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Thai Exports of Rice Expected to Increase by 10 Million Tons

November 17th, 2009 · No Comments

Thailand exports of rice are expected to increase by 10 million tons in 2010 according to Bloomberg.

The increase is due to an increase in demand by India which went through a server drought this year.

The increase in Thai trade demand for rice will likely cause the Foreign Trade Department to release some of its 5.9 million ton reserve in order to meet India’s rice demands.

Tags: Thailand Trade

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