Insight - Smuggling rice to Thailand: like coals to Newcastle


  • World
  • Monday, 15 Jul 2013

SA KAEO, Thailand/SINGAPORE (Reuters) - Hidden in 18-wheeler trucks, carts and pick-up vans, hundreds of thousands of tonnes of rice are being smuggled from Cambodia and Myanmar into Thailand, although the country holds enough stocks to meet half the world's annual trade in the commodity.

A populist programme to support prices has led to the Thai government paying its farmers almost double prevailing prices in Cambodia and Myanmar. Farmers and traders in the neighbouring countries are trying to take advantage, sending their grain across the border to be sold into the Thai intervention scheme.

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