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- (-) December 2016
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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.
Export prices rebounded to pre-harvest levels. Also, the cabinet approved the expansion of the pledging program to include all MY2016/17 main-crop rice varieties.
The majority of main-crop rice and corn supplies have entered the market creating downward pressure on farm-gate prices.
The report provides an update on the Biosafety Act legislation in Thailand. The report also provides information on possible labeling regulation changes for manufactured/imported foods containing...
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.