Report Highlights:
Source: USDA Foreign Agricultural Service
Report Highlights:
Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
Report Highlights:
Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
Report Highlights:
Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
Report Highlights:
Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
Report Highlights:
Source: USDA Foreign Agricultural Service.
Report Highlights:
Source: USDA Foreign Agricultural Service.
Report Highlights:
Source: USDA Foreign Agricultural Service.
Report Highlights:
Source: USDA Foreign Agricultural Service.
Report Highlights:
Source: USDA Foreign Agricultural Service.
Report Highlights:
Source: USDA Foreign Agricultural Service.
Report Highlights:
Source: USDA Foreign Agricultural Service.
Report Highlights:
Source: USDA Foreign Agricultural Service.
Report Highlights:
Source: USDA Foreign Agricultural Service.
Report Highlights:
Source: USDA Foreign Agricultural Service.
Report Highlights:
Source: USDA Foreign Agricultural Service.
Report Highlights:
Source: USDA Foreign Agricultural Service.
Report Highlights:
Source: USDA Foreign Agricultural Service.
Report Highlights:
Source: USDA Foreign Agricultural Service.
Report Highlights:
Source: USDA Foreign Agricultural Service.
Report Highlights:
Source: USDA Foreign Agricultural Service.
Report Highlights:
Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
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Source: USDA Foreign Agricultural Service.
Report Highlights:
Source: USDA Foreign Agricultural Service.
Report Highlights:
Source: USDA Foreign Agricultural Service.
Report Highlights:
Source: USDA Foreign Agricultural Service.
Report Highlights:
Source: USDA Foreign Agricultural Service.
Report Highlights:
Source: USDA Foreign Agricultural Service.
Report Highlights:
Source: USDA Foreign Agricultural Service.
Report Highlights:
Source: USDA Foreign Agricultural Service.
Report Highlights:
Source: USDA Foreign Agricultural Service.
Report Highlights:
Source: USDA Foreign Agricultural Service.
Report Highlights:
Source: USDA Foreign Agricultural Service.
Report Highlights:
Source: USDA Foreign Agricultural Service.
Report Highlights:
Source: USDA Foreign Agricultural Service.
Report Highlights:
Source: USDA Foreign Agricultural Service.
Report Highlights:
Source: USDA Foreign Agricultural Service.
Report Highlights:
Source: USDA Foreign Agricultural Service.
Report Highlights:
Source: USDA Foreign Agricultural Service.
Report Highlights:
Source: USDA Foreign Agricultural Service.
Report Highlights:
Source: USDA Foreign Agricultural Service.
Report Highlights:
Source: USDA Foreign Agricultural Service.
Report Highlights:
Source: USDA Foreign Agricultural Service.
Report Highlights:
Source: USDA Foreign Agricultural Service.
Report Highlights:
Source: USDA Foreign Agricultural Service.
Report Highlights:
Source: USDA Foreign Agricultural Service.
Report Highlights:
Source: USDA Foreign Agricultural Service.
Report Highlights:
Source: USDA Foreign Agricultural Service.
Report Highlights:
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices remain unchanged due to market inactivity. The government delayed its plan to issue a tender for the remaining rice stocks until April. [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices of white and parboiled rice further declined by 1-2 percent while prices for fragrant rice continued to increase. The government is expected to issue a new tender for the remaining government rice stocks next month. [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined significantly by 5-10 percent as foreign buyers are waiting for new supplies of MY2017/18 off-season rice which will enter the market in the next couple of weeks. [continue]Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices of most grades of rice further declined 2 percent, except for fragrant rice prices which continued to increase due to tighter domestic supplies. [continue]Source: USDA Foreign Agricultural Service.
Report Highlights:
Source: USDA Foreign Agricultural Service.
Report Highlights:
Source: USDA Foreign Agricultural Service.
Report Highlights:
Source: USDA Foreign Agricultural Service.
Report Highlights:
Source: USDA Foreign Agricultural Service.
