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Export prices of white and parboiled rice further decreased 4-5 percent.
The outbreak of COVID-19 has had a significant impact on the foodservice sector. Due to ongoing disruptions during the crisis, operators need to stay agile and adapt their business strategy in order to survive.
Export prices of all grades of rice decreased one percent due to a further weakening of the Thai baht against the U.S. dollar.
Export prices of all grades of rice decreased 2-3 percent due to a further weakening of the Thai baht against the U.S. dollar caused by increasing concerns of the current COVID-19 situation in Thailand.
Export prices of white and parboiled rice decreased 2-3 percent due to the further weakening of the Thai baht against the U.S. dollar.
This report gives an overview of Thailand’s food retail sector and current market updates. The food and beverage industry is one of the biggest retail segments in Thailand.
Export prices of all grades of rice remain unchanged.
Export prices are steady due to light trading ahead of an expected government tender announcement in the week of March 2. Sources indicate the upcoming tender is likely to include only white rice.
Export prices declined only around 1 percent due to lower-than-expected sales of government stocks. A new government tender for 1 million metric tons is expected by February 27.
Export prices are steady while traders wait for the result of the one million metric ton rice tender.
On 29 December, 2014, the Ministry of Finance issued a Notification providing further preferential duty reduction schedules under Section 12 of the Customs Tariff Decree B.E. 2530 for imported seafood
Thai rice exports reached a record 11 million metric tons in 2014 driven by the sales of government stocks.