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Rice export prices increased 2-5 percent as the Thai baht strengthened.
Post increased the MY2023/23 rice production forecast to 19.9 MMT to reflect greater water availability than previously projected for the MY2023/24 off-season rice crop. The forecasts for MY2023/24 corn production and imports and MY2023/24 wheat...
Export rice prices increased 3-13 percent due to the strengthening of the Thai baht which offset the downward pressure on domestic rice prices.
Export rice prices fell by 1-3 percent as the Thai baht weakened and new paddy rice crop entered the market.
Export rice prices rose 1-2 percent due to the strengthening of the Thai baht.
Export rice prices dropped 1-3 percent despite the strengthening of the Thai baht as the new crop MY2023/24 paddy rice entered the market.
Export rice prices dropped 1-6 percent as lower domestic farm-gate prices offset the strengthening of the Thai baht.
Export rice prices increased 1-2 percent due mainly to the strengthening of the Thai baht.
Thailand’s export rice prices fell another 1-2 percent due mainly to the weakening of the Thai baht.
Thailand’s export prices fell 1-2 percent, mainly due to further weakening of the Thai baht.
A drought during the intensive growth stage impacted MY2023/24 sugarcane production and led Post to lower the sugar production forecast by 15 percent from MY2022/23.
A combination of a “return to normal” behavior by Thai consumers and of a rapidly recovering tourism demand bodes well for Thailand’s post-pandemic HRI sector.