Browse Data and Analysis

Rice export prices remain unchanged at high levels due mainly to new inquiries for immediate shipments driven by the coronavirus outbreaks.

Rice export prices further increased 2-4 percent to a six-year record high due to a continued surge in domestic rice paddy prices that offset the weakening of the Thai baht.

MY2020/21 rice and corn production are expected to recover to record levels following lower production levels in MY2019/20 caused by adverse weather conditions and pest outbreaks.

Rice export prices spiked 6-7 percent due to a strong demand for white and parboiled rice to fulfill contracted shipments, mainly to African countries.

Rice export prices increased 1 to 2 percent due to tighter supplies of white paddy rice and the strengthening of the Thai baht.

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.