The government plans to push the average price of exported rice to US$700 a tonne and reap revenue of 200 billion baht by focusing on quality over quantity, says newly appointed Commerce Minister Boonsong Teriyapirom.
Thailand shipped 10.6 million tonnes of rice last year, up by 18% from 2010, with a total value of 190 billion baht, up by 13%. The average export price was $595 a tonne, up by 0.7%. The top five importers were Nigeria, Indonesia, Bangladesh, Iraq and Ivory Coast.
Mr Boonsong yesterday convened a meeting with related government and private-sector groups to discuss rice policy.
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