Thailand determined to remain major rice exporter
Thailand ’s Minister of Commerce Boonsong Teriyapirom was firm in
stating that Thailand would not lose its place as the world’s number
one exporter of rice.
Thailand ’s Minister of Commerce Boonsong Teriyapirom was firm in
stating that Thailand would not lose its place as the world’s number
one exporter of rice.
This assertion comes in the face of concern over the increasing prices of Thai rice. It is believed these rising prices may cause trade partners to import more rice from Vietnam and India . Thai rice, however, is of high quality and can be sold at a premium price, thus mitigating the fact that export numbers are down.
The price of Thai rice for export was increased by 100 USD than that during the same time period last year, reaching 670 per USD per tonne. The minister of commerce is certain that export volume will rise in the latter half of the year. Export numbers have been affected by the Eurozone debt crisis, but rice is still a food staple, and has seen less of an impact.
In the past five months, Thailand has already exported 3.17 million tonnes of rice, worth over USD 2 billion.-VNA
This assertion comes in the face of concern over the increasing prices of Thai rice. It is believed these rising prices may cause trade partners to import more rice from Vietnam and India . Thai rice, however, is of high quality and can be sold at a premium price, thus mitigating the fact that export numbers are down.
The price of Thai rice for export was increased by 100 USD than that during the same time period last year, reaching 670 per USD per tonne. The minister of commerce is certain that export volume will rise in the latter half of the year. Export numbers have been affected by the Eurozone debt crisis, but rice is still a food staple, and has seen less of an impact.
In the past five months, Thailand has already exported 3.17 million tonnes of rice, worth over USD 2 billion.-VNA
You should also see
Vietnam urged to build legal corridor for AI industry
Vietnam needs a policy on artificial intelligence (AI) to help this industry develop strongly, while minimising risks, according to insiders.
See more
World
Malaysia, Philippines warn of severe heat in upcoming summer
Malaysia and the Philippines have warned of severe heat during the upcoming summer.
World
Thailand re-considers tourism tax
Thai tourism operators are urging the Thai government to seriously consider measures to tackle overtourism. One of the proposed measures is a tourism tax of 300 baht (8.11 USD).
World
Ten crew members killed after two Malaysian navy helicopters collide
Ten people have died after two navy helicopters collided in mid-air during a military rehearsal for a Royal Malaysian Navy parade.
World
Indonesian Constitutional Court rejects petitions against presidential election results
The Indonesian Constitutional Court on April 22 rejected all petitions regarding the country’s presidential election results filed by two presidential candidates - Anies Baswedan-Muhaimin Iskandar and Ganjar Prabowo-Mahfud M.D.
ASEAN
ASEAN youth empowered to unleash potential: ASEAN chief
ASEAN Secretary-General Kao Kim Hourn reaffirmed ASEAN leaders' commitment to empowering the youth to unleash their full potential when he had a dialogue with ASEAN youth in Hanoi on April 22 on the sidelines of the ASEAN Future Forum (AF 2024).
