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Thai rice prices surge on major orders from China and Singapore
The Straits Times
|November 21, 2025
BANGKOK - Thai rice prices have surged after large orders from China and Singapore, with jasmine paddy jumping by up to 700 baht (S$28) per tonne.
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Further gains are expected after the National Rice Policy and Management Committee (NRPMC) met on Nov 18.
Prices rose sharply in mid-November, supported by large orders from China and Singapore, boosting confidence among exporters, millers and farmers, according to Thai Rice Mills Association president Banjong Tangjitwattanakul.
Mr Banjong said domestic paddy prices have continued to climb despite the peak harvest season, when new supplies typically enter the market in large volumes.
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