Rice Price Outlook Remains Bearish, July Forecast Index Hits Record Low of 18

Jiji Press··JP·Read original
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Summary · why it matters

According to the July survey results on table rice prices released on the 6th by the Rice Stable Supply Support Organization, the price outlook index for the next three months came in at 18, down 1 point from the previous month and hitting a new record low. The bearish sentiment on rice prices, which are already on a downward trend, is spreading further.

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⛏Rough Rice Futures
RICE
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Bearish price outlook index hits record low, indicating weakening demand expectations for rice.