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Thailand plans to slash rice production; aims to reduce glut, boost prices

Tuesday, February 3, 2015 - 05:50

Bangkok

THAILAND, the world's biggest rice exporter, plans to cut production to reduce a local surplus and boost prices, complementing a drive by the government to sell record stockpiles that are clogging warehouses nationwide.

Rough-rice output may be cut to 33.73 million tonnes

sentifi.com

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