Altogether 22 pre-qualification bids were submitted with the Foreign Trade Department for 1.04 million tonnes of degraded rice held in 157 warehouses in 37 provinces.
The department will announce a list of the qualified bidders this Friday and will allow them to submit their price bids for the rice which are not meant for consumption by both humans nor animals.
The rice on auction are divided into 16 types, including 100 percent Hom Mali, white rice, Pathum Thani rice and Hom rice.
Qualified bidders must have an industrial license and must clearly specify the end use of the rice they are to purchase in order to prevent the rice from being sold for consumption purpose.
The rice are ideal for the production of ethanol and biomass.
Source: Thai Public Broadcasting Service (Thai PBS)