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Rice export prices dropped 2-4 percent due to the weakening of the Thai baht despite a strong demand for Thai rice.

Rice export prices further increased 1-5 percent due to the strengthening of the Thai baht and tighter domestic rice supplies.

Rice export prices further increased 2-3 percent mainly due the strengthening of the Thai baht.

Vietnam offers abundant opportunities for exporting consumer-oriented products, despite the challenges of recovering from the COVID-19 pandemic and dealing with high inflation. The Vietnamese economy is poised for significant expansion in the coming decades. With a burgeoning population and a growing middle class, Vietnamese consumers are becoming more discerning about the origin and composition of their food.

Rice export prices increased 2-3 percent due to strong demand for Thai rice and the strengthening of the Thai baht.

MY 2024/25 sugar production is expected to recover from a 20 percent slump in MY 2023/24. Sugar consumption growth will likely decelerate in MY 2023/24 and MY 2024/25, following Thailand’s slow economic recovery and shrinking sugar demand by non-alcoholic beverage manufacturers due to the progressive sugar tax.

Rice export prices slightly increased despite the further weakening of the Thai baht.

Rice export prices remain under downward pressure due to competition from Vietnamese rice and further weakening of the Thai baht.

Rice export prices declined 2 percent due to the weakening Thai baht and the sale of the remaining 2 million metric tons of government rice stocks.

Rice export prices remain unchanged as traders are awaiting the result of two tenders totaling 2 million metric tons that the government will issue this week.

Export prices of white rice declined 2 to 3 percent due to the lack of new inquiries and the sale of government stocks.

The MY2018/19 rice production forecast is revised up to 21.2 million metric tons, a 4 percent increase from MY2017/18 due to larger than expected main crop fragrant rice acreage.