Thailand To Sell 380,000 MT Rice To Iran, Indonesia

Thailand has agreed to sell 380,000 MT of white rice to the Iranian and Indonesian governments, Thai Commerce Minister said Tuesday.

This is divided into 200,000 MT of 15% white rice to Indonesia and 180,000 MT of 100% grade B white rice to Iran, which is coming from the government's rice stock produced in the 2006-07 crop year.

The sale is part of a government-to-government program under which Thailand targets to sell 1.0 million MT of rice this year. Thailand's targeted buyers under the program include Indonesia, the Philippines, Iran and Cuba.