Thailand to reclaim top rice exporter spot after poor India rains


MUMBAI/BANGKOK: Thailand is set to reclaim its status as the world's top rice exporter as weak monsoon rains curb India's crop, helping the South-East Asian country's new military government offload bulging stockpiles.

Less Indian exports would allow Bangkok to win better prices for the grain that it has been selling at a huge discount, curbing losses on the stocks built up under a costly state intervention scheme.

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