Rice Prices, Demand, Production: Thailand's Curbs

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Aug. 15 (Bloomberg) -- Samarendu Mohanty, a senior economist at the Los Banos, Philippines-based International Rice Research Institute, talks about demand for the commodity and prices. Rice prices will rise more than 20 percent by December as inventories expand 1.1 percent, compared with a 29 percent gain in the past four years, a Bloomberg survey of 13 millers and traders showed. Mohanty speaks with Rishaad Salamat on Bloomberg Television's "On the Move Asia." (Source: Bloomberg)


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