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- (-) January 2020
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Rice export prices declined around 2 percent due to the weakening of the Thai baht that more than offset increased domestic rice prices.
Rice export prices increased significantly 6 to 7 percent due to tighter domestic supplies and concerns about reduced off-season rice acreage.
Rice export prices remain high due to tight domestic supplies and concerns about the current drought that cut MY2019/20 off-season rice acreage by half.
Rice export prices further increased 2 to 3 percent due to tighter supplies of new-crop white paddy rice and reduced MY2019/20 off-season rice acreage.
Export prices leveled off due to sales of government stocks and quiet demand for parboiled rice.
Export prices increased 2 to 3 percent due to further tightening of the domestic rice supply.
Export prices increased 3 to 5 percent due to strong enquiries for parboiled rice while domestic supplies are expected to be tighter.
Domestic and export prices continued to increase around 1 to 2 percent due to tighter domestic supplies. The new public tender for 1.2 million metric tons will be issued on May 19, 2016.
MY2016/17 rice production is revised down to 17 million metric tons due to water shortages.
Soybean and soybean meal imports are expected to increase in MY2016/17 to 5.5 million metric tons. The U.S. holds about a 20-22 percent share of the market.
Domestic and export prices continued to increase around 1 to 2 percent as domestic supplies remain tight.