Thailand has exported over 4 million tonnes of rice since the
beginning of this year, at the highest average price ever in the history
of the country’s rice export.
According to the
Department of Foreign Trade (DFT), in January-August, Thai rice was sold
at an average price of 700 USD per tonne, bringing in over 2.8 billion
USD to the rice industry.
As for the three previous rice
auctions held earlier, the department said it had already sold more than
200,000 tonnes of the pledged rice, while admitting that the auctions
did not attract many buyers as the rice offered did not match their
demand.
However, the Department is keen on fixing that problem
and finding a way to encourage prospective buyers to take part in
future auctions, it added.-VNA
Thailand has exported over 4 million tonnes of rice since the
beginning of this year, at the highest average price ever in the history
of the country’s rice export.
According to the
Department of Foreign Trade (DFT), in January-August, Thai rice was sold
at an average price of 700 USD per tonne, bringing in over 2.8 billion
USD to the rice industry.
As for the three previous rice
auctions held earlier, the department said it had already sold more than
200,000 tonnes of the pledged rice, while admitting that the auctions
did not attract many buyers as the rice offered did not match their
demand.
However, the Department is keen on fixing that problem
and finding a way to encourage prospective buyers to take part in
future auctions, it added.-VNA
Thailand has exported over 4 million tonnes of rice since the
beginning of this year, at the highest average price ever in the history
of the country’s rice export.
According to the
Department of Foreign Trade (DFT), in January-August, Thai rice was sold
at an average price of 700 USD per tonne, bringing in over 2.8 billion
USD to the rice industry.
As for the three previous rice
auctions held earlier, the department said it had already sold more than
200,000 tonnes of the pledged rice, while admitting that the auctions
did not attract many buyers as the rice offered did not match their
demand.
However, the Department is keen on fixing that problem
and finding a way to encourage prospective buyers to take part in
future auctions, it added.-VNA
