200,000 tons of rice to be listed for auction on Aug 19

0
1170

BANGKOK, 11 August 2013 – 200,000 tons of rice will be listed for auction on August 19th from 9am to 4:30pm at the Foreign Trade Department. 

According to Akarapong Dipavajra, Director of the Rice Trade Administration Bureau under the Foreign Trade Department, the Commerce Ministry is set to list 200,000 tons of rice under the government’s rice pledging program for auction. The 200,000 tons of rice will be for both domestic consumption and export.

Bids can be submitted on August 19th, from 9am to 4:30pm at the Foreign Trade Department, Commerce Ministry.

The director also mentioned about previous rice auctions, saying contracts have already been signed. He also expressed his confidence that rice export this year will be at 8 million tons as targeted, adding that more government-to-government rice deals will be pushed forward.