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Export prices increased significantly, particularly for fragrant rice, due to several new inquiries while at the same time exporters are securing rice supplies to fulfill their shipments to Iran.
On April 4, 2017, the National Legislative Assembly (NLA) passed the Marketing Control on Food for Infants and Young Children Act (Milk Code) to restrict the marketing of food for infants and....
Export prices increased around one percent due to the strengthening Thai baht.
MY2017/18 sugar production is expected to recover to 11.2 million metric tons, up 12 percent from 10 million metric tons in MY2016/17.
Export prices increased around one percent due to new inquiries for white rice.
Export prices increased around one percent as the Thai baht strengthens.
Growing feed demand driven by expanding livestock and poultry sectors is expected to generate increased import demand for soybeans in MY2017/18 and soybean meal in MY2016/17 and 2017/18.
MY2017/18 cotton imports are forecast to increase three to four percent from MY2016/17 in anticipation of a sustained recovery by spinning mills that have been in a downturn since 2014.
TH5132 – Export prices declined around 1 percent as the rumored G-to-G agreement with Indonesia has not yet been finalized.
Export prices were virtually unchanged expect for fragrant rice prices. The Ministry of Commerce is proposing on-farm pledging program for MY2015/16 fragrant rice production.
Export prices increased around 1 percent due to the strengthening of the Thai baht. A rumor about a new G-to-G contract with Indonesia also put upward pressure on domestic prices.
Export prices increased 2 to 4 percent as exporters are seeking new-crop rice for shipments under the Government-to-Government contract with the Philippines.