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Monday, May 13, 2024

Rice exports poised to reach 8m tonnes

Sacks of rice are stored at a rice mill in Kalasin province.

Rice exports are projected to reach 8 million tonnes this year as targeted after shipments through Aug 29 tallied 5.29 million tonnes, up 11.9% year-on-year, according to the chief of the Department of Foreign Trade.

Ronnarong Phoolpipat, director-general of the department, said on Thursday the increase in rice exports is consistent with concerns about the drought caused by the El Niño weather phenomenon, India’s ban on non-basmati white rice exports, the decline in China’s rice production, the eagerness of several countries to import rice to ensure food…

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