BANGKOK (The Nation/Asia News Network): Thailand’s rice exporters are expected to reap the rewards of India’s ongoing ban on the exports of all rice except basmati, which is anticipated to last until at least early next year, the annual meeting of the Thai Rice Mill Association has concluded.
The Thai government has announced that Thailand and Vietnam have reached an agreement to increase the price of domestically produced rice in the global market in the context of rising costs in rice production.
Thailand and Vietnam have reached an accord aimed at raising the price of locally-produced rice in the global market amid soaring costs for farmers, the government said on Saturday.