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Rice drop, calamity in Mindanao and hot money

Rice prices in top exporting countries Thailand and Vietnam may fall more as the Philippines may not tender for new supplies until after national polls in May, sources said on Friday.

The absence of demand from the world’s biggest rice buyer, the Philippines, would further weigh on Asian rice prices, with benchmark Thai rice already $100 off . . . → Read More: Rice drop, calamity in Mindanao and hot money