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- (-) December 2015
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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.
MY2015/16 seed cotton production in Burkina Faso, Mali, Cote d’Ivoire, Senegal and Chad combined, are expected to drop 10 percent compared to the initial target due to a late start of the rainy season
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.