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Thai rice mill Bangsue Chia Meng has sought permission to raise packaged rice prices amid fierce competition and slowing domestic rice consumption in Thailand. Industry sources cite a decline in consumption and trader headaches in the local market.
Weak Thai domestic consumption and intense competition point to soft Thai rice demand, which is bearish for Asian rice export prices.
bangkokpost.comPitsinee JitpleecheepMay 17, 2018Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
