Rice auctions off to slow start | Bangkok Post: business

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Rice auctions off to slow start

  • Published: | Viewed: 2,684 | Comments: 3
  • Newspaper section: Business
  • Writer: Phusadee Arunmas 
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The military regime has been able to sell only 73,000 tonnes of rice out of 167,000 tonnes put up for auction on Aug 7. 

Officials examine bidding documents at last week's auction. TAWATCHAI KEMGUMNERD  

Duangporn Rodphaya, director-general of the Foreign Trade Department, said a recent meeting of the junta chaired by Gen Chatchai Sarikalya, deputy head of economic affairs for the National Council for Peace and Order (NCPO), endorsed the Commerce Ministry selling 73,000 tonnes to 11 winning bidders for 740 million baht.

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