Report Highlights:
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices remain unchanged as a result of the lack of rice trading during the year-end holiday season. Figures from the on-farm pledging program show that the volume of pledged rice is far below the targeted quantity. [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Source: USDA Foreign Agricultural Service.
Report Highlights:
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices increased 2-3 percent due to the strengthening Thai baht and strong export demand. [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices increased 2-6 percent due to strong demand for white and fragrant rice. The government’s sale of non-food quality rice stocks have been partially recalled and will not be retendered this year.. [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined 1-4 percent due to larger available supplies during the peak harvest, particularly for new crop white and fragrant rice. [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices remain unchanged. Exporters are securing rice supplies as main crop rice production is entering the market. [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined 1-2 percent as supplies of new crop rice are gradually entering the market. [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices for the most part remain unchanged. Fragrant rice prices declined slightly due to the early harvest of some areas which were affected by flooding. [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices further declined 1 percent as supplies of MY2017/18 main crop white rice are reportedly entering the market. [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices for most grades of rice further declined 1 percent except for parboiled rice which increased slightly in response to a new government-to-government agreement on Thai parboiled rice exports to Bangladesh. [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices further declined 3-4 percent mainly due to a reduced demand from foreign buyers. Foreign buyers are reportedly waiting for new rice supplies to enter the market. [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined 1-3 percent due to a lack of new inquiries. The government has approved several rice support programs to ensure stable domestic prices for MY2017/18 main crop rice production. [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices of white and parboiled rice further increased 2-3 percent due to market rumors about an Indian rice export ban. Fragrant rice prices are leveling off but still above U.S. $1,000/MT. [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices increased 2-3 percent due to new inquiries for white and parboiled rice. Fragrant rice prices are now above U.S. $1,000/MT. [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices increased approximately 1-2 percent due mainly to the strengthening of the Thai baht and the delay of the new tender for the remaining government rice stocks. [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices for most grades of rice further declined 1-2 percent, except for fragrant rice prices which continued to increase significantly. Traders are still awaiting the details of the new tender for the remaining government rice stocks which is expected to be announced by the end of August. [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices for most grades of rice further declined 1-2 percent, except for fragrant rice prices which increased significantly. The government is expected to issue a new tender for 0.6 million metric tons of deteriorated rice by the end of August. Additionally, the government is proceeding with the sale of rice stocks after the sale’s suspension was overturned by the Supreme Administrative Court. [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined 1 percent due to a lack of new inquiries. Traders are awaiting the sale of government stocks after the sales suspension was overturned by the Supreme Administrative Court on August 11. [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices remain under downward pressure as supplies of MY2016/17 off-season rice are entering the market. Recent flooding is likely to have minimal impact on MY2017/18 main-crop rice production. [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices further declined 2-3 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 prices. [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices further declined 1 percent due to a lack of new inquiries as traders are awaiting the results of the July 25 Philippines import tender. The government is expected to finalize the sale of the remaining 167,220 metric tons of food-quality rice on August 4. [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices further declined 1 percent due to a lack of new inquiries. Traders are awaiting the results of both the July 18 tender for the remaining government food-quality rice stocks and the July 25 Philippines’ import tender. [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined to the same price levels as seen in mid-May. Buyers are awaiting the government stocks sale results, including the results for a new tender of food-quality rice stocks which will be issued on July 18. [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined 3-4 percent due to a lack of new inquiries following uncertainties about the sale of government stocks. The government will issue a new tender for the last remaining food-quality rice stocks on July 