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Export prices for most grades of rice further declined 1 to 2 percent, except for fragrant rice prices, which increased significantly.
Export prices declined 1 percent due to a lack of new inquiries.
On July 24, 2017, Thailand and New Zealand reached an agreement to increase market access for New Zealand dairy exports to Thailand.
Export prices remain under downward pressure as supplies of MY2016/17 off-season rice are entering the market.
Export prices further declined two to three percent largely due to a lack of new inquiries. Additionally, the results of the July 25 Philippine import tender has put downward pressure on Thai rice....
MY2016/17 rice and corn production is well underway due to favorable precipitation.
Export prices further declined one percent due to a lack of new inquiries as traders are awaiting the results of the July 25 Philippines import tender.
Export prices declined to the same price levels as seen in mid-May.
Effective on June 12, 2017, the Thai FDA has established maximum levels (MLs) of Annatto Extracts (INS160b(i) and INS160(ii)) for certain dairy products.
Export prices declined three to four percent due to a lack of new inquiries following uncertainties about the sale of government stocks.
Rice production is expected to be larger than previously forecasted in MY2016/17 and MY2017/18 due to attractive returns compared to corn.
Export prices declined two to three percent in response to the sale of government rice stocks.