Browse Data and Analysis

Export prices of white and parboiled rice further declined by 1 to 2 percent while prices for fragrant rice continued to increase.

Export prices declined significantly by 5 to 10 percent as foreign buyers are waiting for new supplies of MY2017/18 off-season rice which will enter the market in the next couple of weeks.

With new mature area entering full production and expectations for above trend yields, the 2017/18 palm oil production forecast is maintained at 38.5 million tons, a 5.5 percent increase from 2016/17.

Export prices of most grades of rice further declined 2 percent, except for fragrant rice prices which continued to increase due to tighter domestic supplies.

Despite the further strengthening Thai baht, export prices of white rice declined 1 percent due to no new inquiries.