BANGKOK -- Rice trading in Thailand, the world's second-largest rice exporter after India, has turned chaotic as India's recent ban on rice exports touches off panic buying. Speculative hoarding is draining supply from the market, leaving less rice available for export.
Commodities
India's rice export ban brings chaos to Thai market
Surging demand sparks speculative hoarding, undercuts export opportunity
A farmer works in a rice paddy in Thailand's central Khon Kaen province. (Photo by Ken Kobayashi)
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