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Sunday, April 28, 2024

Bangkok Post – Thai rice exports to drop as supply squeeze eases

Need for stockpiling less urgent, while fluctuating baht might make Thai rice less competitive

A farmer rakes harvested paddy rice around his house in a village in Kalasin province in northeastern Thailand in November. (Photo: Bloomberg)

Thailand’s rice exports are expected to drop by as much as 15% this year as a global scramble for the staple food is set to ease, says a senior industry executive.

The country will…

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