Thailand: over 200,000 tonnes of rice sold by auction
A total of 246,000 tonnes out of the 400,000 tonnes of rice were sold
during the fourth round of auction this year in Thailand with 21
companies clinching deals.
A total of 246,000 tonnes out of the 400,000 tonnes of rice were sold
during the fourth round of auction this year in Thailand with 21
companies clinching deals.
The Thai Department of Foreign Trade will officially announce the auction result at a later date after receiving the approval from the National Rice Policy Committee, which is expected to meet after the New Year holiday.
The Thai Government will seek to strike a deal with the private sector on the remaining 150,000 tonnes, whose prices in the last round of auction were still lower than the minimum prices.
Meanwhile, Director-General of the Department of Foreign Trade Duangporn Rodphaya stated that this year’s rice exports should be as high as 10.7 million tonnes worth about 5 billion USD.
She predicted that next year’s volume will be slightly lower, but the value will increase to 5.2-5.3 billion USD due to lower global output affected by natural disasters and drought and rising demands.-VNA
The Thai Department of Foreign Trade will officially announce the auction result at a later date after receiving the approval from the National Rice Policy Committee, which is expected to meet after the New Year holiday.
The Thai Government will seek to strike a deal with the private sector on the remaining 150,000 tonnes, whose prices in the last round of auction were still lower than the minimum prices.
Meanwhile, Director-General of the Department of Foreign Trade Duangporn Rodphaya stated that this year’s rice exports should be as high as 10.7 million tonnes worth about 5 billion USD.
She predicted that next year’s volume will be slightly lower, but the value will increase to 5.2-5.3 billion USD due to lower global output affected by natural disasters and drought and rising demands.-VNA
You should also see
PM requires full legal corridor to promote national digital transformation
Prime Minister Pham Minh Chinh on April 24 requested more efforts to step up institutional improvement, create a full legal corridor to promote national digital transformation and develop the digital economy while addressing the eighth meeting of the National Committee for Digital Transformation.
See more
World
Rail connects Vientiane, China's Guizhou province
The Guiyang-Laos tourist train will be launched on 8 May, signifying a pivotal step in boosting tourism and cultural ties between China and Southeast Asia.
ASEAN
ASEAN Future Forum 2024 looks to ensure comprehensive security for community
The ASEAN Future Forum 2024 (AFF 2024) entered its second plenary session in Hanoi on the afternoon of April 23, discussing ways to ensure comprehensive security for the people-centred ASEAN Community.
ASEAN
ASEAN Future Forum 2024 enters first session
The first session of the ASEAN Future Forum 2024 (AFF 2024) in Hanoi on April 23 focused on fast and sustainable growth for the Association of Southeast Asian Nations (ASEAN).
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).
