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- (-) February 2021
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Rice export prices declined 2-4 percent due to the lack of new inquiries.
Rice export prices remain unchanged at high levels.
Export prices for most grades of rice further increased 1 percent, except for parboiled rice prices, which declined 1 percent due to a lack of new inquiries.
Rice export prices increased 2 percent due to concerns about the strength of the Thai baht.
The import tariffs and quotas for some Australian and New Zealand dairy products (including whole milk powder, whey, cheese, and anhydrous milk) were removed on January 1, 2021.
Social media marketing has become an indispensable part of business strategy in the food industry.
MY2020/21 off-season rice planting area was well above last year, but production is unlikely to recover due to limited water supplies.
Export prices further declined one percent due to a lack of new inquiries as traders are awaiting the results of the July 25 Philippines import tender.
Export prices declined to the same price levels as seen in mid-May.
Effective on June 12, 2017, the Thai FDA has established maximum levels (MLs) of Annatto Extracts (INS160b(i) and INS160(ii)) for certain dairy products.
Export prices declined three to four percent due to a lack of new inquiries following uncertainties about the sale of government stocks.
Rice production is expected to be larger than previously forecasted in MY2016/17 and MY2017/18 due to attractive returns compared to corn.