Illustration for photo (Source: www.thaivisa.com)Thailand’s benchmark 5-percent broken rice prices rose to USD406 - USD435 per tonne this week from USD395 - USD405 quoted last week.
Meanwhile, Vietnam’s rates for this rice remained unchanged from last week at USD340 - USD350 per tonne.
India’s 5-percent broken parboiled variety prices fell to around USD377 - USD381 per tonne this week from USD381 - USD384 last week due to a depreciation in the rupee.
A strong bath contributed to Thai higher rice prices than other Asian hubs.
The dry conditions have also affected the quality of rice, which led to an increase in domestic rice prices, a Bangkok-based trader said./.