Paddy| Thailand government is negotiating to sell between 600000 to 800000 tonnes.

May 14, 2014 9:59 AM | Skymet Weather Team

Thailand government is negotiating to sell between 600000 to 800000 tonnes of 5 percent broken white rice toMalaysia, a deal that traders forecast will have to be priced substantially below market rates if it is to be clinched. Thai rice this year fetching rates below Vietnamese prices for first time in two decades.

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