Thai rice shipment headed to Brazil as domestic prices turn uncompetitive
November 16, 2023 Comments Off
At least one 30,000 mt shipment of Thai white rice is headed to Brazil, a highly unusual trade rooted in a loss of competitiveness of Brazilian domestic supply after months of near-unbroken price rises. The shipment, confirmed by the international trader behind it, is 100% Grade B quality, one of the more expensive types available from Thailand and will depart…
Thai rice shipment headed to Brazil as domestic prices turn uncompetitive
At least one 30,000 mt shipment of Thai white rice is headed to Brazil, a highly unusual trade rooted in a loss of competitiveness of Brazilian domestic supply after months of near-unbroken price rises. The shipment, confirmed by the international trader behind it, is 100% Grade B quality, one of the more expensive types available from Thailand and will depart…
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