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Paddy| Thailand aims to produce 25 million tonnes

January 21, 2016 9:53 AM |

Thailand aims to produce 25 million tonnes (MT) of rice in 2016-2017, which is down from output of 27.06 MT a year earlier. Thailand, world's second biggest rice exporter after India, is holding back it’s stockpiles of about 13 MT of rice bought at higher-than-market prices under a previous government that spent billions of dollars to subsidise farmers.






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