THAI RICE EXPORTS SEEN REACHING 8.5 MLN METRIC TONS THIS YEAR, ASSOCIATION
BANGKOK, Sept 20 (Reuters) -Thailand's rice exports could reach 8.5 million metric tons this year, exceeding the 2024 target, before falling to 6.5 million tons next year as the strength of the baht THB=TH weighs on demand, the Rice Exporters Association said on Friday.
The association is concerned that currency appreciation will impact rice exports next year and there will be increased competition, honorary president Chukiat Opaswong told Reuters.
The association has earlier set a target for rice exports at 8.2 million tons this year.
Reporting by Orathai Sriring, Kitiphong Thaichareon and Thanadech Staporncharnchai, Panarat Thepgumpanat; Writing by Orathai Sriring; Editing by John Mair
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