Thailand to sell rice from stockpiles, may need to slash prices
date:Jul 11, 2013
plan to buy more through the National Food Authority.

Thailand has approached the NFA for a government-to-government deal. But for this year the NFA has no plans of buying more after our deal with Vietnam, a spokesman told Reuters. And we're not sure if we need to import rice for next year.

Vietnamese 5 percent broken rice stood at $370 to $385 a tonne on Wednesday against $475 for the same grade from Thailand.

The Thai rice cost $520 a tonne at the end of June and fell sharply when the gove
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07/10 19:20