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Veteran of Foreign Peace - Returned Peace Corps Volunteer
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Thailand braces for rice crisis

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Thailand, the world's largest rice exporter, could face a shortage of rice after skyrocketing prices have encouraged traders to substantially increase their export volumes, Prasert Kosalwit, the director-general of the Rice Department, said yesterday.

Concerns over shortages could lead to the introduction of measures to control the amount of rice exported in the second half of this year if the price continues to increase. The measures have been floated by Deputy Commerce Minister Wiroon Techapaiboon.

Fears of a shortage come against a backdrop of signs of rice shortages in some countries, including the Philippines and neighbouring Cambodia.

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{"commentId":1630142,"authorDomain":"michaelsautter"}

I wouldn't be surprised if Thailand keeps some of its rice off the world market which will increase the price of rice.

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  • 1 vote
Reply#1 - Fri Mar 28, 2008 11:33 AM EDT
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