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- (-) July 2021
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Export prices of white and parboiled rice further decreased 4-5 percent.
The outbreak of COVID-19 has had a significant impact on the foodservice sector. Due to ongoing disruptions during the crisis, operators need to stay agile and adapt their business strategy in order to survive.
Export prices of all grades of rice decreased one percent due to a further weakening of the Thai baht against the U.S. dollar.
Export prices of all grades of rice decreased 2-3 percent due to a further weakening of the Thai baht against the U.S. dollar caused by increasing concerns of the current COVID-19 situation in Thailand.
Export prices of white and parboiled rice decreased 2-3 percent due to the further weakening of the Thai baht against the U.S. dollar.
This report gives an overview of Thailand’s food retail sector and current market updates. The food and beverage industry is one of the biggest retail segments in Thailand.
Export prices of all grades of rice remain unchanged.
Rice export prices remain high due to the strengthening of the Thai baht and an upward pressure on domestic rice prices.
Rice export prices declined 3-5 percent due to a lack of new inquiries.
Rice export prices further increased 1-2 percent as exporters had to cover their exchange rate risk from the strengthening of the Thai baht.
Rice export prices further increased 2 percent as exporters continued to fulfill large contracted shipments. The Thai government participated in the Philippines’ tender on June 8.
Rice export prices further increased 1 percent as exporters continue to fulfill large contracted shipments.