Price of Thai rice reaches 17-year high


BANGKOK: Rice exports from January to October 2023 increased by 11.4% to 6,922,649 tons with a total value of 136,289.8 million baht, a surge of 24.6% compared to the same period last year.

These figures signify a positive trend in Thai rice exports, prominently influencing paddy rice prices, said Pramote Chareonsilp, president of the Thai Agriculturist Association, adding that in the past week, various Thai rice types have seen a price increase. Previously ranging from 8,000 to 9,500 baht per ton, they have now peaked at 12,000 baht per ton, the highest in 17 years.

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Thailand , rice , price

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