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Reflecting strong demand for Thai rice, domestic and export prices grew 1-3 percent this week.

Post lowered MY2023/24 rice production estimate to 19.6 MMT due to water supply concerns.

Export prices further decreased 3-4 percent as downward price pressure from new supplies of MY2022/23 off-season rice offset the strengthening of the Thai baht.

Export prices decreased 1-2 percent due to the Thai baht hitting the lowest point in a month.

Export prices further increased 3-6 percent due to the panic buying reaction from the India’s rice export ban.

Export prices increased 4-10 percent due to the strengthening of the Thai baht and the panic buying reaction from the India’s rice export ban.

Export and domestic prices increased 1-6 percent due to the strengthening of the Thai baht and the continuing demand for Thai rice.

Export prices increased 4-6 percent mainly due to the strengthening of the Thai baht.

Export prices decreased 0.4-0.6 percent despite continued demand for Thai rice and the strengthening of the Thai baht.

Export and domestic rice prices increased 1-2 percent due to continued demand for Thai rice and the strengthening of the Thai baht.

This report gives an overview of Thailand’s food retail sector and current market updates. Food and beverage sales are driving Thailand’s retail sector.

This report includes updates in Section I. Food Laws: 1.2 Prohibited Food or Substances and 1.3.1 Pre-marketing Control...