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Tuesday, May 7, 2024

Demand for Thai rice still on the rise

Several governments seeking G2G deals

Demand for Thai rice remains strong, with several governments such as Indonesia and Bangladesh expressing an interest in purchasing the grain through government-to-government (G2G) deals.

Ronnarong Phoolpipat, director-general of the Foreign Trade Department, said Thai rice is in great demand in the global market, which could enable exports to exceed 8 million tonnes this year.

The department plans to send representatives from both the public and private sectors to engage in discussions and strengthen relations with important trading partners, including the Philippines in July and Malaysia, Indonesia, Singapore and Japan in August, he said.

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