Thai bidders lose out to other exporters in Indonesian auction
PUBLISHED : 12 Sep 2024 at 20:56
Workers unload sacks of rice from a barge to a cargo ship on the Chao Phraya River in Bangkok.
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Thai bidders lose out to other exporters in Indonesian auction
PUBLISHED : 12 Sep 2024 at 20:56
Workers unload sacks of rice from a barge to a cargo ship on the Chao Phraya River in Bangkok. (Photo: Reuters)
Thai rice prices fell to their lowest level in over a year as bidders were forced to reduce their high prices in a recent auction held by Indonesia, while Indian rice export prices extended losses this week to hit an eight-month low.
Indian 5% broken…