Browse Data and Analysis

Export prices declined around 1 percent due to the weakening of the Thai baht. Traders expect the government will issue a new tender in late May.

The report is the pesticide maximum residue limit (MRL) legislation in Thailand. The list of banned pesticides is also updated as of April 30, 2015.

Larger MY2014/15 second off-season rice production will likely offset the impact of drought on the first off-season rice crop.

After rising for several weeks, rice prices declined to late March levels as supplies of offseason rice continue coming into the market.

MOF issued a Notification in the Royal Gazette detailing the preferential duty reduction schedules under Section 12 of the Customs Tariff Decree B.E. 2530 for imported wood products.

Export prices declined slightly as supplies of off-season rice continue coming into the market. Also, inquiries for Thai rice are quiet as Vietnamese rice is 5 to 10 percent cheaper.

The government agricultural restructuring program will likely increase MY2015/16 sugar production to 11.4 million metric tons, and sugar exports to around 9 million metric tons.

Export prices are expected to be stable through the week of April 13 due to quiet trading during the long Thai New Year’s holidays.

Export prices increased 1 to 2 percent as another government-to-government contract with China for 100,000 tons of white rice was finalized for delivery by May 2015.

Soybean and soybean meal imports are expected to increase in MY2014/15 and MY2015/16.

Export prices further declined about 1 percent, as off-season rice harvest continues to keep supplies large.

Thailand’s MY2015/16 cotton imports are forecast to increase slightly from level’s in MY2014/15.