Shafaq News- Baghdad
Thai 5% white rice rose $34 over thepast month to $483 per metric ton FOB on June 25, supported partly by Iraqibuying interest ahead of fresh crop arrivals expected from late July, S&PGlobal Energy reported.
Iraq imported 91,865 metric tons ofThai rice in the first four months of 2026, after Thailand shipped about onemillion metric tons to Iraq in 2025. A Thailand-based exporter also linkednear-term price support to renewed demand from Malaysia and the Philippines,along with exporters covering short positions.
Thailand’s rice market is watchingsecond-crop arrivals, with exporters divided over whether new supply willpressure prices or demand will keep them firm. Below-average rainfall couldaffect the upcoming crop, while the US Department of Agriculture expects Thairice production to dip 0.7% year-on-year to 20.7 million metric tons in the2025-2026 marketing year.