APICHART JINAKULThe government yesterday called the second auction for 1.82 million tonnes of state-held rice that is fit for human consumption. The government is estimated to hold about 4.82 million tonnes of rice stocks, a sharp drop from the 18.7 million tonnes accumulated during 2011-14. Since the May 2014 coup until April 19 this year, a combined 11.7 million tonnes of rice have been sold via auctions, fetching 112 billion baht. From Jan 1 to May 9, Thailand exported 4.1 million tonnes, up 9% from the same period last year, worth US$1.74 billion (60.1 billion baht), up 6% in value. The government aims to export over 9.5 million tonnes this year.

Source: Bangkok Post May 16, 2017 00:11 UTC