Year’s first rice auction attracts 31 bidders
The Thai Government’s first rice auction this year drew active interest from potential buyers, with 31 qualified bidders proposing to buy a combined 397,639 tonnes for 3.31 billion baht.
The proposed purchases account for 70% of the total 570,000 tonnes of rice put up for the latest auction called early this month by the Commerce Ministry, a mix of grains for human consumption and industrial use.
