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Technical Analysis #C-RICE : 2015-11-10

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 10, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Asia fills up rice inventories Thailand has sold to Indonesia 500 thousand tonnes of new rice crop for 8bn bahts. The talks around this intergovernmental deal pushed the grain prices up but when the deal was cut the prices went down. Will the rice continue growing? Judging by the details of the deal between Thailand and Indonesia, the approximate contract price for rice was $445 which is 4.3% above the price of $426.6 a tonne for 300 thousand tonnes of the Thai rice sold to Philippines in

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