Monday, 27 October 2008

Rice prices might fall further

Bumper harvest in Vietnam and slow demand are putting pressure on Thai
rice prices: long grain 100% B is said to quote at 578 $/t whereas
parboiled stands at 555 $/t.
On the other hand, India is not supposed to lift export ban on non-Basmati
soon; however they are probably going to scrap the 200 $ export tax on
Basmati.

No comments: