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Home : World Rice Trade : Rice Market Prices : Thai Prices May Rise On Expected Fresh Demand
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Thai Prices May Rise On Expected Fresh Demand

By news desk on March 02,2007

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In Thailand, prices are likely to rise on new demand from Iran, Indonesia and the Philippines.

Earlier this week, Thailand agreed to sell 200,000 MT of 15% broken rice to Indonesia. Thailand is also expected to supply around 155,000 MT of 15% and 25% broken rice to the Philippines.

Thai 100% grade B was offered Friday at $329-$330 PMT, FOB, Bangkok, 5% broken at $325 PMT while parboiled 100% sortexed was offered at $325-$330 PMT. These prices were unchanged from prices offered Thursday.


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