BusinessPhoto: Mint MarketsAsian Rice Prices Near Two-Year High Amid El Niño Impact
Asian rice prices have risen to their highest level in nearly two years due to the El Niño weather pattern disrupting production. Drier conditions in major rice-growing countries like India and Thailand are affecting harvests. The US Department of Agriculture forecasts a global production decline this season, pushing prices higher, with Thai broken white rice reaching $499 per ton and Chicago rough rice futures up over 80% this year.
Mint Markets·