18. [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined 2-3 percent in response to the sale of government rice stocks. Additionally, new supplies of off-season white rice will begin entering the market within the next two weeks. [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices began to level off this week due to fewer new inquiries and the near completion of the Iranian shipments. The government is expected to sell 2.1 million metric tons of feed-quality rice from the July 15, 2017, 2.2 million metric ton tender. [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices reached a five-year record increasing for the sixth straight week due to numerous inquiries and the strengthening Thai baht. On June 12, the government sold 1.7 million metric tons of foodquality rice stocks and 0.5 million metric tons of deteriorated rice stocks. A new tender for the remaining feed-quality rice stocks will be issued on June 15. [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices have increased five straight weeks due to new inquiries and the strengthening Thai baht. The government is expected to sell 1.7 million metric tons of food-quality rice stocks and 0.5 million metric tons of deteriorated rice stocks this week. [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices further increased 1-2 percent due to the strengthening of the Thai baht. The government is expected to sell 1.7 million metric tons of food-quality rice stocks and 0.5 million metric tons of deteriorated rice stocks next week. [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices further increased 4-6 percent, except for fragrant rice prices which remained steady. Many traders are reportedly interested in the remaining 1.8 million metric ton tender for food-quality rice stocks on May 24, 2017. [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices further increased 2-3 percent, except for fragrant rice prices which remained steady. The government announced that they will issue a new tender for the remaining 1.8 million metric tons of the food-quality rice stocks on May 24, 2017. [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices increased 2-3 percent due to several new inquiries for fragrant and white rice. The government will announce the details of the new tender for the remaining food-quality rice stocks by mid-May. [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices remain steady as the weakening Thai baht offset the price pressure caused by the upcoming rice shipments to Iran. The government announced that they received 21 qualified bids for the April 28, 2017, one million metric ton tender of deteriorated rice for industrial use. [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices increased significantly, particularly for fragrant rice, due to several new inquiries while at the same time exporters are securing rice supplies to fulfill their shipments to Iran. [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices increased around 1 percent due to the strengthening Thai baht. [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices increased around 1 percent due to new inquiries for white rice. [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Source: USDA Foreign Agricultural Service.
Report Highlights:
Source: USDA Foreign Agricultural Service.
Report Highlights:
Source: USDA Foreign Agricultural Service.
Report Highlights:
Source: USDA Foreign Agricultural Service.
Report Highlights:
Source: USDA Foreign Agricultural Service.
Report Highlights:
Despite the sale of around 2 million metric tons of old-crop food-grade rice stocks this week, export prices increased around 2 percent as exporters are seeking new-crop white rice for shipments under the recent government-to-government agreements with China. [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices further declined 1-2 percent in anticipation of the sale of all the remaining food-grade government rice stocks on February 16, 2017. [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices further declined 1-2 percent in anticipation of the sale of all the remaining food-grade government rice stocks on February 16, 2017. [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices remained steady this week due to little trading activities during the Chinese New Year holiday. [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined approximately 1 percent due to the lack of new inquiries during the Chinese New Year holiday season. [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices increased 1-2 percent mainly due to new inquiries for old-crop white rice from African countries. [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices were steady as rice traders are awaiting information about the sale of government stocks. [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices were steady due to little trading activity during the holiday week. [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined around 1 percent due to a lack of new inquiries during the year-end holidays. Exporters urged the government to sell off food-grade rice stocks in 2017. [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices increased approximately 1 percent as exporters are seeking white rice supplies for the new shipments under the government-to-government agreement with China. [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Source: USDA Foreign Agricultural Service.
Report Highlights:
Source: USDA Foreign Agricultural Service.
Report Highlights:
Source: USDA Foreign Agricultural Service.
