Browse Data and Analysis

Rice export prices further decreased 1-2 percent due to the weakening of the Thai baht.

Rice export prices decreased 1-3 percent mainly due to further weakening of the Thai baht.

Rice export prices decreased 1-3 percent as the Thai baht weakened.

Post revised down Indonesia palm oil exports estimate to 27.9 million metric ton (MMT) on lower supplies, higher domestic use and expected reduced export demand for 2023/24. Palm oil use for the biodiesel industry is revised down to 12.3 MMT for 2023/24 on lower-than-expected biodiesel distribution in 2023.

MY2023/24 rice and corn production forecasts remain unchanged. MY2023/24 wheat imports are revised up to 3.0 MMT.

Rice export prices decreased one percent despite the strengthening of the Thai baht.

Indonesia’s Halal Product Assurance Agency (BPJPH) recently promulgated a new decree requiring imported products’ halal certificates issued by foreign halal certifying bodies be registered with BPJPH prior to the importation and distribution of the...