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- (-) May 2016
- (-) March 2016
- (-) Thailand
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Export prices leveled off due to sales of government stocks and quiet demand for parboiled rice.
Export prices increased 2 to 3 percent due to further tightening of the domestic rice supply.
Export prices increased 3 to 5 percent due to strong enquiries for parboiled rice while domestic supplies are expected to be tighter.
Domestic and export prices continued to increase around 1 to 2 percent due to tighter domestic supplies. The new public tender for 1.2 million metric tons will be issued on May 19, 2016.
MY2016/17 rice production is revised down to 17 million metric tons due to water shortages.
Soybean and soybean meal imports are expected to increase in MY2016/17 to 5.5 million metric tons. The U.S. holds about a 20-22 percent share of the market.
Domestic and export prices continued to increase around 1 to 2 percent as domestic supplies remain tight.
Export prices increased 1 to 2 percent with exporters fulfilling outstanding shipments under the Government-to-Government agreement with China.
Forecast MY2016/17 rice and corn production is expected to provide for larger exportable supplies in 2017.
Export prices increased around 1 percent due to tighter domestic rice supplies and the strengthening Thai Baht.
Export prices increased slightly due to the strengthening Thai Baht. Traders are awaiting the details of the new Government stocks tender during the week of March 14.
Export prices for Thai rice declined further this week due to inactive export demand and the likelihood of a new tender for Government rice stocks.