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On September 23, 2020, the Thai Excise Department published a revised notification on quality standard for imported alcoholic.
Rice export prices increased 2-3 percent due to concerns about the strength of the Thai baht.
Rice export prices remain unchanged at high levels. Exporters expect a longer delay in the delivery of contracted shipments until March 2021 due to the lack of available containers.
MY2020/21 main-crop rice harvest was delayed, but rice production is still expected to increase by approximately 5 percent.
Export prices for most grades of rice remain unchanged. Exporters expect a delay in the delivery of contracted shipments until January 2021 due to current port congestion.
MY2020/21 cotton imports are expected to rise slightly after a large drop in MY2019/20.
The Regional Comprehensive Economic Partnership (RCEP) is expected to have a marginal impact on U.S. agricultural exports to Thailand.
Rice export prices increased 1-3 percent as foreign buyers continued seeking Thai white rice due to tight Vietnamese rice supplies.
Rice export prices increased 4-6 percent due to new inquiries and the further strengthening of the Thai baht.
Rice export prices remain unchanged as the continued appreciation of the Thai baht offset the downward price pressure during the harvest period.
Thai rice prices are under downward pressure as supplies of MY2020/21 main-crop rice began entering the market.
Rice export prices remain unchanged.