Dry weathercondition in Asia mostlikely to hurt rice output as purchasers haveactually been equipping up on issues over materials released : 11 Jul 2023 at 12: 55 A truck dumps unmilled rice in Nakhon Ratchasima. (Photo: Prasit Tangprasert) Rice rates in Asia have rose to the greatest level in more than 2 years as importers develop up stockpiles on fears that the start of El Niño will parch plantations and damage crops. A criteria grade in the area, Thai white rice 5% broken, has climbedup about 15% in the past 4 months to UnitedStates$535 a tonne, the greatest because early March 2021, according to information from the Thai Rice Exporters Association. According to Chookiat Ophaswongse, honorary president of the Thai Rice Exporters Association, the nation’s market has a terrific chance to export about 4 million to 5 million tonnes of rice in the s
Read More.
The news from the world
The news from the world