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Thailand plans to slash rice production; aims to reduce glut, boost prices
Published Mon, Feb 2, 2015 · 09:50 PM
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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 by 2016-2017, down f…
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