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Thailand held one of its biggest rice auctions
2016-06-20
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The Thailand government's rice stocks reached 18.7 million tons through various rice pledging schemes, which bought rice from farmers at prices 40% above market rates from 2011-14. The Thailand government called this its biggest rice auction to capitalize on higher demand as new supply wanes.

(written by Phusadee Arunmas)

Source: http://www.bangkokpost.com/business/news/999933/major-state-rice-auction-this-month

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