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Rice export prices decreased 3-5 percent due to the weakening of the Thai baht.

Rice export prices decreased due to the weakening of the Thai baht.

Thailand doubled its target to reduce greenhouse gas emissions in COP26. The Thai government has yet to finalize the new biofuel consumption targets. Biofuel consumption in 2021 and 2022 is still far below current targets due to the prolonged outbreak of COVID-19 and the slow economic recovery after the pandemic caused by Russia’s invasion of Ukraine.

Rice export prices decreased one percent due to the weakening of the Thai baht.

Post expects MY2022/23 rice production to recover from MY2021/22 due to available water supply and abundant precipitation. MY2021/22 and MY2022/23 feed wheat imports could benefit from the temporary removal of restrictive import measures from May 10 to July 31, 2022.

Rice export prices remain unchanged despite the weakening of the Thai baht.

Rice export prices increased 1-7 percent due to the strengthening of the Thai baht.

Export prices declined 1 to 2 percent due to a lack of new inquiries and the weakening of the Thai baht.

Export prices remain unchanged as a result of the lack of rice trading during the year-end holiday season.

Thailand has enacted several new regulations that restrict imports of feed and feed ingredients containing certain animal proteins.

White and parboiled rice export prices declined 1 percent from the previous week while fragrant rice prices increased by 1 to 2 percent.

Rice export prices did not change, except for fragrant rice prices which increased by 3 percent.