Thailand's Deputy Prime Minister and Minister of Commerce Phumtham Wechayachai said on May 13 that the government wants to sell the last stocks of decade-old rice.
Thailand's Deputy Prime Minister and Minister of Commerce Phumtham Wechayachai. (Photo: bangkokpost.com)
Bangkok (VNA) – Thailand's Deputy Prime Minister and Minister of Commerce Phumtham Wechayachai said on May 13 thatꦰ the government wants to sell the ꦯlast stocks of decade-old rice.
Phumtham said that he wants to auction off the rice left over from the controversial rice-pledging scheme of former PM Yingluck Shinawatra's administration so the government can at least earn some money, the Bangkok Post reported.
He stressed that it is better than leaving the rice to rot to no value.
Responding to concerns about aflatoxins in the decade-old rice that can cause cancer, Phumtham claimed that if the quality of the rice is improved using modern technology, it will be safe to eat.
In a relating move, on the same day, Minister of Defence Sutin Klungsang denied a report that his ministry will buy the decade-old rice to feed soldiers.
PM Srettha Thavisin said earlier that the government will send samples of the decade-old rice for lab tests to ensure its safety.
A well-known organic chemistry expert who was asked by a media outlet to test samples taken from Surin has said he found aflatoxins on the rice.
Aflatoxins have been associated with an increased risk of liver cancer./.
Thai rice exporters expect global prices will increase in the second quarter because of the impact of the El Niño phenomenon and India's rice export restrictions, reported the Bangkok Post.
Thai Deputy Prime Minister and Minister of Commerce Phumtham Wechayachai has believed that the country can export more jasmine rice to Italy, as India has restricted its exports and two other exporters have been deprived of their tax privileges by the European Union (EU).
Thailand's rice exports in the first three months of 2024 reached 2.5 million tonnes, 500,000 tonnes higher than the number recorded in 2023's first quarter, said the government's spokesperson Chai Watcharonke.
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