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- (-) October 2023
- (-) December 2021
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Export rice prices dropped 1-6 percent as lower domestic farm-gate prices offset the strengthening of the Thai baht.
Export rice prices increased 1-2 percent due mainly to the strengthening of the Thai baht.
Thailand’s export rice prices fell another 1-2 percent due mainly to the weakening of the Thai baht.
Thailand’s export prices fell 1-2 percent, mainly due to further weakening of the Thai baht.
A drought during the intensive growth stage impacted MY2023/24 sugarcane production and led Post to lower the sugar production forecast by 15 percent from MY2022/23.
A combination of a “return to normal” behavior by Thai consumers and of a rapidly recovering tourism demand bodes well for Thailand’s post-pandemic HRI sector.
Export prices of most grades of rice remained unchanged despite the strengthening of the Thai baht.
Export prices of white rice increased one percent despite the weakening of the Thai baht.
Rice export prices remained unchanged from previous week.
This guide serves as a resource for U.S. companies seeking to do business in Thailand and provides market overviews, practical tips and information on local business practices, consumer preferences and trends.
Rice export prices decreased 1-2 percent due to the weakening of the Thai baht against the U.S. dollar that offset the upward pressure on current domestic prices of paddy rice.
FAS/Bangkok (Post) revised MY2021/22 rice production down slightly to 20.8 million metric tons due to flood damage in the northeastern regions. Post expects Thai rice exports to increase to 5.8 million metric tons in 2021. Post forecasts MY2021/22...