Rice exporters upbeat about second-half prospects | Bangkok Post: business

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Rice exporters upbeat about second-half prospects

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The Thai Rice Exporters Association (TREA) expects exports to recover in the second half of this year, boosted by higher purchases from China, Hong Kong and Singapore during the peak season. 

But it still maintains its forecast for rice exports this year at 6.5 million tonnes worth US$4.65 billion, lower than the 8.5 million tonnes worth $5.7 billion set by the Commerce Ministry.

Last year, rice shipments totalled 6.95 million tonnes, down by 30% from 2011, making the country slip to third place among rice-exporting nations.

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