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Home : World Rice Trade : Rice Market Prices : Thailand Rice Export Prices End Higher Monday
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Thailand Rice Export Prices End Higher Monday

By news desk on October 29,2007

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Thai rice export prices were higher in the week to Monday due to a strong demand for the local varieties prompted mostly by the absence of Vietnam, Thailand's major competitor in the rice export trade.

On Monday, Thai 100% grade B was offered at $345-$350 PMT, FOB while 5% broken was offered at $335-$338 PMT, FOB. These prices are $3-$5 higher than last week. Parboiled 100% sortexed was offered $2-$8 higher at $348-$354 PMT, FOB.

The Thai government is also offering to sell its old stocks to take advantage of current high prices and strong demand in the market.


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