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- (-) September 2020
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Rice export prices remain unchanged from the previous week.
Export prices further declined 2-4 percent due to the lack of new inquiries.
The current 20-year AEDP 2018 (2018 – 2037) revised down the biofuel consumption target, together with a gradual reduction in biofuel price subsidy between 2020 and 2022.
Export prices declined 2-4 percent due to lack of new inquiries and weakening of the Thai baht.
Export prices further increased 1 percent due to tight domestic supplies and continued exports to African countries.
MY2020/21 rice production is revised down to 18.6 million metric tons due to limited water supplies.
Export prices declined two to three percent in response to the sale of government rice stocks.
Export prices began to level off this week due to fewer new inquiries and the near completion of the Iranian shipments.
Thailand is currently implementing their Alternative Energy Development Plan 2015 (AEDP 2015).
Export prices reached a five-year record increasing for the sixth straight week due to numerous inquiries and the strengthening Thai baht.
Export prices have increased five straight weeks due to new inquiries and the strengthening Thai baht.
Export prices further increased one to two percent due to the strengthening of the Thai baht.