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Export prices of white and parboiled rice rose one percent from the previous week as exporters reportedly continued to secure the rice supplies to fulfill contract shipments.

Rice export prices dropped 1-3 percent from the previous week as the weakening of the Thai baht and the new crop MY 2024/25 paddy rice entered the market.

The Thai government has made significant progress in addressing food security and climate change challenges by advancing its biotechnology regulatory landscape. Recognizing the benefits of genome editing technology as a key driver for enhancing the competitiveness and value of the agricultural sector, Thailand has taken a major step forward.

Rice export prices dropped one percent from the previous week despite the strengthening of the Thai baht.

Rice export prices dropped 1-5 percent from the previous week due to the weakening of the Thai baht and India’s removal of all export restrictions on non-Basmati white rice and on parboiled rice.

Export prices declined around 1 percent. China agreed to buy an additional 1 million metric tons of Thai rice in 2016. Results for the tender for “rotten” rice have yet to be finalized.

Water supplies for dry season are the lowest in history. Farmers continued to plant off-season rice despite a Government ban.

Export prices remained unchanged. Thirteen bidders participated in the first public tender for non-food grade rice for industrial uses on December 1.

Export prices declined around 1 percent. The Government will issue the first public tender for non-food grade rice for industrial uses on December 1.