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Rice export prices declined around 1 percent due to a lack of new inquiries as traders are awaiting the results of the last government rice tenders in 2018.
Rice export prices increased 2 to 3 percent in anticipation of new white rice demand from China.
Rice export prices further increased 1 to 2 percent due to the demand for white rice from China and the Philippines.
On July 13, 2018, The Ministry of Public Health Notification No. 388 Re: Prescribed Prohibited Food to be Produced, Imported, or Sold, which bans partially hydrogenated oils (PHOs)....
Rice export prices declined 1 percent due to the lack of new inquiries. Exporters are reportedly fulfilling pending shipments of white rice to the Philippines and Africa.
Domestic and export rice prices remain unchanged. Exporters are currently fulfilling pending rice shipments to Africa and the Philippines.
Infographic illustrates how modernizing retail outlets in Southeast Asia are providing U.S. food exporters access to young, urbanizing consumers.
Rice export prices remained steady while traders await for the government to announce on July 11 the sale results of the remaining 2 million metric tons of government rice stocks.
Thailand’s retail food sector continues to grow in 2017, driven by strong economic growth, increasing numbers of tourists and government investment.
Domestic and export rice prices declined 1 to 2 percent due to the lack of new inquiries and further weakening of the Thai baht.
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.