Commerce to accept direct rice orders

TUESDAY, SEPTEMBER 30, 2014
Commerce to accept direct rice orders

The Commerce Ministry will allow rice traders to place purchase orders directly as an additional channel beside auctions for releasing rice from government stocks.

Duangporn Rodphaya, director-general of the Foreign Trade Department, said every rice trader that has an order from overseas could submit a purchase order for any kind of rice grain directly to the ministry, and then the working committee on rice sales would consider whether to accept the offered price.               
The ministry will soon open another auction for about 100,000 tonnes of rice to general traders. In the last auction, which offered 139,000 tonnes, it was able to sell 72,085 tonnes worth Bt909 million to 13 traders.
The Nation