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- (-) September 2016
- (-) June 2015
- (-) Thailand
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Export prices were virtually unchanged due to quiet trading.
Export prices declined one to two percent from the previous week as supplies of new main-crop rice have begun to enter the market.
In a turnaround from 2015, the Thai broiler industry has enjoyed reduced production feed costs, favorable growth in exports, and profitable export prices during 2016.
Export prices declined about one percent as the government finalized the sale of 755,012 metric tons of food-grade and non-food grade rice from the recent tenders issued on August 29-30.
Export prices increased around one percent due to the recent government-to-government contract with the Philippines and new interest from foreign buyers due to low prices.
Export prices further declined one to two percent as the government is expected to sell around 0.9 million metric tons from through tenders on August 29-30.
MY2016/17 rice and corn crops are in good condition despite the planting delay as precipitation has returned to normal.
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.