Thai Government To Auction 868,000 MT

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Home : Global Rice : Tenders : Thai Government To Auction 868,000 MT Email to a friend \| Print version \| Thai Government To Auction 868,000 MT By news desk on August 30,2007 Related news » Thailand To Auction 650,000 MT by newseditor posted on Aug 28,2007 » Thailand Rice Export Prices Slightly Lower Monday by newseditor posted on Sep 03,2007 » Thailand To Auction 820,615 MT by newseditor posted on Oct 11,2007 » Thailand Announces Auction Of 913,439 MT by newseditor posted on Oct 26,2007 » Thailand To Auction 511,730 MT From Stocks by newseditor posted on Nov 29,2007 Thailand's Commerce Ministry has announced its plan to hold an auction to sell 868,000 MT of rice from its stocks next week. The tender is a result of cost cutting from the Thai government by reducing its large stockpiles of rice. Thailand has has about 4 million MT of rice in warehouses and spends 1.2 million Thai baht every year to regulate the stockpiles. 535 times read Comment on this article on Oryza forums
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