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- (-) November 2021
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The Ministry of Natural Resources and Environment (MONRE) has yet to send the draft Biodiversity Law, which includes biosafety regulations covering research, field trial, and commercialization for genetically engineered plant, animal, and microorganisms, to the Cabinet for approval.
Rice export prices of most grades of rice increased 1-2 percent.
Post forecasts MY2021/22 rice production to increase to 21 million metric tons despite flooding. Posts expects Thai rice exports to increase to 5.8 million metric tons in 2021.
Rice export prices of most grades of rice decreased 1-2 percent following domestic rice prices.
FY2021 agricultural exports reach record levels.
Rice export prices of all grades of rice decreased 2 percent.
Export prices increased around 1 percent due to the strengthening of the Thai baht and tight domestic supplies.
Export prices increased slightly due mainly to the strengthening of the Thai baht despite quiet trading during the Thai New Year holiday.
MY2016/17 sugar production is forecast to increase moderately to 10 million metric tons while sugarcane production in MY2015/16 is likely to decrease as a result of severe drought.
MY2016/17 cotton imports are forecast to increase only slightly from the downturn in MY2013/14.
Export prices increased slightly due mainly to currency fluctuation. Traders are awaiting the result of the food and non-food grade rice tenders, which were issued last week.
Export prices declined 1 percent due mainly to the weakening of the Thai baht.