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- (-) December 2023
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Rice export prices increased 1- 4 percent mainly due to the strengthening of the Thai baht.
The Thai Food and Drug Administration (Thai FDA) has announced on its website the proposal to approve and add more plants or plant parts for use as a raw material for tea infusion products to the existing approved list under the Notification of the Ministry of Public Health No. 426 B.E. 2564 (2021) Re: Tea Infusion.
Rice export prices increased 1-2 percent due to the strong demand for Thai rice and the strengthening of the Thai baht.
The steady demand for Thai rice from ASEAN countries slightly boosted rice export prices and offset the weakening of the Thai baht.
Rice export prices increased 2-4 percent as the Thai baht strengthened and new crop rice harvesting was nearly completed.
Thailand has yet to finalize its Biodiversity Act. Since December 4, 2022, the Thai Food and Drug Administration has enforced two notifications regarding GE (termed “Genetically Modified” or GM) food imports, production and labeling.
Rice export prices increased 2-5 percent as the Thai baht strengthened.
Rice export prices declined by 2 percent due to a lack of new inquiries and a slowdown in the contracted large-volume shipments.
Rice export prices further increased 3 percent due mainly to strong export demand for new-crop white rice to Malaysia.
Rice export prices further increased 1 percent as exporters are fulfilling contracted shipments of old-crop white and parboiled rice to African countries.
Rice export prices further increased 2 percent driven by the contracted shipments of parboiled rice exports to African countries and domestic speculation on the rice market. Thailand: Rice Price - Weekly
Rice export prices increased around 1 percent due to the strengthening Thai baht.