Thailand to raise rice, crude palm oil reserves for El Nino
Bangkok, Sept. 26 -- Director-General of the Department of Internal Trade (DIT) of Thailand Wittayakorn Maneenet has unveiled a plan to address drought caused by El Nino, including a proposal to increase rice and crude palm oil stocks for national food security and as a mechanism to stabilise the market, reported the Asia News Network. The proposal will raise rice reserves by 30% under the Strategic Rice Reserve and crude palm oil reserves by 20% to guard against risks to domestic supply and prices. Thailand will not face shortages of rice and palm oil because of El Nino as it is a major producer, Wittayakorn said. Rice and bottled palm oil prices are not expected to rise significantly because stocks are sufficient and shortages are not exp...
Click here to read full article from source
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.