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- (-) February 2024
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Rice export prices further decreased 1-2 percent due to the weakening of the Thai baht.
Rice export prices decreased 1-3 percent mainly due to further weakening of the Thai baht.
Rice export prices decreased 1-3 percent as the Thai baht weakened.
MY2023/24 rice and corn production forecasts remain unchanged. MY2023/24 wheat imports are revised up to 3.0 MMT.
Rice export prices decreased one percent despite the strengthening of the Thai baht.
Export prices for all grades of rice dropped 1-3 percent from the previous week as domestic consumption slowed due to a new COIVD-19 outbreak in Thailand.
Export prices for all grades of rice remain unchanged from the previous week as most businesses were closed during the Thai New Year holiday.
Rice export prices remain unchanged as trading activities slowed down ahead of the Thai New Year holiday and the Thai baht continues to depreciate against the U.S. dollar.
MY2021/22 sugar production is expected to recover to 10.6 MMT following two consecutive years of dramatically reduced production due to drought.
The gradual economic recovery from the COVID-19 pandemic is expected to continue to drive up import demand for soybeans in MY2020/21 and MY2021/22
Rice export prices further declined 1-3 percent due to declining domestic prices and the continued depreciation of the Thai baht against the U
The food and beverage industry is among the fast-growing industries in Thailand and is the country’s third largest industry, contributing 21 percent to the country’s Gross Domestic Product (GDP).