RICE BIDS PLACED
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11 private organisations have placed the highest bids for the final lot of 160,000 tonnes of rice for consumption, according to Ministry of Commerce.
Duangporn Rodphaya, director-general at the ministry’s Department of Foreign Trade, said the bid prices were in the range of Bt4,527.24-Bt10,202.30 per tonne for a total of Bt1.14 billion.
The result will be forwarded to a working group and a committee on the sales of rice in government storage before passing onto the chairman of the committee for rice management and policy for approval.
After this lot of 160,000 tonnes of rice has been sold , there will still be 2.6 million tonnes remaining in state storage, Duangporn said.
