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- (-) October 2022
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Export prices decreased 1-2 percent due to further weakening of the Thai baht.
Export prices decreased 2-8 percent as new-crop rice supplies began entering the market.
Export prices decreased 1-4 percent due to the further weakening of the Thai baht.
This report contains information about Thailand’s food service industry. It provides an overview of market opportunities and key channels of distribution for U.S. food and beverage products destined for the food service market in Thailand.
Sugar production recovered to normal levels of around 10 million metric tons in MY2021/22 and is likely to further increase by 3 percent in MY2022/23. Sugar production, however, remains far below record production levels due to limited acreage.
Export prices slightly increased due to 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...