US group fears Thailand will dump rice on world markets

Thai rice mountain casts shadow over world market – AFP, October 24, 2012
…”It’s the worst year we have ever faced,” said Chookiat Ophaswongse, honorary president of the Thai Rice Exporters Association.
“We are already losing our market share in the world to our competitors, especially the newcomers like Cambodia and Myanmar which are producing more and more rice for export,” he told AFP…

US group fears Thailand will dump rice on world markets – The Nation/Asia News Network. October 19, 2012
…The federation expressed concern about Thailand’s rice mortgage scheme and the effect it may have on increased Thai production and eventually exports, if all the stored rice is released on the market.
The USA Rice Federation is urging the World Trade Organisation to investigate the nation’s compliance…

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