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Bangkok Post

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DARK SECRETS: Strong baht could trim thai rice exports | Rare Historical Photos

Chookiat Ophaswongse United States

Officers with the Indonesian Logistics Bureau check sacks of rice imported from Thailand before they are unloaded from a ship at Malahayati port in Krueng Raya in Aceh province on Jan 4. (Photo: AFP)

A stronger baht could reduce the volume of Thai rice exports to 7.5 million tonnes this year from a previous target of 8 million, the Thai Rice Exporters Association said on Wednesday.

“The exchange rate is a crucial factor … and has increased the price of Thai rice by $40 to $50 (per tonne),” said Chookiat Ophaswongse, honorary president of the association.

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