|Govt to sell 8m tonnes from rice stocks this year |
The government plans to sell 8 million tonnes of white rice inventory within this year, Wiboonlasana Ruamraksa, permanent secretary at the Commerce Ministry, said on Wednesday after a meeting of the National Rice Policy Committee.
The inventory is part of rice stocks of 18 million tonnes accumulated from the rice subsidy scheme implemented by previous governments.
The 8 million tonnes comprise three grades of rice: 3 million tonnes food grade; 3.66 million tonnes industrial-use grade; and a million ton of rotten rice, which can be used only for alcohol production.
Last month, the Commerce Ministry put up 1.3 million tonnes of food-grade rice for auction and another 1.5 million tonnes will be put up for auction in May.
Nineteen traders are participating in the auction for industrial-use grade rice, she said.
|New bids eat at inedible rice stockpile (Bangkok Post, 16 Jun 2017) |
15 bidders for 2.07m tonnes of inedible state rice stocks (Bangkok Post, 24 Mar 2017)
Rice exports could slip (Bangkok Post, 3 Feb 2017)
Govt plans to clear rice stocks in H1 (The Nation, 3 Feb 2017)
Second-crop rice farmers encouraged to diversify (Bangkok Post, 19 Jan 2017)
Sticky rice subsidized (Bangkok Post, 19 Nov 2016)
Rice farmers urge haste on storage scheme (Bangkok Post, 28 Oct 2016)
Ministry urges exporters to buy more jasmine rice to push up price (Thai PBS, 21 Oct 2016)
State clears B 7.2 bn rice stock sale (Bangkok Post, 8 Sep 2016)
Thailand wins bid to export rice to Philippines (The Nation, 1 Sep 2016)
Rice export to rise to 9.5 million tons throughout this year (NNT, 4 Aug 2016)
Thai rice faces global price war (Bangkok Post, 3 Aug 2016)
Panel gives nod to auction 11.4m tonnes of state rice (Bangkok Post, 26 Apr 2016)
Rice auction brings good response (Bangkok Post, 27 Feb 2016)
Rice exporters brace for fluctuations amid oil volatility, climate change (The Nation, 28 Jan 2016)
Rice export goal for 2015 still on course (Bangkok Post, 15 Dec 2015)
Agriculture - Another B6.3bn in state rice stocks sold (Source: Bangkok Post August 12, 2015)
New rice deals hammered out with African countries [Jul 29, 2015]
Plan to convert deteriorated rice into fuel [Jul 3, 2015]
El Nino to erode Thai output by 2% [Jul 2, 2015]
2.6m tonnes of rice stock bids planned by August. [Jun 6, 2015]
'Balance of rice supply and demand key to food security'. [May 21, 2015]
Chatchai stokes rice sales. [Apr 23, 2015]
Govt delays rice auction as market price declines. [Mar 21, 2015]
Rice stockpiles to be cleared in 2 years ( 27 FEB 2015 )
Thailand set to reclaim top rice exporter title; Expected to sell up to 10.5m tonnes in 2015. [Dec 23, 2014]
New strategy aimed at selling rice stocks. [Dec 8, 2014]
Govt cooperates with traders to boost Hom Mali market in Hong Kong. [Nov 19, 2014]
Thailand to sign G to G deal with China on 2.2 million tons of rice and rubber. [Nov 14, 2014]
Plan to improve all aspects of rice industry. [Oct 6, 2014]
Minister urges end to off-season rice farms, Pitipong says water shortage critical. [Oct 6, 2014]
New panel to look at rice prices. [Sep 18, 2014]
Rice panel to be asked to solve problems that traders face. [Sep 15, 2014]
Thailand exports more rice than India, Vietnam. [Sep 7, 2014]
Delegation to promote more rice shipments from Thailand to China. [Sep 4, 2014]
First bid - Rice bids below ministry's floor prices. [Aug 8, 2014]
Rice sales - China deal back on track, Trade officials bullish about buyer response. [Aug 5, 2014]
Stockpiled rice mostly of good quality, ministry insists. [Jul 9, 2014]
Thailand again biggest rice exporter; Thailand regains the lead. [Jun 5, 2014]
17 Bidders compete for govt stockpiled rice. [May 15, 2014]
Thailand to benefit from growing world rice demand, market monitors say. [Apr 14, 2014]
Price war seen as Thai rice glut swamps market. [Apr 4, 2014]
34 parties bidding in latest rice auction. [Mar 10, 2014]
Stock release may hit prices. [Feb 26, 2014]
Overwhelming response to rice sale. [Feb 13, 2014]
AFET rice sale goes well. [Jan 23, 2014]
Rice Export - Govt targets rice exports of 8m tonnes next year. [Dec 27, 2013]
Caretaker govt continues rice subsidy scheme. [Dec 12, 2013]
Thai rice export outlook improves. [Nov 23, 2013]
Further monetary easing needed. [Nov 14, 2013]
