Rice exports expected to show shortfall
Rice exports are expected to reach between 8 million and 8.1 million tonnes this year, falling short of the target of 9 million tonnes, Thai Rice Exporters Association honorary president Chookiat Ophaswongse said this week.
That would make rice exports in 2019 lower than last year by 3.5 million tonnes.
Rice exports during the first nine months totalled 5.9 million tonnes, a reflection of the fierce competition from other countries.
He added that many local exporters have suffered losses due to the strong baht but have nonetheless continued to trade to safeguard their market share.
