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Rice export prices declined around 2 percent due to the weakening of the Thai baht that more than offset increased domestic rice prices.
Rice export prices increased significantly 6 to 7 percent due to tighter domestic supplies and concerns about reduced off-season rice acreage.
Rice export prices remain high due to tight domestic supplies and concerns about the current drought that cut MY2019/20 off-season rice acreage by half.
Rice export prices further increased 2 to 3 percent due to tighter supplies of new-crop white paddy rice and reduced MY2019/20 off-season rice acreage.
Export prices declined 1 to 3 percent due to a lack of new inquiries.
MY2017/18 sugar production will likely increase to 11.2 million metric tons, up 12 percent from MY2016/17 due to favorable weather conditions.
Despite some flooding, the forecast for MY2017/18 rice production is unchanged at 20.4 million metric tons.
Export prices increased around one percent due to the strengthening Thai baht.
Export prices increased 2-3 percent due to new inquiries for white and parboiled rice. Fragrant rice prices are now above U.S. $1,000/MT.
The Thai broiler industry in 2017 continued to enjoy favorable export growth and profitable export prices.
Export prices increased approximately 1 to 2 percent due mainly to the strengthening of the Thai baht and the delay of the new tender for the remaining government rice stocks.
Export prices for most grades of rice further declined 1 to 2 percent, except for fragrant rice prices which continued to increase significantly.