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- (-) September 2015
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Export prices declined around 1 to 2 percent as new supplies of main-crop rice entered the market.
As a result of FAS Lima’s updated contact database, coordination and support of the USDPL Trade Mission during January 2015, Peruvian importers report buying 30 percent more thus far in 2015.
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.