Report Highlights:
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices further declined approximately 1 percent due mainly to the weakening of the Thai Baht. Domestic prices remain under downward pressure. [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices further declined approximately 1 percent as new-crop supplies are entering the market. The government extended the pledging program to include white rice and Pathumthani fragrant rice farmers to prevent falling farm-gate prices. [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices are declining, particularly for fragrant rice, as the majority of new-crop supplies are entering the market. In response, the government has increased the intervention price as well as allotted an additional direct payment for fragrant rice farmers. [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices increased 1 percent due mainly to the strengthening Thai baht. Prices remain under downward pressure despite government measures to keep new-crop rice off the market. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices further declined 1-2 percent due to weak demand even though the first shipment under the government-to-government agreement with China is set to take place next week. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices further declined 1-2 percent due to the weakening Thai baht and low foreign demand. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices further declined 1-2 percent due to a lack of new inquiries as traders are awaiting bumper supplies of new-crop rice to enter the market in November. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined 1-2 percent from the previous week as traders await lower prices while the harvest is underway. The government will give more incentives for farmers and millers/traders to stockpile rice during the peak harvest. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined 1-2 percent from the previous week as supplies of new main-crop rice have begun to enter the market. The majority of main-crop rice production is expected to enter the market in November. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined about 1 percent as the government finalized the sale of 755,012 metric tons of food-grade and non-food grade rice from the recent tenders issued on August 29-30. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices increased around 1 percent due to the recent government-to-government contract with the Philippines and new interest from foreign buyers due to low prices. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices further declined 1 to 2 percent as the government is expected to sell around 0.9 million metric tons from through tenders on August 29-30. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined 2 to 4 percent in anticipation of the sales of government stocks and the harvest of new-crop rice in the next couple of weeks. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined 1 to 3 percent due to lack of new enquiries. Traders are awaiting another new tender due to lower-than-expected sales of government rice stocks in the tenders issued last month. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices were virtually unchanged while traders are awaiting the new tenders for 3.8 million metric tons on July 25. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined around 1 percent in anticipation of large sales of government stocks in the new tenders for 3.8 million metric tons on July 25. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices increased 2 to 5 percent due to tight domestic supplies of white rice paddy and the strengthening of the Thai baht. The government is expected to issue new tenders for 2.2 million tons of rice stocks for export and 0.4 million metric tons for industrial uses. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices remained unchanged as traders are awaiting the new public tender for 2.2 million metric tons of government stocks. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices remained steady as traders waited for the government to finalize the bids for the 1.2 million metric tons of rice announced in the public tender issued on May 19. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices leveled off due to sales of government stocks and quiet demand for parboiled rice. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices increased 2 to 3 percent due to further tightening of the domestic rice supply. Foreign buyers are awaiting the result of the public tender for 1.2 million metric tons, which will be announced by the end of this week. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices continued to increase around 1 to 2 percent due to tighter domestic supplies. The new public tender for 1.2 million metric tons will be issued on May 19, 2016. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices continued to increase around 1 to 2 percent as domestic supplies remain tight. The Thai Government is likely to speed up the sales of its rice stocks in the next couple of months. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices increased around 1 percent due to the strengthening of the Thai baht and tight domestic supplies. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices increased slightly due mainly to the strengthening of the Thai baht despite quiet trading during the Thai New Year holiday. New tenders for government stocks will likely be issued by the end of April. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices increased 1 to 2 percent with exporters fulfilling outstanding shipments under the Government-to-Government agreement with China. The Government will issue new tenders for 642,498 metric tons of food and non-food grade rice stocks on March 30-31. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices increased around 1 percent due to tighter domestic rice supplies and the strengthening Thai Baht. The Government expects to issue the new public tenders for food-grade rice by the end of March. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices increased slightly due to the strengthening Thai Baht. Traders are awaiting the details of the new Government stocks tender during the week of March 14. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices for Thai rice declined further this week due to inactive export demand and the likelihood of a new tender for Government rice stocks. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
With a large tender for government stocks announced this week, export prices for most grades of rice declined marginally. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
