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- (-) October 2022
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Export prices decreased 1-2 percent due to further weakening of the Thai baht.
Export prices decreased 2-8 percent as new-crop rice supplies began entering the market.
Export prices decreased 1-4 percent due to the further weakening of the Thai baht.
This report contains information about Thailand’s food service industry. It provides an overview of market opportunities and key channels of distribution for U.S. food and beverage products destined for the food service market in Thailand.
Sugar production recovered to normal levels of around 10 million metric tons in MY2021/22 and is likely to further increase by 3 percent in MY2022/23. Sugar production, however, remains far below record production levels due to limited acreage.
Export prices slightly increased due to the strengthening of the Thai baht.
Rice export prices declined 6 percent as foreign buyers reportedly sought Vietnamese rice after the government resumed rice exports.
The Thai Food and Drug Administration (TFDA) has yet to amend its notification to apply a zero tolerance on the Maximum Residue Limits (MRLs) for Paraquat and Chlorpyrifos.
Rice export prices leveled off but remained high as Vietnam decided to remove its rice export ban but limit rice exports during the COVID-19 outbreak...
MY2020/21 sugar production is expected to recover from the reduced sugarcane production in MY2019/20 caused by adverse weather condition...
Rice export prices spiked due to panic demand from foreign buyers after the announcement of Vietnam’s rice export restrictions and Cambodia’s ban on white rice exports driven by the COVID-19 outbreak.
Thailand notified WTO of the Ministry of Industry’s intention to ban Paraquat and Chlorpyrifos for production, importation, exportation, and possession.