IMF calls on Thailand to end costly rice subsidies. [Nov 13, 2013]
Govt auctioning 140,000 tonnes of rice tomorrow. [Oct 24, 2013]
Govt plans to release 6-7m tonnes of rice a year under G2G, private deals. [Oct 21, 2013]
Souvenir jasmine rice packets to be sold at airports. [Oct 4, 2013]
Bt400 bn rice pledging loss in 2 years refuted. [Oct 1, 2013]
Chamber seeks farming structural reform to avoid dependency on subsidies. [Sep 18, 2013]
China rice deal not a set-up, says minister. [Sep 17, 2013]
Minister says cost of rice scheme will not exceed Bt500 billion. [Aug 14, 2013]
Rice stockpile size still secret. [Aug 13, 2013]
Commerce Ministry to trade 150,000 tonnes of rice on futures exchange. [Aug 9, 2013]
Govt to open 500,000 of stockpiled rice to bidding. [Jul 4, 2013]
Govt denies reports of Thai rice shipments detained by US. [Jun 29, 2013]
Govt forced to cut rice price 10-20%. [Jun 18, 2013]
Boonsong to bid for lower rice pledge price ceiling. [Jun 8, 2013]
Commerce Minister confident 2013 rice exports will meet target. [Jun 7, 2013]
Bleak future seen for Thai rice exporters. [May 27, 2013]
State frets about pledging overages. [Apr 19, 2013]
Exporters call on govt to release older rice from stockpiles. [Apr 9, 2013]
Cabinet backs rice budget, other projects. [Apr 1, 2013]
Govt admits rice scheme debt. [Mar 22, 2013]
Government says rice pledging price to remain static. [Mar 11, 2013]
Vatchari makes U-turn, says rice pledge price to stay put. [Mar 1, 2013]
Ministry seeks to trim rice price. [Feb 28, 2013]
Govt promoting rice sales at trade fairs in Germany, UAE. [Feb 14, 2013]
FAO warns of rice warehouse shortage. [Feb 11, 2013]
Ministry rejects Democrats' complaints over poor rice quality. [Feb 11, 2013]
Rice exports to sink deeper, 6.5m tonnes vs official forecast of 8.5m. [Jan 31, 2013]
Commerce Min expects 500,000 tons of rice export in January. [Jan 15, 2013]
Government running out of space to store pledged rice. [Jan 14, 2013]
Rice exporters decry new measure; Ministry move 'another blow against industry'. [Jan 7, 2013]
7m tonnes under G2G deals planned for this year. [Jan 3, 2013]
World Bank: Rice scheme will incur huge losses. [Dec 20, 2012]
China ups rice buying - from Vietnam. [Dec 13, 2012]
Commerce to return Bt80 bn to BAAC. [Dec 7, 2012]
Three firms ink Bt6.24-bn deals; shipments start next year. [Nov 22, 2012]
Bid to regain top spot in rice exports [Nov 6, 2012]
Rice exports short of target. [Nov 3, 2012]
Commerce Ministry defends rice scheme. [Sep 27, 2012]
Govt to continue rice pledging. [Sep 21, 2012]
Thailand says in deals to sell rice, buyers deny purchases. [Sep 13, 2012]
30 bidders take part in govt rice auction. [Aug 29, 2012]
Govt to face Bt5,000/tonne loss at rice sale:Traders say. [Aug 27, 2012]
Govt shrugs off rice probe, US will send adviser to look into subsidy claim. [Aug 10, 2012]
Rice stockpile to be bid without price floor. [Aug 2, 2012]
Thailand pushing for bigger Philippine quota. [Aug 1, 2012]
Rice pledging scheme extended in bid to keep high domestic prices for Nov crop. [Jul 11, 2012]
Next rice crop moved up to Aug 1. [Jun 25, 2012]
Rice sector assured over foreign takeovers. [Jun 22, 2012]
Govt to continue rice pledging next year despite complaints. [Jun 5, 2012]
Ministry stands by rice policy. [May 22, 2012]
Thai delegation heads to Dhaka with rice offer. [May 7, 2012]
FAO: World rice harvest forecast to rise in 2012. [May 5, 2012]
Commerce minister orders probe. [May 2, 2012]
Kingdom eyes five-nation rice trade cooperation. [Apr 15, 2012]
Rice exports improving in March on sales to Nigeria. [Mar 23, 2012]
Thailand inks MoU on selling 1 mln tonnes of rice annually to Bangladesh. [Mar 16, 2012]
Govt to hold back rice exports. [Mar 2, 2012]
Indian rice exports taking toll. [Feb 13, 2012]
Rice prices falling despite floods in South-East Asia. [Jan 20, 2012]
Thailand's rice exports likely to drop this year. [Jan 17, 2012]
Ministry in hunt for missing rice; Shortfall in mortgage scheme draws adit. [Jan 6, 2012]
Rice, utility prices to rise this year. [Jan 5, 2012]
BAAC, CP to help farmers lift output. [Dec 2, 2011]
Low-calibre rice going up for bid to feed meal makers. [Nov 28, 2011]
Rice-pledging: 'Huge loss' on the cards. [Nov 16, 2011]
