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- (-) April 2015
- (-) Thailand
- (-) Czech Republic
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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.
The Czech Republic has witnessed exceptional grain crop in MY14/15. Record yields and average but sufficient quality will cover both the domestic and export demand.
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 EU-28 production of sugar for food for MY 2014/15 is estimated to increase to 16.750 million MT in raw sugar equivalent (RSE), from 16.0 million MT in MY 2013/14...
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.
The outlook for the MY2015/16 EU28 grain crop is positive with another sizeable crop forecast, albeit down from the record volume achieved in MY2014/15.
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.
Soybean and soybean meal imports are expected to increase in MY2014/15 and MY2015/16.
Export prices further declined about 1 percent, as off-season rice harvest continues to keep supplies large.
Total EU-28 oilseeds production for marketing year (MY) 2015/16 is expected to decline by about 9 percent to 32 million metric tons (MMT).
Thailand’s MY2015/16 cotton imports are forecast to increase slightly from level’s in MY2014/15.