Thai Rice Export Rates Slip As Demand Drops
Thai rice export prices fell to the lowest in a month this week as demand sagged, while Vietnamese rates rose as persistent rain continued to hamper the harvest.
Thailand’s benchmark 5% broken rice prices slipped to $480-$515 from $514-$520 last week.
Prices fell to the lowest level since late-May, with traders also attributing the dip to a weaker baht.
ESM
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