Thailand Rice Export Prices Steady On Higher Demand
Mar 03,2008 00:00 by newseditor

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.