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Rice export prices increased slightly due to the strengthening of the Thai baht.
Rice export prices rose 2-5 percent higher due to exporters’ concerns about the strengthening of the Thai baht.
Rice export prices increased 4-6 percent due to the strengthening of the Thai baht.
Quotations are not available this week due to the New Year’s holiday.
This guide serves as a resource for U.S. companies seeking to do business in Thailand and provides market overviews, practical tips and information on local business practices, consumer preferences, and trends. This report also identifies opportunities and entry approaches for the three major market sectors (food retail, food service, and food processing).
Export prices further declined 1 to 2 percent as supplies of new off-season rice continue coming into the market.
Export prices declined 2 to 3 percent due to rumors of large sales of government stocks and the weakening Thai baht over the past week.
MY2015/16 rice and corn production is expected to increase slightly due to average yield improvement that will offset anticipated acreage reduction.
In the past decade, one of the most apparent trends agricultural trade patterns has been the growth in agricultural trade between developing countries or so-called “South-South trade.”
Export prices continued to decline around 1 percent in anticipation of higher-than-expected sales of government rice stocks.
Export prices declined around 1 percent in anticipation of sales of government stocks in the public tender for 1 million metric tons of white rice.
The Thai Cabinet increased domestic palm oil supplies for cooking by at least 110,000 metric tons in February 2015 thru imports and a reduction in biodiesel mandates.