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Rice export prices increased slightly due to the strengthening of the Thai baht.
Rice export prices rose 2-5 percent higher due to exporters’ concerns about the strengthening of the Thai baht.
Rice export prices increased 4-6 percent due to the strengthening of the Thai baht.
Quotations are not available this week due to the New Year’s holiday.
This guide serves as a resource for U.S. companies seeking to do business in Thailand and provides market overviews, practical tips and information on local business practices, consumer preferences, and trends. This report also identifies opportunities and entry approaches for the three major market sectors (food retail, food service, and food processing).
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.