Thai rice prices hit seven-month high on China purchase deal

Thailand’s rice prices climbed to their highest in more than seven months, following a deal with China to buy Thai rice, while rates in India and Vietnam strengthened on higher demand. Thailand’s 5% broken rice was quoted at US$415 per metric ton, up from US$400 last week, hitting its highest level since May 8. Prices have continued to increase after in mid-November China said it would buy 500,000 tonnes of Thai rice, a Bangkok-based trader said. The 100MW Southeast Asia’s largest BESS project in Sabah demonstrates Malaysia’s grid readiness, advancing energy roadmap, reducing diesel reliance, enabling renewable projects, and paving the way for more investments. The battery system improves Sabah’s energy reliability, reduces emissions, and supports long-term sustainability goals while positioning Sabah as a leader in regional clean energy initiatives. Indian rice export prices edged higher this week as demand increased slightly. An exporter based in New Delhi said demand was ...