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Rice export prices further declined 1-3 percent due to the weakening of the Thai baht against the U.S. dollar and the downward price pressure from the new MY2023/24 off-season rice supplies.

FAS Bangkok forecasts Thailand’s rice and corn production to marginally increase in MY 2024/25 along with expanded acreage in response to current attractive farm-gate prices. In 2025, Thailand will likely export 7.5 million metric tons of rice or well above its 5-year average.

Rice export prices dropped 2-3 percent as the Thai baht weakened and new MY 2023/24 off-season rice supplies entered the market.

Rice export prices stayed virtually unchanged as the strengthening of the Thai baht offset the downward price pressure from new off-season MY 2023/24 rice supplies entering the market.

Rice export prices increased 1-2 percent due to the strengthening of the Thai baht and the demand for white rice from Indonesia.

From February 23, 2024, U.S. wines can access the Thai market duty-free and with lower excise taxes.

Rice export prices remain unchanged as the downward price pressure from the new supplies of white rice offsets the strengthening of the Thai baht.

Rice export prices increased around 3 percent due mainly to the strengthening of the Thai baht.

The global COVID-19 health crisis changed the behavior of consumers, increasing their preference towards products that support immune systems and enhance their wellness.

Rice export prices remain unchanged at high levels. Exporters are securing white and parboiled rice for contracted bulk shipments.

Rice export prices increased 1 percent as exporters are securing rice supplies for contracted bulk shipments of parboiled rice.

Rice export prices remain unchanged at high levels due to concerns about the strength of the Thai baht despite slow trading activities.