Thai crisis to be factor in 2012 drop in rice-trade: FAO. [Nov 14, 2011]
Direct rice dealing possible; Farmers seek to avoid red tape. [Nov 8, 2011]
Flooding in Thailand paralysis rice trade.[30oct2011]
Hasty pledging questioned. [Sep 5, 2011]
Thai export rice price to exceed $700 per ton, Yanyong says. [Sep 2, 2011]
Farmers urged to focus on white rice. [Aug 1, 2011]
Price pledging policy will create distortion in market. [Aug 1, 2011]
Commerce Ministry confirms no shortage of rice. [Jul 21, 2011]
Exporters worried about baht policy. [Jul 9, 2011]
Rice traders await clarity on PT policy. [Jul 5, 2011]
Record volume of 14 M tonnes seen this year. [Jun 22, 2011]
Election set to see rice prices leap. [Jun 21, 2011]
To pledge or guarantee? [May 18, 2011]
Rice price may peak at $550 a ton Q3 2011. [Apr 27, 2011]
Asia Grain Outlook: Rice May Fall More On Weak Africa Demand. [Apr 15, 2011]
New deal may spur market. [Apr 5, 2011]
Thailand planning fewer rice harvests in pest fight means drop in exports. [Mar 24, 2011]
Cabinet approves B200m assistance for Japan. [Mar 15, 2011]
Rice farmers against new price guarantee schem. [Mar 9, 2011]
Hong Kong remains major importer of Hom Mali fragrant rice. [Feb 22, 2011]
Commerce ministry dismisses bagged rice price hike. [Feb 18, 2011]
Weaker dong a challenge. [Feb 12, 2011]
Rice panel rejects B30 bn buy. [Feb 1, 2011]
Road shows scheduled in potential new rice markets. [Jan 20, 2011]
Rice exports to get a boost this year. [Jan 8, 2011]
CP rice business goes to the source; Farming ventures test new techniques. [Jan 3, 2011]
Strong baht hits appetite for Thai rice.[DEC,14 2010]
Jasmine rice task force heads for Hong Kong. [Dec 13, 2010]
Rice prices may gain as Thailand cuts crop outlook. [Nov 24, 2010]
Rice harvest could be down 20%.(NOV 17,2010)
First price index for rice industry launched.(NOV 17, 2010)
Cabinet tries to stop sale of rice stockpile. (Nov 4 ,2010)
Thai floods kill 68, destroy crops, threaten economic growth. Nov 3, 2010
Worry over flood impact on crops.Oct 22,2010
Thai rice exports hang on baht, India. Oct 14, 2010
Commerce Ministry pressured over rice deal as harvest nears. [Oct 8, 2010]
Thai rice pays the price for high cost. [Sep 21, 2010]
Thai rice may gain about 10% on demand, Apichart says. [SEP 8 2010]
Rice prices pick up as demand improves. [Aug 23 , 2010]
Thai agri exports immune to dong devaluation.
Asean rice firm plan to be dusted off.
Commerce ministry to export stockpiled rice to foreign markets.
Price pressure compels many exporters to slash stocks. [Jul 12, 2010]
Kasikorn Research Center: Thai rice exports on decline. [Jul 7, 2010]
Commerce told to gradually release rice stocks.
Rice supply to be increased next month.
Drought-hit farmers asked to delay sowing crops.
Rice sales get green light.
Govt plans paddy production hike.
Govt agrees to more rice purchase units.
New guarantee scheme expected to boost rice price.
Rice plans fall victim to rallies.
Commerce plans to increase paddy price; B200 jump per tonne to appease farmers.
Rice 'reference price' lowered to protect farm.
Fresh approach needed for rice management.
Commerce Ministry to move crop in the market.
Strong baht could mar rice exports.
Govt to implement rice pledging scheme and price guarantee measures simultaneously.
Retailers told to trim rice prices.[Dec 8, 2009]
Paddy prices may go up. [Nov 6, 2009]
Govt asked to do more to protect local rice industry after Afta takes effect.
Bidding to open for white rice.
Guarantee prices of maize, cassava, paddy rice finalised on Thurs. [Aug 27, 2009]
Farmers association wants guaranteed rice price soon.
Thailand : Weekly Rice Price Update. [Jul 14, 2009]
Thailand : Weekly Rice Price Update. [Jun 30, 2009]
Rice exporters relieved by Indian delay.
Commerce ministry to fine-tune rice price guarantee scheme.
Asia rice-Thai prices bounce on govt stocks sale delay.
Govt to regulate rice imports.
Vietnam, Thailand cooperate in rice production, exports.
Rice-quality rules urged.
Thai rice prospect for 2008-2009 in the eyes of Sumeth Laomoraporn (04 Nov 2008)
Thailand : Weekly Rice Price Update. [Feb 3, 2009]
Grant of Right for Future Trade to Farmers (30 Oct.. 08)
Rice millers aghast at govt plan to put stockpiles up for bid.
Bt 63-bn budget sought for agricultural pledging programmes.