Browse Data and Analysis

Rice export prices further declined 1-3 percent due to the weakening of the Thai baht against the U.S. dollar and the downward price pressure from the new MY2023/24 off-season rice supplies.

FAS Bangkok forecasts Thailand’s rice and corn production to marginally increase in MY 2024/25 along with expanded acreage in response to current attractive farm-gate prices. In 2025, Thailand will likely export 7.5 million metric tons of rice or well above its 5-year average.

Rice export prices dropped 2-3 percent as the Thai baht weakened and new MY 2023/24 off-season rice supplies entered the market.

Rice export prices stayed virtually unchanged as the strengthening of the Thai baht offset the downward price pressure from new off-season MY 2023/24 rice supplies entering the market.

Rice export prices increased 1-2 percent due to the strengthening of the Thai baht and the demand for white rice from Indonesia.

From February 23, 2024, U.S. wines can access the Thai market duty-free and with lower excise taxes.

Rice export prices remain unchanged as the downward price pressure from the new supplies of white rice offsets the strengthening of the Thai baht.

Rice export prices declined 1 percent as exporters have secured sufficient white rice supplies to fulfill the shipments for the two November Philippine tenders.

MY2018/19 cotton imports are expected to increase slightly in line with increased yarn production.

Rice export prices increased 1 percent due to the strengthening Thai baht and white rice purchases from China and the Philippines.

Rice export prices remain unchanged while traders wait for the shipping arrangements to be finalized for contracts under the recent Philippines’ tender.

Rice export prices are fluctuating as new crop rice enter the market.