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Tuesday, May 7, 2024

Bangkok Post – Rice prices stay high in tight market

Indian export restrictions expected to persist until elections in April and May

A combine harvester empties paddy rice on a farm in Kalasin in northeastern Thailand in November. (Photo: Bloomberg)

The rice market is set to remain tight at the start of the year on India’s ongoing export restrictions and an expected boost from festival demand, providing impetus for elevated prices to climb even higher.

The grain is vital…

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