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Bangkok Post, Thailand, business briefs column.
Feb. 7--FIVE WIN RICE BIDS:
COMMODITIES: Five local rice exporters have won bids to buy a total of 623,000 tonnes of 5 percent grade white rice from the Commerce Ministry.
Officials said they were satisfied with the offered prices, which ranged from US$295 to $300 per tonne. The auction earned $184 million, or about 7.3 billion baht, for state coffers, said Rachane Potjanasunthorn, director-general of the ministry's Foreign Trade Department.
The bid winners were President Agri Trading, which offered $295 a tonne for 466,630 tonnes of rice; Thai Hua (2511) Co (53,723 tonnes at $297 each); Chia Meng (40,487.2 tonnes at $297 each); Capital Cereal ...
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Source: HighBeam Research, Bangkok Post, Thailand, business briefs column.