Physical rice export prices in Thailand extended its bull run Wednesday as firm demands and a stronger baht boosted Thai offers.

In the absence of export supplies from India and Vietnam, Thailand's rice exports are likely to hit 9 million MT this year, higher than the earlier forecasts.

Thai 100% grade B was offered Wednesday at $345-$355 PMT, FOB while 5% broken was offered at $340-$349 PMT, FOB. These prices are higher by $5-$7 PMT from prices offered Friday.