The Oryza White Rice Index, a weighted average of global white rice export quotes, ended the week at $457 per ton, down about $4 per ton from a week ago and $6 per ton from a month ago and down $35 per ton from a year ago. The index seems to have lost its upward trend since last autumn and is again declining toward $450 per ton, weighed down by Thailand quotes on ideas that Thailand will flood the market with cheap rice after the failure of its rice mortgage scheme. - See more at: http://oryza.com/reports/oryza-wri/oryza-white-rice-index-%E2%80%93-end-thailand-rice-mortgage-scheme-bullish-prices#sthash.1HyR524Q.dpuf
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