date:Jul 07, 2014
r due to demand from China, Indonesia and a possible new deal with the Philippines, coupled with thin stocks ahead of a major crop harvest, traders said. The 5 percent broken rice rose to $420-$430 a tonne, free-on-board Saigon Port, from $405-$415 last week. The 25 percent broken rice also rose to $370-$375 a tonne, from $365-$370 a week ago. The stock is low now while China has been buying strongly and the Philippines is going to buy more, which pushed up prices of all varieties, said a trader