Browse Data and Analysis

Rice export prices remain under downward pressure due to competition from Vietnamese rice and further weakening of the Thai baht.

Rice export prices declined 2 percent due to the weakening Thai baht and the sale of the remaining 2 million metric tons of government rice stocks.

Rice export prices remain unchanged as traders are awaiting the result of two tenders totaling 2 million metric tons that the government will issue this week.

Export prices of white rice declined 2 to 3 percent due to the lack of new inquiries and the sale of government stocks.

The MY2018/19 rice production forecast is revised up to 21.2 million metric tons, a 4 percent increase from MY2017/18 due to larger than expected main crop fragrant rice acreage.

Rice export prices increased around 1 percent due to the strengthening Thai baht and new demand for white rice from the Philippine government.

Export prices increased one percent due mainly to the strengthening Thai baht. Prices remain under downward pressure despite government measures to keep new-crop rice off the market.

Export prices further declined one to two percent due to weak demand even though the first shipment under the government-to-government agreement with China is set to take place next week.

Export prices increased two to four percent due to new enquiries for parboiled rice amid tight supplies of white rice paddy for parboiled rice production.

Export prices further declined one to two percent due to the weakening Thai baht and low foreign demand.

Export prices further declined one to two percent due to a lack of new inquiries as traders are awaiting bumper supplies of new-crop rice to enter the market in November.

MY2016/17 sugar production is revised down to 9.3 million metric tons, a five percent reduction from MY2015/16 due to severe drought during growing stage of sugarcane crop.