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Export price quotations are not available this week due to the New Year’s holiday.
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.
Rice export prices increased 1- 4 percent mainly due to the strengthening of the Thai baht.
The Thai Food and Drug Administration (Thai FDA) has announced on its website the proposal to approve and add more plants or plant parts for use as a raw material for tea infusion products to the existing approved list under the Notification of the Ministry of Public Health No. 426 B.E. 2564 (2021) Re: Tea Infusion.
Rice export prices increased 1-2 percent due to the strong demand for Thai rice and the strengthening of the Thai baht.
The steady demand for Thai rice from ASEAN countries slightly boosted rice export prices and offset the weakening of the Thai baht.
Rice export prices increased 2-4 percent as the Thai baht strengthened and new crop rice harvesting was nearly completed.
Thailand has yet to finalize its Biodiversity Act. Since December 4, 2022, the Thai Food and Drug Administration has enforced two notifications regarding GE (termed “Genetically Modified” or GM) food imports, production and labeling.
Rice export prices increased 2-5 percent as the Thai baht strengthened.
Post increased the MY2023/23 rice production forecast to 19.9 MMT to reflect greater water availability than previously projected for the MY2023/24 off-season rice crop. The forecasts for MY2023/24 corn production and imports and MY2023/24 wheat...
Export rice prices increased 3-13 percent due to the strengthening of the Thai baht which offset the downward pressure on domestic rice prices.
Export rice prices fell by 1-3 percent as the Thai baht weakened and new paddy rice crop entered the market.