Thailand should reduce rice production: DFT

BURIRAM, 10 May 2016 (NNT) – The Department of Foreign Trade has raised concerns for over production of Thai rice, despite confirmation that rice exports for this year will be able to hit a previous forecast of 9.5 million tons worth 5.05 billion US Dollars.

Foreign Trade Director-General Duangporn Rodphaya said that for the first 4 months of the year, the government successfully exported over 3.6 million tons of rice valued at 1.5 billion U.S. Dollars, and that it will definitely be able to reach its target at the current rate.

Read more: NNT