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Continuing demand for Thai rice overseas
BANGKOK, March 18 (TNA) - Thailand's rice exported during the first two months of this year totaled 1.3 million tons, showing positive signs that Thai rice is still in great demand overseas, according to caretaker Deputy Prime Minister and Commerce Minister Somkid Jatusripitak.

In 2005 Thailand exported 7.3 million tons of rice worth US$2.3 billion, while the country shipped 1.3 million tons of rice valued at US$434 million in January and February this year, he said.

Despite the positive signs on rising rice exports, especially Thai fragrant rice, problem persists with foreign substances found in rice exported to China, he said.

Concerned government officials and the private exporters should negotiate with major wholesalers in China with an aim at enabling more brands of Thai fragrant rice (khao hom mali) to enter the Chinese market so that the problem could be reduced, Mr. Somkid said.

The government now has about 500,000 tons of rice stored in its warehouses to be sold by bidding on a gradual basis.

Meanwhile, Rachane Potjanasuntorn, Director General of the Department of Foreign Trade, said that bidding for 200,000 tones of 100 per cent fragrant-rice grade 2 would be held at the department on March 21 and the successful bidders would be announced in the afternoon of the same day.
MGR Archive 19.3.2006
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Russia Rapan $ 700
USA Jupiter Rice $630
USA Calrose #1 $830
USA Calrose #1 Paddy $480
EU Prices Baldo €660
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