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Export prices were virtually unchanged while traders are awaiting the new tenders for 3.8 million metric tons on July 25.
Export prices declined around one percent in anticipation of large sales of government stocks in the new tenders for 3.8 million metric tons on July 25.
Export prices increased 2 to 5 percent due to tight domestic supplies of white rice paddy and the strengthening of the Thai baht.
The sowing of the MY2016/17 main-rice crop is progressing slowly due to limited irrigated water supplies.
Export prices declined around 1 percent. China agreed to buy an additional 1 million metric tons of Thai rice in 2016. Results for the tender for “rotten” rice have yet to be finalized.
Water supplies for dry season are the lowest in history. Farmers continued to plant off-season rice despite a Government ban.
Export prices remained unchanged. Thirteen bidders participated in the first public tender for non-food grade rice for industrial uses on December 1.
Export prices declined around 1 percent. The Government will issue the first public tender for non-food grade rice for industrial uses on December 1.
Export prices were virtually unchanged from the previous week. The Government will issue a new public tender for non-food grade rice for industrial use by the end of November.
Despite the weakening Thai baht, export prices increased 1 percent as G-to-G agreement with Indonesia has been signed and shipments are beginning immediately.
Continued growth in Thailand livestock and poultry sectors is fueling larger-than-expected growth in soy protein demand.
Export prices declined around 1 percent due to quiet trading activities. Thai and Chinese Governments have finalized the delivery details of the 8th shipment under the 2014 G-to-G agreement.