Thailand Rice Export Prices Steady On Higher Demand

Thailand rice export prices are continuing their bull run in the week to Monday on firm demand and limited available supplies helping the prices to remain at higher levels.

A strong baht is also working to lift rice prices as the US dollar quoted at a 10.5-year low of THB31.58 Monday morning. 

Thailand 100% grade B was offered at $485-$495 PMT, FOB, while 5% broken was at $475-$485 PMT, FOB. These prices are $5-$10 higher than a week ago. Parboiled 100% sortexed was offered at $500-$530 PMT, FOB up $10-$20 PMT from last week.