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Post lowered MY2023/24 rice production estimate to 19.6 MMT due to water supply concerns.
Export prices further decreased 3-4 percent as downward price pressure from new supplies of MY2022/23 off-season rice offset the strengthening of the Thai baht.
Export prices decreased 1-2 percent due to the Thai baht hitting the lowest point in a month.
Export prices further increased 3-6 percent due to the panic buying reaction from the India’s rice export ban.
Export prices increased 4-10 percent due to the strengthening of the Thai baht and the panic buying reaction from the India’s rice export ban.
This report lists certificates required by Thai government agencies for U.S. products exported to Thailand.
With a large tender for government stocks announced this week, export prices for most grades of rice declined marginally
Export prices for Thai rice further declined this week $5.00-9.00/ton across the board due mainly to inactive export demand and slightly depreciated Thai currency.
Export prices were steady due to quiet trading during the Luna New Year holidays. Also, traders are awaiting the Government stocks tender on February 16-17.
MY2015/16 rice production is further revised down due to lower-than-expected off-season rice planting caused by limited irrigation availability.
Export prices increased further due to current tight domestic market supplies and concern about drought.