The indicative export prices of Thai rice rose sharply in the week to Monday as tight export supplies continued to boost prices.

Thai 100% grade B was indicated Monday at $620-$625 PMT, FOB, 5% broken at $610-$615 PMT, FOB and parboiled at $660-$670 PMT, FOB. These prices are higher by $40-$50 from price indications given a week earlier.
 
Thailand is the world's largest exporter of rice.