Rice Scandal: Thai Senators Want Court To Examine Rice Deals

[hellodolly]

I read this article in disbelief. Just a few months ago the opposition complained about the low sales of Rice. Now the opposition are 'chewing at the bit' because the government have sold 7.32 million tons of Rice during the third quarter 2012 and forecast further sales of rice during the forth quarter of 2012 and during the first quarter 2013 at higher prices.

Further It is just a few weeks ago that Thai Visa reported that the opposition were implying that the Thai government are incompetent because Khun Abhisit had stated that "Thailand had lost influence the international market for rice".

However it would seem to me that during these difficult times that the Thai government is on track to secure Thailand's profitable future in the World market for her rice whilst retaining her position at the center of that market.

You might want to check on thecentr of the market. You will see India standing there. Thailand stands in the center of the market for rice on hand that they can not sell.

Have you missed it they are looking for more places to store rice. This did not happen when they were in the center of the market.

Sell 7.32 million tons and buy 10.32 million tons makes no sense.