BANGKOK (Reuters) – Thailand will sign a deal next month to sell South Africa 300,000 metric tons of rice worth 5.25 billion baht ($156 million), the commerce minister said on Tuesday.
Thailand is also negotiating to sell China 280,000 metric tons of rice to reduce excess supply in the country, Pichai Naripthaphan said in a statement.
($1 = 33.72 baht)
(Reporting by Thanadech Staporncharnchai; Writing by Orathai Sriring; Editing by John Mair)