Thailand seeks ties with India, Vietnam to support rice prices

Commerce Ministry says paddy prices down by 30% as exports expected to fall 24%

20250306 Thailand rice

A farmer sprays pesticide over his rice field in Nonthaburi province, on the outskirts of Bangkok. © Reuters

BANGKOK (Reuters) -- Thailand is seeking cooperation with India and Vietnam to find ways to tackle falling rice prices, the Thai commerce minister said on Thursday, amid simmering protests by local farmers calling for more support from the government.

Thailand is in talks with both countries to reduce competition, hoping to create a balance in rice prices in the global market and help farmers have stable income, Pichai Naripthaphan told parliament.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.