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- (-) August 2016
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Export prices continued to decline five to six percent due to competition from Vietnamese rice and the anticipated sales of government’s rice stock tenders for one million metric tons which will be...
Export prices declined two to four percent in anticipation of the sales of government stocks and the harvest of new-crop rice in the next couple of weeks.
Export prices declined one to three percent due to lack of new inquiries.
The Thai Cabinet revised its Alternative Energy Development Plan in 2015, aiming to promote higher use of ethanol and biodiesel up to the year 2036 on a self-reliance basis.
Export prices increased 1 to 4 percent due to foreign buyers’ concerns over the drought situation in main-crop rice growing areas.
Export prices declined around 1 percent with results of the tender for 1.1 million metric tons of government stocks still pending.
Export prices declined 2 to 3 percent in anticipation of the sales of government stocks through a public tender for around 1.1 million metric tons on June 15.
MY2014/15 second off-season rice harvest is underway while MY2015/16 main-crop rice cultivation is progressing well.
Export prices are steady this week due to quiet trading as traders await announcement of a new public tender for government stocks and the result of the Philippines’ tender.