While prices for rice are down, as a result of abundant harvests and fears
of a global recession, Thai exporters are pressuring their government to
reduce the intervention price on the paddy market. This is currently set
at 14,000 Bath / t and could be lowered to about 12,000 the difference
being equal to 58 USD / t. This maneuver could lead to a fall in the Thai
rice of around 90 USD.
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