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Export prices further declined one percent due to a lack of new inquiries as traders are awaiting the results of the July 25 Philippines import tender.
Export prices declined to the same price levels as seen in mid-May.
Effective on June 12, 2017, the Thai FDA has established maximum levels (MLs) of Annatto Extracts (INS160b(i) and INS160(ii)) for certain dairy products.
Export prices declined three to four percent due to a lack of new inquiries following uncertainties about the sale of government stocks.
Rice production is expected to be larger than previously forecasted in MY2016/17 and MY2017/18 due to attractive returns compared to corn.
Export prices increased 2 to 4 percent mainly due to new export inquiries and tighter domestic supplies.
On January 8, the Thai Food and Drug Administration (FDA) notified WTO (G/SPS/N/THA/234) about proposed revisions to maximum levels (ML) for certain food additives.
This guide serves as a resource for U.S. companies seeking to do business in Thailand.
This report includes an update of Section 2.8, pertaining to food additive labeling.
Export prices remained unchanged as traders wait for market conditions to improve.
Export prices increased slightly as exporters pursued new-crop white rice for shipment under the 2014 Government-to-Government Agreement with China.
Export prices declined around 1 percent due to the weakening of Thai baht. Farmers have shown little interest in the government’s on-farm pledging program.