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Rice export prices increased 1-2 percent as exporters continued to secure rice supplies ahead of the Lunar New Year and Ramadan despite a further weakening of the Thai baht.

The Thai Food and Drug Administration (TFDA) recently clarified its requirements for copies of export certificates accompanying U.S.-origin imported foods, including fresh fruit and vegetables shipments, into Thailand.

Rice export prices increased 1-2 percent despite the weakening of the Thai baht.

Export rice prices grew one percent despite the weakening of the Thai baht, as exporters secured rice supplies to fulfill contracted shipments to ASEAN countries.

Export price 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.

Export prices declined around 1 to 2 percent as new supplies of main-crop rice entered the market.

Export prices declined around 1 percent due to the sales of government stocks. The Thai Government sold 246,793 metric tons of its rice tender issued on September 8.

Export prices declined around 1 to 3 percent in anticipation of the sales of government stocks and continued weakening of the Thai baht.

Thailand made some progress in 2015 on laying out a draft regulatory framework on adopting agricultural biotechnology.

Export prices for nearly all grades of rice, except fragrant rice, declined further from the previous week’s level due to continued weakening of Thai baht.

Unlike in 2014, the Thai broiler industry in 2015 has encountered much lower profitability due to a sharp decline in broiler prices.