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Rice export prices further dropped 1-2 percent despite the strengthening of the Thai baht.

Singapore’s economy has rebounded post COVID-19 pandemic. The city-state is heavily reliant on imports of food and energy, the food and beverage industry are largely driven by international tourism and consumer spending.

Rice export prices further dropped one percent due to the weakening of the Thai baht.

Rice export prices dropped one percent due to the weakening of the Thai baht.

Rice export prices increased one percent due to the strengthening of the Thai baht.