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- (-) October 2017
- (-) Cote d'Ivoire
- (-) Thailand
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Export prices for the most part remain unchanged.
The Thai Excise Department implemented for first time ever, an excise sugar tax on certain beverages to reduce consumption of sugar and to increase health consciousness.
Export prices further declined 1 percent as supplies of MY2017/18 main crop white rice are reportedly entering the market.
For MY 2017/18, total area and production levels for West Africa are estimated to increase 2.75 percent to 2.95 million 480 lb. bales assuming good weather and strong farm gate prices.
Export prices further declined 3 to 4 percent mainly due to a reduced demand from foreign buyers.