Asian rice trade paused on Friday to digest the previous day's ban by India, by far the world's biggest supplier, of a major share of its exports of the staple, with prices expected to climb substantially in coming days, three traders from Singapore and Bangkok said. In Thailand, the world's second biggest exporter, suppliers were waiting to find out prices before signing new deals. "Exporters will not want to sell, they won't know what prices to quote," Chookiat Ophaswongse, honorary president of the Thai Rice Exporters Association, told Reuters. "Some traders expect prices could go as high as $700-$800 per (metric) tonne." (ICE BANGKOK)

Fonte notizia: Bangkok Post