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Launch of Agricultural Commodities Market in Thailand Delayed to October.

Bangkok Post (Bangkok, Thailand)

| January 03, 2002 | COPYRIGHT 2002 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Phusadee Arunmas

Jan. 3--The opening of the country's first agricultural commodities exchange will be delayed to October from April, according to Commerce Minister Adisai Bodharamik.

Mr Adisai said interested brokerage firms and traders could submit applications to take part in the market soon.

Qualified traders can include any Thai company or juristic person that has been established in compliance with local law. Brokerages must have minimum registered capital of 50 million baht. Foreign brokers, farmers' groups and farm co-operatives would be eligible to take part, Mr Adisai said yesterday after a meeting of the Agricultural Futures ...

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