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- (-) December 2016
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Export prices increased approximately 1 percent as exporters are seeking white rice supplies for the new shipments under the government-to-government agreement with China.
Export prices were steady over the past week. The Ministry of Energy is considering conducting a feasibility study on the use of non-food grade rice stocks for ethanol production.
Export prices increased one to three percent mainly due to a correction in domestic prices. New inquiries over the past week were limited to just small shipments.
Export prices rebounded to pre-harvest levels. Also, the cabinet approved the expansion of the pledging program to include all MY2016/17 main-crop rice varieties.
The majority of main-crop rice and corn supplies have entered the market creating downward pressure on farm-gate prices.
The report provides an update on the Biosafety Act legislation in Thailand. The report also provides information on possible labeling regulation changes for manufactured/imported foods containing...
Recent tight domestic corn supplies have resulted in higher import demand for feed wheat.
Export prices declined slightly due to continued weakening of Thai baht currency and pressure from the competition of Vietnamese rice.
Export prices declined 1 percent mainly due to continued weakening of Thai baht.
Export prices declined 1 percent due to continued weakening of Thai baht and lack of inquiries. Traders are awaiting the result of public tender for around 0.7 million metric tons issued on August 10.
Export prices for most grades of rice are basically unchanged from the previous week except for fragrant rice.
Thai rice exports are revised down to 9.0 million metric tons in anticipation of tighter exportable supplies of new-crop white rice & limited availability of good old-crop rice in the government stock