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Thailand offers rice at a loss
date:Jan 20, 2014
ate they will be substantially below anything offered on the international market.

We need to adjust ourselves in order to sell rice at appropriate prices to get liquidity to run the rice-buying scheme, said Surasak Riangkrul, director-general of the Foreign Trade Department, which oversees sales of the government's rice stocks.

He declined to disclose the exact price Thailand is offering but another official in the commodity trade department said Bangkok quoted $475 a tonne in a government-to

12/25 20:43