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Rice export prices increased slightly due to the strengthening of the Thai baht.

Rice export prices rose 2-5 percent higher due to exporters’ concerns about the strengthening of the Thai baht.

Rice export prices increased 4-6 percent due to the strengthening of the Thai baht.

Quotations are not available this week due to the New Year’s holiday.

Malaysia retail food and HRI sector is expected to grow by 7.8 percent in 2023. U.S. exporters will see excellent opportunities in the retail food and food processing sectors as the country’s economy rebounds strongly after the COVID-19 pandemic shutdowns.

This guide serves as a resource for U.S. companies seeking to do business in Thailand and provides market overviews, practical tips and information on local business practices, consumer preferences, and trends. This report also identifies opportunities and entry approaches for the three major market sectors (food retail, food service, and food processing).

Post maintains the projections for 2021/22 and updates MY 2022/23 with an optimistic outlook on production resulting from good weather conditions and an improved labor situation.

Export prices increased 1-2 percent due to the strengthening of the Thai baht.

Export prices increased 3-4 percent due to new inquiries for new-crop rice supplies ahead of the holidays.

Export prices decreased one percent despite the continued strengthening of the Thai baht.

The forecasts for MY2022/23 rice and corn production remain unchanged from the previous forecasts, as well as corn and wheat import demand.

Export prices increased 1-3 percent due to the further strengthening of Thai baht and new inquiries.