Paddy| Thai Rice prices have bounced off a 6-1/2-year low, but a sustained rally looks unlikely as long as huge stockpile built up under the former government's disastrous subsidy scheme remains unsold.

July 7, 2014 10:58 AM | Skymet Weather Team

Thai Rice prices have bounced off a 6-1/2-year low, but a sustained rally looks unlikely as long as huge stockpile built up under the former government's disastrous subsidy scheme remains unsold. Thai 5 percent broken white Rice ended last week at $415 per tonne, up from $370 in the week to May 30, which was the lowest since Jan 2008.

OTHER LATEST STORIES