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MY2019/20 cotton imports are expected to decrease in line with decreased yarn production.
MY2019/20 rice production is revised down further due to ineffective control of the outbreaks of blast disease on the main rice crop and limited water supplies for off-season rice plantings.
Rice export prices declined approximately 1 percent due mainly to the weakening of the Thai baht.
Export prices for most grades of rice remain unchanged, except for fragrant rice, which declined approximately 3 to 4 percent.
The new 20-year AEDP (2018 – 2037), which was approved by the Cabinet on April 30, 2019, is likely to lower the biofuel consumption target.
Update on latest moves by the relevant government agencies and affected stakeholders after the National Hazardous Substance Committee (NHSC) determined to ban three active ingredients....
Rice export prices are virtually unchanged as reduced domestic prices are offset by the strengthening of the Thai baht.
MY2019/20 rice production is revised down as the main rice crop was affected by flooding. Rice exports are revised down further due to strong competition in low-quality rice markets.
Rice export prices remain unchanged, except for fragrant rice prices which declined significantly as supplies of the new rice crop began entering the market.
Export prices increased approximately 1 percent as exporters are seeking white rice supplies for the new shipments under the government-to-government agreement with China.
Export prices were steady over the past week. The Ministry of Energy is considering conducting a feasibility study on the use of non-food grade rice stocks for ethanol production.
Export prices increased one to three percent mainly due to a correction in domestic prices. New inquiries over the past week were limited to just small shipments.