Скачать или смотреть Global Rice Market Update: Record High Prices, Export Duties, and Currency Fluctuations Explained

In this video, we delve into the latest developments in the global rice market, where Parboiled broken rice prices have surged to a record high of $560 per ton due to hefty export duties imposed by the Indian government. We explore the impact of this 20% export duty, which is calculated on the total transaction value, on Indian exporters and the overall market dynamics.

Additionally, we discuss the contrasting trends in rice prices in Thailand, where prices have decreased due to currency weakening, and Indonesia, where prices remain stable at $585 per ton. We also analyze Vietnam's steady prices at $590 per ton and the concerns surrounding potential drops in Philippine rice imports, affecting Vietnam's largest importer.

Moreover, we examine Bangladesh's high rice prices despite a good harvest and the government's plan to allow private traders to import up to 200,000 tonnes of rice to stabilize domestic prices.

Stay updated on crucial insights into the global rice market's fluctuations and their implications for exporters, importers, and consumers worldwide.

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