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- (-) September 2020
- (-) September 2017
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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 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.