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Rice export prices, particularly white and parboiled rice, dropped 5-11 percent from the previous week due to competition from Indian rice and the weakening of the Thai baht.
FAS/Bangkok (Post) forecasts MY 2024/25 sugar production to increase to 10.2 MMT. MY 2023/24 sugar exports are likely to decline 26 percent due to competition from Brazil. Post expects sugar exports to double in MY 2024/25 from MY 2023/24 in anticipation of tight exportable sugar supplies in the major exporting countries.
Rice export prices further dropped 1-6 percent from the previous week in response to the removal of India’s rice export ban, despite the strengthening of the Thai baht.
This report provides an overview of Thailand’s food retail sector along with the latest market updates. Thailand's retail industry continued to evolve and improve, driven by increasing consumer demand for convenience.
Rice export prices further dropped 2-6 percent from the previous week despite a strengthening of the Thai baht to a 19-month high.
Rice export prices further dropped one percent from the previous week.
Rice export prices dropped 1-3 percent from the previous week despite the strengthening of the Thai baht.
Rice export prices increased 1-6 percent from the previous week despite the weakening of the Thai baht against the U.S. dollar.
FAS Bangkok (Post) expects chicken meat production to increase slightly in 2024 due to limited supplies of day-old chicks and the slow recovery in domestic consumption amid strong export demand.
Rice export prices remain unchanged despite the appreciation of the Thai baht against the U.S. dollar, except for parboiled and fragrant rice prices which increased 1-2 percent, following the steady export demand.
FAS Bangkok forecasts Thailand’s rice and corn production to increase in MY 2024/25 due to acreage expansion and average yield improvement, compared to MY 2023/24.
The report details the Department of Agriculture's regulation on the criteria, methods, and conditions for certifying genome-edited plants. This regulation enables Thailand to access new plant varieties, enhancing the country’s ability to address food security and climate change challenges.