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Tuesday, April 30, 2024

Bangkok Post – India rice rates extend rally on low supplies; Thai prices ease

Higher prices dent demand for Thai variety, says trader

A rice farmer in Nakhon Ratchasima province works on his ricefield. (Photo: Prasit Tangprasert)

BENGALURU – Parboiled rice export prices from India extended their record rally this week, driven by tight supplies and firm demand due to higher prices in other hubs, while Thai rates slipped as new supply from fresh harvests trickled in.

Top exporter India’s 5% broken…

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