Milled rice market planned

WEDNESDAY, DECEMBER 21, 2016
Milled rice market planned

The Commerce Ministry has come up with the idea of establishing the Kingdom’s first ever milled-rice market to increase trading channels for rice farmers and millers. 

After meeting with the Thai Rice Mill Association, Commerce Minister Apiradi Tantraporn said Wednesday that the government would collaborate with private enterprises to set up a central market for milled rice so that farmers would have a greater opportunity to meet with rice traders.
Up to now, rice trading has relied largely on exporters. The setting up of milled-rice market should increase bargaining power for rice farmers.