Browse Data and Analysis

Rice export prices remain under downward pressure due to competition from Vietnamese rice and further weakening of the Thai baht.

Rice export prices declined 2 percent due to the weakening Thai baht and the sale of the remaining 2 million metric tons of government rice stocks.

Rice export prices remain unchanged as traders are awaiting the result of two tenders totaling 2 million metric tons that the government will issue this week.

Export prices of white rice declined 2 to 3 percent due to the lack of new inquiries and the sale of government stocks.

The MY2018/19 rice production forecast is revised up to 21.2 million metric tons, a 4 percent increase from MY2017/18 due to larger than expected main crop fragrant rice acreage.

Rice export prices increased around 1 percent due to the strengthening Thai baht and new demand for white rice from the Philippine government.

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.