{"id":1296069,"date":"2023-11-11T04:54:06","date_gmt":"2023-11-11T04:54:06","guid":{"rendered":"https:\/\/www.businesstelegraph.co.uk\/asia-rice-firm-demand-props-up-thai-rates-india-prices-steady\/"},"modified":"2023-11-11T04:54:06","modified_gmt":"2023-11-11T04:54:06","slug":"asia-rice-firm-demand-props-up-thai-rates-india-prices-steady","status":"publish","type":"post","link":"https:\/\/www.businesstelegraph.co.uk\/asia-rice-firm-demand-props-up-thai-rates-india-prices-steady\/","title":{"rendered":"Asia rice: Firm demand props up Thai rates, India prices steady"},"content":{"rendered":"<p> <script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script>\r\n<!-- newscabal uk text -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:inline-block;width:728px;height:90px\"\r\n     data-ad-client=\"ca-pub-8162386273903324\"\r\n     data-ad-slot=\"3688094655\"><\/ins>\r\n<script>\r\n(adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><img decoding=\"async\" src=\"https:\/\/www.businesstelegraph.co.uk\/wp-content\/uploads\/2023\/11\/Asia-rice-Firm-demand-props-up-Thai-rates-India-prices.cms.jpeg\" \/><\/p>\n<div data-brcount=\"19\">Prices of rice exported from <a data-ga-onclick=\"Inarticle articleshow link click#Small Biz#href\" href=\"https:\/\/economictimes.indiatimes.com\/topic\/thailand\" target=\"_blank\" rel=\"noopener\">Thailand<\/a> rose this week on improved demand, while India rates remained steady amid muted activity and rising supplies from the new season crop.<\/p>\n<p>Thailand&#8217;s 5% broken rice prices rose to $562-$570 per metric ton from $562 last week. A Bangkok-based trader attributed the increase to strong demand as the year-end approaches, with more orders coming from Asian countries.<\/p>\n<p>\u201cDemand was coming from Indonesia, which had a large lot and the Philippines,\u201d said another trader, adding that orders from Africa were still muted due to high prices.<\/p>\n<p>\u201cA new sizable supply should come in mid-November because there has been good rain.\u201d Top exporter India&#8217;s 5% broken-parboiled rice prices was quoted at $490-$500 per ton, unchanged from last week. Subdued demand amid rising supplies from the new season crop weighed on prices.<\/p>\n<p>Demand remains slow with recent price corrections, and buyers are &#8220;hitting the pause button&#8221; to assess the future price direction, said an exporter based at Kakinada in the southern state of Andhra Pradesh. Last month, India extended a 20% export duty on parboiled rice until March 2024.<\/p>\n<p>India&#8217;s rice output is expected to drop this year for the first time in eight years, raising the prospect that the government will extend the curbs on exports to control food prices before elections.<a data-ga-onclick=\"Inarticle articleshow link click#Small Biz#href\" href=\"https:\/\/economictimes.indiatimes.com\/topic\/vietnam\" target=\"_blank\" rel=\"noopener\">Vietnam<\/a>&#8216;s 5% broken rice prices rose to $650-$655 per metric ton, unchanged from last week. \u201cSupplies will remain flat until the harvest,\u201d a trader based in Ho Chi Minh City said.In Vietnam&#8217;s Mekong Delta, farmers have started planting for the largest winter-spring crop, according to traders. Harvest will peak in February.<\/p>\n<p>Preliminary shipping data showed 174,800 tons of rice to be loaded at Ho Chi Minh City port from Nov. 1-10, most of it heading to Africa, Cuba, Indonesia and the Philippines.<\/p>\n<p>In the first ten months of 2023, Vietnam saw a nearly 16% jump in shipments from a year earlier to 7.05 million tons, customs data showed.<\/p>\n<\/div>\n<div>ETRise MSME Day 2022 Mega Conclave with Industry Leaders. <a href=\"https:\/\/economictimes.indiatimes.com\/spotlight\/et_msmeday2022_registration\/92030385.cms?utm_source=ETWebsite&amp;utm_medium=ETRise_articlefooter&amp;utm_campaign=MSMEDay2022\" target=\"_blank\" rel=\"noopener\">Watch Now<\/a>.