High Shipping Cost as Rice Oversupply in Thailand and Pakistan Lead Price to Decrease

Rice

Pakistan

Thailand

Published Dec 14, 2021

The wholesale price of Thai and Pakistani rice decreased by -37.37% YoY. and 16.5% YoY respectively. On the other hand, the production of rice in Thailand and Pakistani increased by 11% and 13.6% respectively in 2021. Unfortunately, shipment challenges put pressure on the prices of rice in Thailand and Pakistan.

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