Nonthaburi, July 31 – Permanent Secretary of Commerce ordered the Department of Foreign Trade. The Department of Internal Trade, the Commercial Attaché, monitors the rice situation. After India banned the export of white rice before assessing the situation and making a response plan Stated that Thai rice is sufficient, there is no shortage. Although there are problems in some areas of drought Expected to export more than 8 million tonnes this year, the price of paddy rice has risen, ready to join hands with "Agriculture" to prepare a plan to deal with El Niño. Protect rice production from drought.
Kirati Ratchano, Permanent Secretary of the Ministry of Commerce revealed that it had ordered the relevant departments of the Ministry of Commerce Both the Department of Foreign Trade Department of Internal Trade and Director of the Office of Foreign Trade Promotion or commercial ambassador who is stationed in a country that produces rice, exports rice, or imports rice to closely monitor the rice situation After India announced a ban on exports of white rice. Since July 20, 2023, to bring information or trends that occur Let's continue to formulate plans and measures on Thai rice.
However, by instructing the Department of Foreign Trade to monitor the export situation to see how it tends to increase. Which country has more demand? What is the export price situation? while the Department of Internal Trade to monitor the stock situation in the country Domestic rice prices and commercial ambassador Keep track of how each country has measures and policies on rice. Is there an increase in demand? and when seeing a clear picture, the direction of the rice how will it be The Ministry of Commerce will come to make plans and measures on rice. with assumptions ranging from light to heavy It depends on how serious the situation of rice in the world market is. If it's still normal, nothing, don't do anything. Let the market forces continue to drive. But if we start to see signs of higher demand for rice will consider what measures to take which may not be needed at all Because Thailand is a major rice producer in the world. productivity is sufficient and left to be exported
However, it is expected that in 1-2 weeks you will see a clearer picture of what the trend of the world rice market will be. Initially, there is definitely no shortage in the country. Because Thailand is a rice producing country. and the remainder for export But it will benefit more rice exports, so this year's exports should exceed 8 million tons from the target. and domestic rice prices will improve which is good for farmers to have more income But the Ministry of Commerce is more concerned about the drought caused by the El Niño phenomenon. It is estimated that it will continue for 1-3 years, which will likely affect rice cultivation in Thailand. and causing the amount of Thai rice production to decrease Recently, there has been a discussion with the Permanent Secretary of the Ministry of Agriculture and Cooperatives. in order to jointly make a countermeasure plan to prevent the problem of reduced productivity, etc.-Thai News Agency
Source: Thai News Agency