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Sat, 19/05/2012 - 8:56 am.
DJ Thai Govt Offers To Sell 913,439 Tons Of Rice From Stocks Fri

30-101.jpgBANGKOK (Dow Jones)--Thailand's Commerce Ministry offered Friday to sell a combined 913,439 metric tons of rice from its stocks, Apriradi Tantraporn, director-general of the Department of Foreign Trade said. 
 
The rice on offer consists of jasmine fragrant grade and white 5% broken and 25% broken grades from the 2004-05 and 2005-06 crop years accumulated under its price intervention programs, Apriradi said.

Of the total, 541,447 tons is white 5% broken rice, 101,013 tons is white 25% broken and 270,979 tons is jasmine fragrant rice from both crop years. 
 
The rice is mostly for exports and local rice exporters and millers are invited to submit their bids in Thai baht and U.S. dollar terms, she said. 
 
The rice sale will help the government reduce its stockpiles to 2.2 million tons from a total of 4.4 million tons, she said. 

 
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