India’s ban on exports helps trade
As long as India maintains its ban on white rice exports, local shippers remain optimistic that Thai rice prices should stay relatively high in the first half of this year.
According to Chookiat Ophaswongse, honorary president of the Thai Rice Exporters Association, prices in the global market are likely to hover around US$600 per tonne, which is the highest in more than a decade as demand remains robust from…