The Ministry of Commerce reported that 840,000 tons of rice out of the 1.06 million tons worth 7.8 billion baht in the government stockpile was sold in the 3rd auction.

Miss Banjongjit Angsusingh, Deputy Director-General of the Department Foreign Trade, said 40 out of the 43 qualified business operators made offers this time. She said 107 out of 153 silos of rice had been sold, netting 7.8 billion baht in a 840,000-ton rice deal.

The Deputy Director-General said her department would forward the auction result to the National Rice Policy Committee before officially announcing it to the public and the bid winner in due course.

Source: National News Bureau & Public Relations