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- (-) July 2017
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Export prices further declined one percent due to a lack of new inquiries as traders are awaiting the results of the July 25 Philippines import tender.
Export prices declined to the same price levels as seen in mid-May.
Effective on June 12, 2017, the Thai FDA has established maximum levels (MLs) of Annatto Extracts (INS160b(i) and INS160(ii)) for certain dairy products.
Export prices declined three to four percent due to a lack of new inquiries following uncertainties about the sale of government stocks.
Rice production is expected to be larger than previously forecasted in MY2016/17 and MY2017/18 due to attractive returns compared to corn.
Export prices increased significantly, particularly for fragrant rice, due to several new inquiries while at the same time exporters are securing rice supplies to fulfill their shipments to Iran.
On April 4, 2017, the National Legislative Assembly (NLA) passed the Marketing Control on Food for Infants and Young Children Act (Milk Code) to restrict the marketing of food for infants and....
Export prices increased around one percent due to the strengthening Thai baht.
MY2017/18 sugar production is expected to recover to 11.2 million metric tons, up 12 percent from 10 million metric tons in MY2016/17.
Export prices increased around one percent due to new inquiries for white rice.
Export prices increased around one percent as the Thai baht strengthens.
Growing feed demand driven by expanding livestock and poultry sectors is expected to generate increased import demand for soybeans in MY2017/18 and soybean meal in MY2016/17 and 2017/18.