Thai Rice May Fall To $400 PMT: Experts

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Home : World Rice Trade : Rice Market Prices : Thai Rice May Fall To $400 PMT: Experts Email to a friend \| Print version \| Thai Rice May Fall To $400 PMT: Experts By news desk on October 23,2008 Related news » Thailand: Rice Exports Likely To Fall Amid Heavy Prices by newseditor posted on Apr 01,2008 » Exporter Association Denies Rice Shortage In Thailand by newseditor posted on Apr 30,2008 » Rising Thai Prices May Trigger Export Default: Experts by newseditor posted on Feb 05,2008 » Thai Rice Prices Drop Under $600 Levels by newseditor posted on Oct 30,2008 » Thai Government To Sell 2.5 Mil MT by newseditor posted on Nov 13,2008 According to global rice experts, Thailand's benchmark rice price could fall a further 40 % to around $400 PMT by December or January because of rising global supplies and a lack of demand from top buyers. Thailand, the world's top rice exporter, has not signed any deals to export rice from the upcoming crop as buyers were postponing their purchases due to rapidly declining prices. 558 times read Comment on this article on Oryza forums
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