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Rice export prices increased 2-3 percent due to the strengthening of the Thai baht which offset the downward pressure on domestic rice prices.
Post forecasts MY2022/23 cotton imports to increase 4 percent but remain well below the 5-year average annual import demand from MY2017/18 – MY2021/22 in anticipation of slow economic recovery in 2023.
Post forecasts that MY2023/24 rice production will reach a five-year record of 20.4 million metric tons due to abundant water supplies and attractive farm-gate prices.
Rice export prices decreased 1 percent as new supplies of MY2022/23 off-season rice continued entering the market.
Rice export prices increased 1 percent.
Rice export prices declined 1-2 percent due to the weakening of the Thai baht.
Thailand has witnessed tremendous e-commence growth over the past three years. Online grocery services have become one of the fastest-growing e-commerce categories in the country.
Rice export prices declined 2-5 percent due mainly to the weakening of the Thai baht.
Rice export prices declined 2-5 percent as new supplies of MY2022/23 off-season rice entered the market.
Rice export prices dropped 1-2 percent due to the weakening of the Thai baht and new supplies of MY2022/23 off-season rice.
FAS Rangoon forecasts Burma’s corn production lower due to rising production costs, unstable security conditions in some production areas, and unfavorable weather especially in Shan State.
Rice export prices increased slightly despite the weakening of the Thai baht.