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- (-) October 2022
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Export prices decreased 1-2 percent due to further weakening of the Thai baht.
Export prices decreased 2-8 percent as new-crop rice supplies began entering the market.
Export prices decreased 1-4 percent due to the further weakening of the Thai baht.
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.
Sugar production recovered to normal levels of around 10 million metric tons in MY2021/22 and is likely to further increase by 3 percent in MY2022/23. Sugar production, however, remains far below record production levels due to limited acreage.
Export prices slightly increased due to the strengthening of the Thai baht.
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.