Asia rice: Rates rise in top hubs, Thai prices hit near 2-month peak – Markets

Top rice exporters saw rates climb this week due to an uptick in demand, while a stronger baht lifted Thai prices to a near two-month high.

Thailand’s 5% broken rice prices rose slightly to $600 per ton from last week’s price range of $588 – $595, with traders attributing the increase to fluctuations in the exchange rate.

“Demand is not a problem this year and we just need enough…

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News Source: www.brecorder.com