<\/div>\n<p><script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block; text-align:center;\"\r\n     data-ad-layout=\"in-article\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-client=\"ca-pub-8162386273903324\"\r\n     data-ad-slot=\"7859258044\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><a href=\"https:\/\/economictimes.indiatimes.com\/small-biz\/trade\/exports\/insights\/asia-rice-firm-demand-props-up-thai-rates-india-prices-steady\/articleshow\/105139806.cms\">READ SOURCE<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Prices of rice exported from Thailand rose this week on improved demand, while India rates remained steady amid muted activity and rising supplies from the new season crop. Thailand&#8217;s 5% broken rice prices rose to $562-$570 per metric ton from $562 last week. A Bangkok-based trader attributed the increase to strong demand as the year-end [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1296070,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_oct_exclude_from_cache":false,"footnotes":""},"categories":[12],"tags":[],"class_list":["post-1296069","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-retail"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Asia rice: Firm demand props up Thai rates, India prices steady - Business Telegraph<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/economictimes.indiatimes.com\/small-biz\/trade\/exports\/insights\/asia-rice-firm-demand-props-up-thai-rates-india-prices-steady\/articleshow\/105139806.cms\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Asia rice: Firm demand props up Thai rates, India prices steady - Business Telegraph\" \/>\n<meta property=\"og:description\" content=\"Prices of rice exported from Thailand rose this week on improved demand, while India rates remained steady amid muted activity and rising supplies from the new season crop. Thailand&#8217;s 5% broken rice prices rose to $562-$570 per metric ton from $562 last week. A Bangkok-based trader attributed the increase to strong demand as the year-end [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/economictimes.indiatimes.com\/small-biz\/trade\/exports\/insights\/asia-rice-firm-demand-props-up-thai-rates-india-prices-steady\/articleshow\/105139806.cms\" \/>\n<meta property=\"og:site_name\" content=\"Business Telegraph\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-11T04:54:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.businesstelegraph.co.uk\/wp-content\/uploads\/2023\/11\/Asia-rice-Firm-demand-props-up-Thai-rates-India-prices.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"businesstelegraph\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"businesstelegraph\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/economictimes.indiatimes.com\/small-biz\/trade\/exports\/insights\/asia-rice-firm-demand-props-up-thai-rates-india-prices-steady\/articleshow\/105139806.cms#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.businesstelegraph.co.uk\/asia-rice-firm-demand-props-up-thai-rates-india-prices-steady\/\"},\"author\":{\"name\":\"businesstelegraph\",\"@id\":\"https:\/\/www.businesstelegraph.co.uk\/#\/schema\/person\/0a3a6a0f58402f1f2af94e02d0987b78\"},\"headline\":\"Asia rice: Firm demand props up Thai rates, India prices steady\",\"datePublished\":\"2023-11-11T04:54:06+00:00\",\"dateModified\":\"2023-11-11T04:54:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.businesstelegraph.co.uk\/asia-rice-firm-demand-props-up-thai-rates-india-prices-steady\/\"},\"wordCount\":340,\"publisher\":{\"@id\":\"https:\/\/www.businesstelegraph.co.uk\/#organization\"},\"image\":{\"@id\":\"https:\/\/economictimes.indiatimes.com\/small-biz\/trade\/exports\/insights\/asia-rice-firm-demand-props-up-thai-rates-india-prices-steady\/articleshow\/105139806.cms#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.businesstelegraph.co.uk\/wp-content\/uploads\/2023\/11\/Asia-rice-Firm-demand-props-up-Thai-rates-India-prices.jpg\",\"articleSection\":[\"Retail\"],\"inLanguage\":\"en-GB\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.businesstelegraph.co.uk\/asia-rice-firm-demand-props-up-thai-rates-india-prices-steady\/\",\"url\":\"https:\/\/economictimes.indiatimes.com\/small-biz\/trade\/exports\/insights\/asia-rice-firm-demand-props-up-thai-rates-india-prices-steady\/articleshow\/105139806.cms\",\"name\":\"Asia rice: Firm demand props up Thai rates, India prices steady - 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