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Bangkok Post
Bangkok Post
Business

Rising domestic rice prices unsettle Thai exporters

A farmer plants rice by hand in the fields.

Rice exporters have expressed growing concerns about shipment prospects in the second quarter, as a sharp rise in domestic prices may lead importers to baulk at buying Thai grains.

Chookiat Ophaswongse, an honorary president of the Thai Rice Exporters Association, said 5% white rice prices in the domestic market have risen by 25% to 15 baht per kilogramme, up from 12 baht per kg at the beginning of this year, driven by high import demand, particularly from Iraq.

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