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- (-) April 2024
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Rice export prices increased one percent as exporters are securing rice supplies to fulfill contracted shipment despite the weakening of the Thai baht.
Rice export prices increased one percent due to the strengthening of the Thai baht that outweighed the downward pressure on domestic rice prices.
Thailand's food and beverage industry contributes significantly to the country's economy. Thailand aims to be one of the world's top ten processed food exporters by 2027 and a key global player in the "Future Food" market.
MY 2023/24 and MY 2024/25 soybean crush will be well below the five-year pre-pandemic average annual growth due to a slow economic recovery.
Rice export prices dropped another 1-2 percent this week.
Export prices increased 1-2 percent due to the strengthening of the Thai baht.
Export prices increased 3-4 percent due to new inquiries for new-crop rice supplies ahead of the holidays.
Export prices decreased one percent despite the continued strengthening of the Thai baht.
The forecasts for MY2022/23 rice and corn production remain unchanged from the previous forecasts, as well as corn and wheat import demand.
Export prices increased 1-3 percent due to the further strengthening of Thai baht and new inquiries.
Export prices increased 1-6 percent.