Rice Prices Expected To Climb On Speculation Thailand To Cut Exports

starve the people, and it all comes tumbling down.......

Rice prices expected to climb on speculation Thailand to cut exports

Domestic prices of the staple have surged 50 percent since January, and Thai farmers are reported to be hoarding rice on hopes of further increases, traders said Wednesday.

In recent weeks, escalating inflation fuelled by higher food and oil prices has triggered unrest and even riots in different parts of the world including Indonesia, India, Mexico, Mauritania, Mozambique and Cameroon.

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