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Commodity News
Sep 10 2008 10:36AM
Benchmark Thai rice price rises to $735 per tonne

BANGKOK, Sept 10 (Reuters) - Thailand's benchmark 100 percent B grade white rice <RI-THWHB-P1> rose 2 percent from last week on fresh demand from Japan and the Middle East, exporters said on Wednesday.

The median price quoted by Bangkok exporters rose for the second straight week to $735 per tonne, up from last week's $720 per tonne. It was still well below a record high of $1,080 per tonne marked in April.

"Importers in the Middle East kept buying and there was fresh demand from Japan," one exporter said. (Reporting by Apornrath Phoonphongphiphat; Editing by Darren Schuettler) (([email protected]; +66 2 648 9738; Reuters Messaging: [email protected]))

Keywords: THAILAND RICE/PRICES

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