News

Canada: On the SWOT exchange, oats and rice quotes lost from 3% to 6%

Canola Seed & Rapeseed
Published Jan 9, 2023

Tridge summary

On the SWOT and ICE exchanges, oats, uncooked rice and Canadian rapeseed went in different directions. For a week, i.e. For the period from December 30 to January 6, quotations of oats, unprocessed rice fell after last week's growth, while canola, on the contrary, rose, KazakhZerno.kz writes. While uncooked rice prices were falling on the SWOT exchange, Thailand, on the contrary, saw their growth to the highest level since May 2021 due to the strengthening of the national currency and the growth of domestic purchases.

Original content

Strong demand helped keep prices close to multi-month highs in other leading Asian exporters as well. In Vietnam, rice quotations remained at the level of last week, when they rose to the highest value since mid-July 2022 - $458 per ton. In India, the price of 5% parboiled rice also continued to stay in the last week's range, which ranged from $375 to 382 per ton (the highest since the end of November 2022), while in Thailand the price is up 5%. broken rice rose to $480 per ton against last week's range from $452 to $465 per ton. Quotes of oats on the SWOT exchange, which had been going up since December 23, by January 6 rolled back almost to the values of December 16. Canola prices are almost back to their December 16 levels. By January 6, oats fell from $3.67 to $3.44 per bushel, or 6.27%, rice quotes fell from $18.05 to $17.49 per centner, or 3.10%, and Canadian rapeseed rose from 858.4 to 861.8 Canadian dollars per ton, or 0.40%. Dynamics of ...
Source: Kazakh-zerno
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