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- (-) March 2020
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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.
MY2016/17 cotton imports are likely to recover from a recent downturn in anticipation of a sustained economic recovery and increased domestic demand for garments in the first half of the year.
On November 8, 2016, Thailand informed the World Trade Organization about a draft regulation on good practice certification and labelling requirements for packing houses of fruits and vegetables.
Export prices rebounded to pre-harvest levels. Also, the cabinet approved the expansion of the pledging program to include all MY2016/17 main-crop rice varieties.
Export prices further declined approximately one percent due mainly to the weakening of the Thai Baht. Domestic prices remain under downward pressure.
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 are declining, particularly for fragrant rice, as the majority of new-crop supplies are entering the market. In response, the government has increased the intervention price...
Rice prices have trended downward as MY2016/17 main-crop rice supplies have begun to enter the market.