THAILAND WANTS OPEC-LIKE CARTEL FOR RICE.

from BERNAMA, The Malaysian National News Agency BANGKOK, April 26 (Bernama) -- With the rice price soaring in tandem with the skyrocketing oil price, Thailand's largest enterprise has call on the government to form an Opec-like alliance on rice to elevate its price.

CP Group chairman, Dhanin Chearavanont, said Thailand, the world's biggest rice exporter, should approach three major rice-producing countries, namely China, Vietnam and India, to form the alliance similar to the Organisation of Petroleum Exporting Countries (Opec).

"Today Vietnam has halted its export of rice for fear of domestic shortage. China alone doesn't have excess rice for export, while India may …