date:Feb 14, 2016
ices while the draw on stocks is expected to push end-year inventories down to the lowest level since 2007, said Capital Economics analyst Hamish Smith.
Thai 5% broken white rice is currently selling at $388 per metric ton, up 7% from its average price in December, according to data from the Thai Rice Exporters Association.
Meanwhile the poor monsoon season in India, the worlds second-largest producer of sugar, has likely hit production there, with output for the year ended Sept. 30 expected to