Expansion of Afet meant to end losses | Bangkok Post: business

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Expansion of Afet meant to end losses

The Agricultural Futures Exchange of Thailand (Afet) is set to break even by 2014 and plans to increase local and foreign brokers, investors and new products.

Afet has operated since 2004 for trading farm goods including rubber, tapioca, rice and canned pineapple.

However, it still has an operating loss and trades only 300-400 contracts a day, well short of its target of 1,000.

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