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MY2017/18 rice and corn production is minimally affected by flooding during July – August 2017.
Export prices for most grades of rice further declined 1 to 2 percent, except for fragrant rice prices, which increased significantly.
Export prices declined 1 percent due to a lack of new inquiries.
On July 24, 2017, Thailand and New Zealand reached an agreement to increase market access for New Zealand dairy exports to Thailand.
Export prices remain under downward pressure as supplies of MY2016/17 off-season rice are entering the market.
Export prices further declined two to three percent largely due to a lack of new inquiries. Additionally, the results of the July 25 Philippine import tender has put downward pressure on Thai rice....
MY2016/17 rice and corn production is well underway due to favorable precipitation.
MOF issued a Notification in the Royal Gazette detailing the preferential duty reduction schedules under Section 12 of the Customs Tariff Decree B.E. 2530 for imported wood products.
Export prices declined slightly as supplies of off-season rice continue coming into the market. Also, inquiries for Thai rice are quiet as Vietnamese rice is 5 to 10 percent cheaper.
The government agricultural restructuring program will likely increase MY2015/16 sugar production to 11.4 million metric tons, and sugar exports to around 9 million metric tons.
Export prices are expected to be stable through the week of April 13 due to quiet trading during the long Thai New Year’s holidays.
Export prices increased 1 to 2 percent as another government-to-government contract with China for 100,000 tons of white rice was finalized for delivery by May 2015.