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Rice export prices declined around 2 percent as supplies of new-crop white rice are entering the market.
Vietnam, Thailand, and Burma (Myanmar) are part of the fastest developing region in the world and account for roughly 221 million of Southeast Asia’s population.
This report contains information about Thailand’s food service industry.
Rice export prices remain unchanged as traders are waiting for MY2019/20 main crop white rice supplies which will enter the market in the next couple of weeks.
Rice export prices declined 1 to 3 percent due to the lack of new inquiries and less concerns about exchange rate volatility and the impact of dry spell and flooding....
Sugarcane production in MY2019/20 is forecast to decline by 6 percent from MY2018/19’s level, which will reduce sugar production to 13.5 MMT.
Rice export prices remain unchanged at high levels due to the concerns about current exchange rate volatility.
Export prices increased 1 percent due to lower-than-expected sales of government rice stocks.
U.S. exporters of foods in hermetically sealed containers to Thailand can use U.S. FDA’s Filed Process Filing document as the equivalent certificate to meet new requirements.
Export prices declined 1 percent as the government will issue a tender for around 400,000 metric tons on December 22.
Export prices declined 1 percent in anticipation of the sales of government rice stocks. The details of a new public tender for 400,000 metric tons will be announced on December 11, 2014.
Thai rice exports reached a record high in October 2014 fueled by the sales of the government stocks.