xport prices increased further due to current tight domestic market supplies and concern about drought. A new tender for food and non-food grade rice from the government stocks will be issued on February 16-17. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices increased 2 to 4 percent mainly due to new export inquiries and tighter domestic supplies. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices remained unchanged as traders wait for market conditions to improve. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices increased 1 to 2 percent due to tighter domestic supplies while the G-to-G rice shipments continued. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices increased slightly as exporters pursued new-crop white rice for shipment under the 2014 Government-to-Government Agreement with China. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices were virtually unchanged due to lack of new inquiries during the holiday season. The Thai and Chinese governments finalized the details of another rice shipment, which was agreed to under the 2014 Government-to-Government agreement. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined around 1 percent. China agreed to buy an additional 1 million metric tons of Thai rice in 2016. Results for the tender for “rotten” rice have yet to be finalized. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined around 1 percent. The Government will issue the first public tender for non-food grade rice for industrial uses on December. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices were virtually unchanged from the previous week. The Government will issue a new public tender for non-food grade rice for industrial use by the end of November. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Despite the weakening Thai baht, export prices increased 1 percent as G-to-G agreement with Indonesia has been signed and shipments are beginning immediately. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined around 1 percent due to quiet trading activities. Thai and Chinese Governments have finalized the delivery details of the 8th shipment under the 2014 G-to-G agreement. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined around 1 percent as the rumored G-to-G agreement with Indonesia has not yet been finalized. The Thai Cabinet is likely to approve an on-farm pledging program on October 27, similar to the program operated in 2014. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices were virtually unchanged expect for fragrant rice prices. The Ministry of Commerce is proposing on-farm pledging program for MY2015/16 fragrant rice production. Rumored sales of 500,000 metric tons of Thai rice under G-to-G agreement with Indonesia still unconfirmed. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices increased around 1 percent due to the strengthening of the Thai baht. A rumor about a new G-to-G contract with Indonesia also put upward pressure on domestic prices. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices increased 2 to 4 percent as exporters are seeking new-crop rice for shipments under the Government-to-Government contract with the Philippines. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined around 1 to 2 percent as new supplies of main-crop rice entered the market. The Thai government reportedly won a 300,000 metric ton bid to supply rice to the Philippines as part of a government-to-government deal. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined around 1 percent due to the sales of government stocks. The Thai Government sold 246,793 metric tons of its rice tender issued on September 8. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined around 1 to 3 percent in anticipation of the sales of government stocks and continued weakening of the Thai baht. The Thai government issued a new rice tender for 0.7 million metric tons on September 7. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices for nearly all grades of rice, except fragrant rice, declined further from the previous week’s level due to continued weakening of Thai baht. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined slightly due to continued weakening of Thai baht currency and pressure from the competition of Vietnamese rice. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined 1 percent mainly due to continued weakening of Thai baht. The Government also sold 0.4 million metric tons out of the public tender for 0.7 million metric tons issued on August 10. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined 1 percent due to continued weakening of Thai baht and lack of inquiries. Traders are awaiting the result of public tender for around 0.7 million metric tons issued on August 10. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined 1 to 2 percent due to the weakening of Thai baht and ample market supplies from the last government stocks sales in mid-July. The Government will issue a new public tender for 0.7 million metric tons on August 10, which most observers think will result in the auction of any remaining good quality rice from government stocks. ... [continue]
Report Highlights:
Export prices declined 1 to 3 percent due to the weakening of Thai baht. While the first tender of non-food grade rice stocks was postponed, the government is likely to issue a new tender for food-grade rice instead. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Despite a sale of 1.1 million metric ton of rice stocks, export prices increased 2-3 percent due to concerns about ongoing drought and small amounts of good quality rice remaining in government stocks. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices increased 2 to 4 percent due to concerns about ongoing drought. The number of rice millers participating in the public tender more than doubled. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices are steady as traders await a new public tender to be issued on July 6. The Government also announced plans to sell its lower quality rice stocks to ethanol plants during July to September. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices increased 1 to 4 percent due to foreign buyers’ concerns over the drought situation in main-crop rice growing areas. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined 2 to 3 percent in anticipation of the sales of government stocks through a public tender for around 1.1 million metric tons on June 15. The Government announced floor price for bids for 5% grade white rice which are 10-25 percent below current market prices. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices are steady this week due to quiet trading as traders await announcement of a new public tender for government stocks and the result of the Philippines’ tender. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined around 1 percent in anticipation of the government’s issuance of a new public tender in June and July. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined around 1 percent in anticipation of additional sales of government stocks. The government expects to issue a new public tender in early June. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
