PUBLISHED : 6 Jan 2025 at 16:59
WRITER: Reuters
Thailand's rice exports will likely drop by 25% in 2025 from last year, an industry group said on Monday, partly due to more shipments from India.
The kingdom expects to export about 7.5 million tonnes of rice in 2025, down from 10 million tonnes in 2024, Chookiat Ophaswongse of the Thai Rice Exporters Association, told Reuters.
More competition from India and less demand from Indonesia attributed to the forecast drop, he said.
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