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- (-) December 2017
- (-) Thailand
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Export prices declined 1 to 2 percent due to a lack of new inquiries and the weakening of the Thai baht.
Export prices remain unchanged as a result of the lack of rice trading during the year-end holiday season.
Thailand has enacted several new regulations that restrict imports of feed and feed ingredients containing certain animal proteins.
White and parboiled rice export prices declined 1 percent from the previous week while fragrant rice prices increased by 1 to 2 percent.
Rice export prices did not change, except for fragrant rice prices which increased by 3 percent.
Thailand’s regulations restricting the cultivation of genetically engineered crops remain unchanged.
MY2017/18 cotton imports are expected to increase 3 to 4 percent as spinning mills used much of their cotton yarn inventory in MY2016/17.
Export prices increased 2 to 3 percent due to the strengthening Thai baht and strong export demand.