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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 declined around 1 percent due to the weakening Thai baht.
Rice export prices further increased 1 percent due mainly to the export demand to the Philippines.
Thailand's fishery industry has developed and become one of the world's largest fishery exporters, generating about 20 percent of Thailand's total food product exports.
Rice export prices increased 1 percent due mainly to demand for white rice from the Philippines.
After the official successful market launch of U.S. bone in beef in November 2017 that FAS Bangkok collaborated with the U.S. Meat Export Federation (USMEF) and U.S. beef importers....
Rice export prices declined 2 to 4 percent due to a lack of new inquiries and weakening of the Thai baht.
Rice export prices increased 2 to 5 percent in response to demand for white rice from Indonesia.
Rice export prices remain unchanged due to limited trading during the Thai New Year.