Trade and markets
 

Detail

Area
Thailand
Commodity Group
Rice
Commodity
All
Date
14/06/2016
Policy Category
Production
Policy Instrument
Production support
Description
Approved a budget of THB 6.8 billion (USD 193 million) to implement an on-farm mortgaging programme for fragrant and glutinous paddy from northern and north-eastern provinces. The scheme will be run between May and December 2016, also providing traders and processors with an interest rate cut to encourage them to store paddy for up to six months.
Notes
Exchange rate as of 1 July 2016.