Thailand will urge Bangladesh to order at least 300,000 tonnes of Thai rice soon as the government wants to dispose of some of its huge stocks of the grain, shore up local rice prices and prolong the rice-pledging scheme through the main crop. Commerce Minister Boonsong Teriyapirom will lead a Thai trade mission to Bangladesh in the middle of this month to finalise the contract. The price is expected to be US$600 (Bt18,600) per tonne, which is lower than the [...]
