Rice agenda needs unityThe Thai Rice Exporters Association recently revised its estimation of Thai rice exports this year to five million tonnes, the lowest in 20 years, from a previous projection of 6.5 million tonnes. Vietnam, the third-biggest global exporter, has an opportunity to surpass Thailand in rice exports this year. Still, there remains several crucially unsolved problems which will be detrimental to the competitiveness of Thai rice exports in the long run. The strong baht and low yield of Thai rice production make Thai rice more expensive. While the world market trend has shifted more to a soft-textured, white rice variety, Thailand has yet to export this rice and is lagging in developing this rice variety.

Source: Bangkok Post November 01, 2020 23:26 UTC