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Rice export prices remain under downward pressure due to competition from Vietnamese rice and further weakening of the Thai baht.
Rice export prices declined 2 percent due to the weakening Thai baht and the sale of the remaining 2 million metric tons of government rice stocks.
Rice export prices remain unchanged as traders are awaiting the result of two tenders totaling 2 million metric tons that the government will issue this week.
Export prices of white rice declined 2 to 3 percent due to the lack of new inquiries and the sale of government stocks.
The MY2018/19 rice production forecast is revised up to 21.2 million metric tons, a 4 percent increase from MY2017/18 due to larger than expected main crop fragrant rice acreage.
Rice export prices increased around 1 percent due to the strengthening Thai baht and new demand for white rice from the Philippine government.
Export prices increased 1 to 2 percent due to tighter domestic supplies.
Export prices declined 1 to 4 percent due to the expected upcoming sale of government rice stocks and the weakening of the Thai baht.
Export prices increased 1 to 4 percent due to announcement of a smaller-than-expected rice tender by the government.
Export prices declined 2 percent due to new supplies of off-season rice harvest and anticipated sales of government rice stocks.
The Thai broiler industry has enjoyed a profitable year and will expand modestly in 2014 and 2015.
Export prices declined slightly as new off-season rice supplies entered the market. The government plans to issue a new public tender for rice stocks in early September.