Thai rice exports will continue to fall, say exporters | Bangkok Post: news

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Rice exports to fall again in 2013

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Thai rice exports in 2013 are expected to fall for the second year to an estimated 6.5 million tonnes, due largely to strong market competition and thin demand, according to the Thai Rice Exporters Association. 

This is far lower than the 8.5 million tonnes projected by the Commerce Ministry.

Low demand from major buyers China, Indonesia and the Philippines, and higher demand for rice from Vietnam and India, were to blame for the decline, association president Korbsook Iamsuri said. 

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