Asian rice markets remain cautious despite ceasefire; prices remain firm

Asian white rice export markets showed a guarded response to the recent two-week ceasefire agreement in the Middle East war, with most trade sources remaining cautious, saying it was too early to expect a sustained price relief, as demand, currency moves and freight-related uncertainty continued to steer the market, trade sources told Platts, part of S&P Global Energy, April 9. Platts rice pricesAsian white rice export markets showed a guarded response to the recent two-week ceasefire agreement in the Middle East war, with most trade sources remaining cautious, saying it was too early to expect a sustained price relief, as demand, currency moves and freight-related uncertainty continued to steer the market, trade sources told Platts, part of S&P Global Energy, April 9. Platts rice pricesRead More