The government and the private sector agree that Thai rice prices are unlikely to fall further because of state measures and low supplies brought on by the drought.
Commerce Minister Apiradi Tantraporn said yesterday that while new output from the annual main crop was to be churned out in November and December, white rice prices were expected to stay at a
minimum of 8,000-8,500 baht a tonne, with the price of Hom Mali fragrant rice at 13,000-13,500 baht a tonne.