PUBLISHED : 15 Nov 2023 at 12:56
Thailand has increased its rice export target for this year to 8.5 million metric tons, Chookiat Ophaswongse, honorary president of the Thai Rice Exporters Association, said on Wednesday, as rice prices from competitors like Vietnam increase.
“Vietnamese rice is expensive so countries like the Philippines and Indonesia are increasing orders of Thai rice,” he told Reuters.
Thai rice sells for about US$550 to…
