Asia Rice-Thai rates bounce to 7-yr high as virus limits exports from other hubs
(WorldNews Asia)

BENGALURU — Thai rice export prices soared to their highest in seven years this week on expectations of a sales boost after top exporter India went into a lockdown to curb the spread of the coronavirus and main rival Vietnam temporarily banned new export contracts. Thailand’s benchmark 5% broken white rice was quoted around $560-$570 per tonne on Thursday, its highest level since April 2013. “The situation in...