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Thailand Rice Export Prices Higher On Tight Supplies

By news desk on March 06,2008

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Physical rice export prices in Thailand rose Thursday as surging demand amid tight supplies boosted offers for Thai varieties.

Traders and importers continued to seek new deals amid tight supply in other exporting countries such as Vietnam and India.

Thai 100% grade B was offered Thursday at $508-$510 PMT, FOB; 5% broken was at $490-$495 PMT, FOB, parboiled was at $540-$555 PMT, FOB. These prices are higher by $15-$20 PMT from offers Wednesday.


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