Rice exports expected to be on track as harvest approaches

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.

Speaking after the meeting, the association’s president Rangsan Sabaimuang said members had reported on the production and market situation before the upcoming rice harvest in the next 1-2 months and concluded that this would remain stable, although a slight decrease in the production of jasmine rice in the central region was expected due to the drought and the effects of the El Niño phenomenon.