Thailand bullish on rice exports as prices soften


	Thailand bullish on rice exports as prices soften

Socratoad

7-5-2008 9:56 AM

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/b436f7fb-3ebb-4d0e-9c8f-569dbb2c39c2/602F5EFB-B5E0-4959-B5EB-8CBB76B3033A/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.earthtimes.org/articles/show/216982,thailand-bullish-on-rice-exports-as-prices-soften.html" href="http://www.earthtimes.org/articles/show/216982,thailand-bullish-on-rice-exports-as-prices-soften.html" style="font-size: 11px;">www.earthtimes.org</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.earthtimes.org/articles/show/216982,thailand-bullish-on-rice-exports-as-prices-soften.html"><H1>
                        Thailand bullish on rice exports as prices soften                       </H1></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.earthtimes.org/articles/show/216982,thailand-bullish-on-rice-exports-as-prices-soften.html">Bangkok - Thai rice exports should hit ten million tonnes this year, because prices are falling away following record highs two months ago, said the Thai Rice Exporters Association in reports Saturday. Several countries, including Iran, Indonesia and Nigeria delayed ordering rice earlier this year from Thailand - the world's biggest exporter - as prices climbed. <P></P>The benchmark 100 per cent grade B white Thai rice reached 1,038 dollars a tonne in mid-May as big producers China, India and Vietnam curbed exports on fears of domestic food shortages. In 2007, Thailand's rice exports hit a historic high of 9.55 million tons, earning the country 3.6 billion dollars. <P></P>Over the last week export prices were down between 20 and 30 dollars a tonne and may weaken further as global production rises, said Sunny Verghese of Olam International told the Nation newspaper.</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/602F5EFB-B5E0-4959-B5EB-8CBB76B3033A/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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