Chamber to offer rice plan

The Thai Chamber of Commerce tomorrow will outline for the junta ways to strengthen the Thai rice industry as part its overall agriculture-reform plan.

Chamber chairman Isara Vongkusolkij will make the presentation to the Public Private Partnership Committee headed by Gen Prayuth Chan-ocha, chief of the National Council for Peace and Order, discussing appropriate zoning of rice cultivation, improvement of irrigation systems and value chains, and flood prevention.

Mr Isara said he hoped the plans would support the intention of the NCPO to strengthen the Thai agricultural sector and develop food and energy security in the country.

Ideas to boost the Thai rice sector are only part of the chamber's agricultural-reform plan, which also will address cassava, palm oil, sugarcane and corn, Mr Isara said.

The Thai Rice Exporters Association reported that the NCPO's closure of government rice warehouses for stock checking boosted the price of 5% broken Thai white rice by $30 from to $410-420 per tonne on July 11.

Meanwhile, the same rice from Vietnam increased by $20 to $420-430 and Indian rice held steady at $430-440 per tonne.

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