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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.
The Ministry of Natural Resources and Environment (MONRE) has yet to send the draft Biodiversity Law, which includes biosafety regulations covering research, field trial, and commercialization for genetically engineered plant, animal, and microorganisms, to the Cabinet for approval.
Rice export prices of most grades of rice increased 1-2 percent.
Post forecasts MY2021/22 rice production to increase to 21 million metric tons despite flooding. Posts expects Thai rice exports to increase to 5.8 million metric tons in 2021.
Rice export prices of most grades of rice decreased 1-2 percent following domestic rice prices.
FY2021 agricultural exports reach record levels.
Rice export prices of all grades of rice decreased 2 percent.