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Rice export prices remain under downward pressure due to competition from Vietnamese rice and further weakening of the Thai baht.

Rice export prices declined 2 percent due to the weakening Thai baht and the sale of the remaining 2 million metric tons of government rice stocks.

Rice export prices remain unchanged as traders are awaiting the result of two tenders totaling 2 million metric tons that the government will issue this week.

Export prices of white rice declined 2 to 3 percent due to the lack of new inquiries and the sale of government stocks.

The MY2018/19 rice production forecast is revised up to 21.2 million metric tons, a 4 percent increase from MY2017/18 due to larger than expected main crop fragrant rice acreage.

Rice export prices increased around 1 percent due to the strengthening Thai baht and new demand for white rice from the Philippine government.

Export prices declined around 1 percent in anticipation of additional sales of government stocks. The government expects to issue a new public tender in early June.

Export prices declined around 1 percent in anticipation of additional sales of government stocks. The government expects to issue a new public tender in early June.

This week’s export prices declined 2-3 percent due mainly to further weakening of the Thai baht versus the U.S. dollars.

Export prices declined around 1 percent due to the weakening of the Thai baht. Traders expect the government will issue a new tender in late May.

The report is the pesticide maximum residue limit (MRL) legislation in Thailand. The list of banned pesticides is also updated as of April 30, 2015.

Larger MY2014/15 second off-season rice production will likely offset the impact of drought on the first off-season rice crop.