Physical rice export prices in Thailand settled higher as strong demand from the Philippines, Indonesia and Africa boosted prices.

Thai 100% grade B was offered largely unchanged Thursday at $329-$333 PMT, FOB, 5% broken at $320-$323 PMT, FOB and parboiled 100% sortexed at $333-$335 PMT, FOB. The 25% broken grade was offered $3 higher at $304 PMT, FOB.