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Post lowered MY2023/24 rice production estimate to 19.6 MMT due to water supply concerns.
Export prices further decreased 3-4 percent as downward price pressure from new supplies of MY2022/23 off-season rice offset the strengthening of the Thai baht.
Export prices decreased 1-2 percent due to the Thai baht hitting the lowest point in a month.
Export prices further increased 3-6 percent due to the panic buying reaction from the India’s rice export ban.
Export prices increased 4-10 percent due to the strengthening of the Thai baht and the panic buying reaction from the India’s rice export ban.
Despite the sale of around two million metric tons of old-crop food-grade rice stocks this week, export prices increased around two percent as exporters are seeking new-crop white rice...
On January 27, 2017, the Thai Food and Drug Administration notified the WTO (G/SPS/N/THA/183/Rev.1) on the Ministry of Public Health (MOPH) Notification Regarding Food Containing Pesticide Residue.
Export prices further declined one to two percent in anticipation of the sale of all the remaining food-grade government rice stocks on February 16, 2017.
Export prices declined one to two percent due to the sales of government rice stocks associated with the tender for 3.8 million metric tons on July 25.
The planting of the MY2016/17 main rice crop is still 30 percent behind last year. Aggressive sales of government stocks will likely increase Thai rice exports to 9 million metric tons in 2016.
Export prices were steady due to little trading activity during the holiday week.
Export prices remained steady this week due to little trading activities during the Chinese New Year holiday.