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Export prices declined around 1 percent. China agreed to buy an additional 1 million metric tons of Thai rice in 2016. Results for the tender for “rotten” rice have yet to be finalized.
Italy is a leading EU consumer of wood pellets (3.4 million tons in 2014), with domestic consumption representing 96 percent of the total use.
Water supplies for dry season are the lowest in history. Farmers continued to plant off-season rice despite a Government ban.
Export prices remained unchanged. Thirteen bidders participated in the first public tender for non-food grade rice for industrial uses on December 1.
Export prices declined around 1 percent. The Government will issue the first public tender for non-food grade rice for industrial uses on December 1.
Italy’s MY 2015 almond production is forecast to increase from the previous year to approximately 12,000 MT thanks to favorable weather.
Italy is the largest peach and nectarine producer in the EU-28 and ranks second in the world after China. Italy’s MY2015/16 peach and nectarine production is forecast to slightly increase by 2.2%...
With more than 2.3 MMT, Italy provides approximately 20 percent of the EU-28 apple production. Italy’s MY 2015/16 apple production is forecast to decrease by 5.2 percent compared to the previous year.
Export prices were virtually unchanged from the previous week. The Government will issue a new public tender for non-food grade rice for industrial use by the end of November.
Despite the weakening Thai baht, export prices increased 1 percent as G-to-G agreement with Indonesia has been signed and shipments are beginning immediately.
Continued growth in Thailand livestock and poultry sectors is fueling larger-than-expected growth in soy protein demand.
Export prices declined around 1 percent due to quiet trading activities. Thai and Chinese Governments have finalized the delivery details of the 8th shipment under the 2014 G-to-G agreement.