Severe flooding in Brazil among factors pushing up global demand
Export prices for Thai rice rose to a more than three-month peak this week, bolstered by thin supplies and strong demand, while rates for top exporter India remained steady due to lacklustre demand.
Thailand’s 5% broken rice prices continued to climb, reaching $632 to $640 per tonne, compared with $600 a week earlier.
The increase is due to diminishing supplies, said a Bangkok-based trader, adding that there was strong demand from Indonesia and flood-hit Brazil
https://www.bangkokpost.com/business/general/2794154/thai-rice-prices-at-3-month-peak