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- (-) September 2024
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Rice export prices further dropped 2-6 percent from the previous week despite a strengthening of the Thai baht to a 19-month high.
Rice export prices further dropped one percent from the previous week.
Rice export prices dropped 1-3 percent from the previous week despite the strengthening of the Thai baht.
Rice export prices increased 1-6 percent from the previous week despite the weakening of the Thai baht against the U.S. dollar.
FAS Bangkok (Post) expects chicken meat production to increase slightly in 2024 due to limited supplies of day-old chicks and the slow recovery in domestic consumption amid strong export demand.
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
Rice export prices further declined 1-3 percent due to declining domestic prices and the continued depreciation of the Thai baht against the U
The food and beverage industry is among the fast-growing industries in Thailand and is the country’s third largest industry, contributing 21 percent to the country’s Gross Domestic Product (GDP).