Browse Data and Analysis

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

On February 4, President Ma signed an amendment shifting regulatory authority of genetically engineered events in animal feed to the Council of Agriculture.

Thai rice exports reached a record 11 million metric tons in 2014 driven by the sales of government stocks.

Export prices remain unchanged from the previous week.

Thailand is one of the world’s leading agricultural suppliers, primarily due to its welldeveloped food processing sector.

On January 7, Taiwan completed 17,600 MT of the first tranche of 2015 U.S. rice Country Specific Quota (CSQ) Simultaneous-Buy and Sell (SBS) tender for delivery by December 31, 2015.

Only 52% of Taiwan’s 2014 Country Specific Quota (CSQ) U.S. origin rice purchase commitments under normal tender were successfully awarded for U.S.-origin rice.