Mr Chookiat says demand for Thai rice continues to remain robust, notably from Indonesia.
The price of Thai rice in the final two months of the year is expected to dip as the new harvest is released, say traders.
However, a favourable exchange rate should keep Thai rice competitive, according to the Thai Rice Exporters Association.
As of Oct 25, the price of Thai 5% white rice was US$586 per tonne, whereas the prices for Vietnam and Pakistan were $643-647 and $563-567 per tonne, respectively.
Thai parboiled rice was quoted at $586 per tonne, while Indian and Pakistani parboiled rice were priced at $508-512 and $536-540…
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