Rice Futures Drop, Open Interest Rises
Update: 2025-12-16
Description
Rice Futures on the Chicago Board of Trade experienced a downward trend on December sixteenth, with most contracts closing lower than their opening prices. The January and March twenty-six contracts saw fifteen-cent and fifteen-and-a-half-cent decreases, respectively. The May twenty-six contract remained steady but still registered a slight decrease. Trading volume was significantly lower than the previous day, but open interest increased, indicating potential new short positions or maintained interest in the market despite the price drops.
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