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- (-) October 2021
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Rice export prices of all grades of rice remained unchanged as the strengthening Thai baht was offset by reduced domestic rice prices.
Rice export prices increased from last week as the Thai baht strengthened against the U.S. dollar
Export prices of white and parboiled rice increased one percent as the Thai baht strengthened against the U.S. dollar.
Export prices of white and parboiled rice remained unchanged as the weakening of the Thai baht offset higher domestic prices for Thai rice.
This report contains information about Thailand’s food service industry. It provides an overview of market opportunities and key channels of distribution for U.S. food and beverage products destined for the food service market in Thailand.
MY2021/22 sugar production and exports are on pace to recover from the record low production in MY2020/21 with the help of favorable weather conditions.
Export prices of white and parboiled rice increased one percent due to new inquiries from foreign buyers, particularly from African markets.
Export prices for all grades of rice dropped 1-3 percent from the previous week as domestic consumption slowed due to a new COIVD-19 outbreak in Thailand.
Export prices for all grades of rice remain unchanged from the previous week as most businesses were closed during the Thai New Year holiday.
Rice export prices remain unchanged as trading activities slowed down ahead of the Thai New Year holiday and the Thai baht continues to depreciate against the U.S. dollar.
MY2021/22 sugar production is expected to recover to 10.6 MMT following two consecutive years of dramatically reduced production due to drought.
The gradual economic recovery from the COVID-19 pandemic is expected to continue to drive up import demand for soybeans in MY2020/21 and MY2021/22