Browse Data and Analysis

Export prices further declined 1 to 2 percent as supplies of new off-season rice continue coming into the market.

Export prices declined 2 to 3 percent due to rumors of large sales of government stocks and the weakening Thai baht over the past week.

MY2015/16 rice and corn production is expected to increase slightly due to average yield improvement that will offset anticipated acreage reduction.

In the past decade, one of the most apparent trends agricultural trade patterns has been the growth in agricultural trade between developing countries or so-called “South-South trade.”

Export prices continued to decline around 1 percent in anticipation of higher-than-expected sales of government rice stocks.

Export prices declined around 1 percent in anticipation of sales of government stocks in the public tender for 1 million metric tons of white rice.

The Thai Cabinet increased domestic palm oil supplies for cooking by at least 110,000 metric tons in February 2015 thru imports and a reduction in biodiesel mandates.

Export prices are steady due to light trading ahead of an expected government tender announcement in the week of March 2. Sources indicate the upcoming tender is likely to include only white rice.

Export prices declined only around 1 percent due to lower-than-expected sales of government stocks. A new government tender for 1 million metric tons is expected by February 27.

Export prices are steady while traders wait for the result of the one million metric ton rice tender.

On 29 December, 2014, the Ministry of Finance issued a Notification providing further preferential duty reduction schedules under Section 12 of the Customs Tariff Decree B.E. 2530 for imported seafood

Thai rice exports reached a record 11 million metric tons in 2014 driven by the sales of government stocks.