BANGKOK, Aug 7 (Reuters) – Thailand is benefiting from India’s rice export ban and has no reason to halt shipments of the grain itself, its commerce minister said on Monday.
The government would ensure sufficient rice output for both domestic consumption and exports, and also make sure domestic prices are not too high, minister Jurin Laksanawisit told a press briefing.
In the first seven months, Thailand shipped 4.8 million metric tons, he said, adding monthly exports stood at 700,000 to 800,000 metric tons.
Thailand, the world’s second-largest rice exporter after India, is expected to export more than 8 million metric tons of rice this year, said Charoen Laothamatas, president of Thai Rice Exporters Association, up from 7.71 million last year.
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