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- (-) December 2023
- (-) July 2017
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Rice export prices increased 1- 4 percent mainly due to the strengthening of the Thai baht.
The Thai Food and Drug Administration (Thai FDA) has announced on its website the proposal to approve and add more plants or plant parts for use as a raw material for tea infusion products to the existing approved list under the Notification of the Ministry of Public Health No. 426 B.E. 2564 (2021) Re: Tea Infusion.
Rice export prices increased 1-2 percent due to the strong demand for Thai rice and the strengthening of the Thai baht.
The steady demand for Thai rice from ASEAN countries slightly boosted rice export prices and offset the weakening of the Thai baht.
Rice export prices increased 2-4 percent as the Thai baht strengthened and new crop rice harvesting was nearly completed.
Thailand has yet to finalize its Biodiversity Act. Since December 4, 2022, the Thai Food and Drug Administration has enforced two notifications regarding GE (termed “Genetically Modified” or GM) food imports, production and labeling.
Rice export prices increased 2-5 percent as the Thai baht strengthened.
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.