh crop season. Domestic supplies are building up as farmers in the Mekong Delta provinces have started harvesting their summer-autumn crop, a trader based in Vietnam s An Giang province said.

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