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.

Rice export prices further increased by 1 percent due to strong demand from China and African countries amid the off-season rice harvest.

Slow feed demand growth will limit Thailand’s imports of soybean meal in MY2017/18 and MY2018/19, but have less impact on Thai imports of soybeans.

On March 14, 2018, the Thai Excise Department issued a new Excise Department Notification which extended by six month the timeline for the full implementation of the Certificate of Analysis....

Rice export prices increased by 2 percent due to the strengthening Thai baht, which offset declines in farm-gate rice prices.

MY2018/19 rice and corn production are expected to reach record highs due to acreage expansion driven by attractive farm-gate prices.

Export prices declined by 1-3 percent as supplies of off-season rice have begun to enter the market.