FAO Regional Office for Asia and the Pacific

FAO Semi-annual Food Outlook and November Rice Price Index

12/11/2013 

International rice prices tended to steady in October in all market segments. Prices stabilized in the major origins, including in Thailand. There, the benchmark Thai white rice 100%B, after sliding by 7 percent in August and 9 percent in September, shed less than 1 percent in October, settling at USD 457 per tonne. In Viet Nam, prices strengthened on the trail of a large sale to the Philippines, while, in India, high domestic prices were behind firm export quotations. By contrast, a depreciating exchange rate caused prices to dip in Pakistan. Markets also weakened somewhat in South America and in the United States

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