Thailand's rice exports are likely to exceed 8 million tonnes this year, driven by the resumption of purchases by Iraq and India's restrictions on rice shipments.
Chookiat Ophaswongse, honorary president of the Thai Rice Exporters Association, said rice shipments will benefit if India maintains it ban on exports of broken rice and 20% duty on exports of various other types until the end of this year.
India, the world's biggest exporter of grain, a couple of weeks ago banned shipments of broken rice and slapped a 20% duty on exports of various other types as the country tries to boost supplies and calm prices after a below-average monsoon rainfall curtailed planting.
