Browse Data and Analysis

Export prices declined around 1 to 2 percent as new supplies of main-crop rice entered the market.

Export prices declined around 1 percent due to the sales of government stocks. The Thai Government sold 246,793 metric tons of its rice tender issued on September 8.

Export prices declined around 1 to 3 percent in anticipation of the sales of government stocks and continued weakening of the Thai baht.

Thailand made some progress in 2015 on laying out a draft regulatory framework on adopting agricultural biotechnology.

Export prices for nearly all grades of rice, except fragrant rice, declined further from the previous week’s level due to continued weakening of Thai baht.

Unlike in 2014, the Thai broiler industry in 2015 has encountered much lower profitability due to a sharp decline in broiler prices.

MOF issued a Notification in the Royal Gazette detailing the preferential duty reduction schedules under Section 12 of the Customs Tariff Decree B.E. 2530 for imported wood products.

Export prices declined slightly as supplies of off-season rice continue coming into the market. Also, inquiries for Thai rice are quiet as Vietnamese rice is 5 to 10 percent cheaper.

The government agricultural restructuring program will likely increase MY2015/16 sugar production to 11.4 million metric tons, and sugar exports to around 9 million metric tons.

Export prices are expected to be stable through the week of April 13 due to quiet trading during the long Thai New Year’s holidays.

Export prices increased 1 to 2 percent as another government-to-government contract with China for 100,000 tons of white rice was finalized for delivery by May 2015.

Soybean and soybean meal imports are expected to increase in MY2014/15 and MY2015/16.