This week’s export prices declined 2-3 percent due mainly to further weakening of the Thai baht versus the U.S. dollars. Also, supplies of second off-season rice are coming into the market providing ample supplies to buyers. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
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. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
After rising for several weeks, rice prices declined to late March levels as supplies of offseason rice continue coming into the market. Inquiries for Thai rice remain quiet as Vietnamese rice is still cheaper. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
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. Shipments under the government-to-government contract with the Philippines are underway. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
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. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices further declined about 1 percent, as off-season rice harvest continues to keep supplies large. The government decided to suspend the plan to issue new public tender in April in order to prevent falling domestic prices. Reports indicate the next tender to sell government stocks will be no earlier than June. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices further declined 1 to 2 percent as supplies of new off-season rice continue coming into the market. The government is expected to delay the issuance of new public tender until the end of April. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
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. Separately, the Government announced that shipment of outstanding government-to-government contract with China will probably resume no early than May 2015. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices continued to decline around 1 percent in anticipation of higher-than-expected sales of government rice stocks. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
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. Supplies of off-season rice are coming into the market. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
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. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
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. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices are steady while traders wait for the result of the one million metric ton rice tender. The result is likely to be finalized during the week of February 16, Chinese Lunar New Year holidays. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Thai rice exports reached a record 11 million metric tons in 2014 driven by the sales of government stocks. MY2014/15 rice production is revised down slightly due to acreage reduction of the off-season rice crop. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined around 1 percent in anticipation of the government’s announced tender of approximately 1 million metric tons. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices for most grades of rice are basically unchanged from the previous week except for fragrant rice. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices remain unchanged due to quiet trading during the holiday season. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices increased 1 percent due to lower-than-expected sales of government rice stocks. The government will only sell approximately 247,000 metric tons of the 400,000 metric ton tender it announced on December 22. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined 1 percent as the government will issue a tender for around 400,000 metric tons on December 22. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined 1 percent in anticipation of the sales of government rice stocks. The details of a new public tender for 400,000 metric tons will be announced on December 11, 2014. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices increased 1-3 percent, particularly for fragrant rice, in response to the implementation of an on-farm pledging program that the government approved on last week. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined 1-3 percent due to the seasonal peak of main-crop rice supplies. The government is likely to finalize the approval to implement new on-farm pledging programs for MY2014/15 main-crop fragrant and glutinous rice paddy on November 25. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices declined 1-5 percent as new-crop supplies are coming onto the market. Meanwhile, the government delayed any decision to implement new on-farm pledging programs for MY2014/15 main-crop fragrant and glutinous rice paddy. Also, exporters are actively executing shipments of the government-owned rice to the Philippines. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices remained unchanged. The government is likely to consider the on-farm pledging program for MY2014/15 main-crop fragrant and glutinous rice paddy this week. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices for most grades of white rice remained unchanged. The government sold 203,000 metric tons of rice stocks as expected by traders last week. The bids were 8-20 percent below the market prices. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices of white rice declined 2 to 3 percent in anticipation of further sales of government stocks from the public tender on Tuesday, October 28. Also, fragrant rice prices fell significantly as new supplies are coming onto the market. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined slightly in anticipation of a new public tender this week. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices remained unchanged from the previous week. The government is likely to issue a new public tender next week. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined 1 to 2 percent due to the sales of government stocks and the weakening of the Thai baht this week. The government continues to sell its rice stocks only for export. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined around 1 percent due to the sales of government stocks. The result of the second public tender has been finalized and new tenders will be exclusively for exporters. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices increased 1 to 2 percent due to tighter domestic supplies. The Thai government signed a government-to-government contract with the Philippines for 300,000 metric tons of white rice. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined 1 to 4 percent due to the expected upcoming sale of government rice stocks and the weakening of the Thai baht. The government will likely announced that it sold 90,000 – 100,000 metric tons of its rice stocks in the public tender held last week. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices increased 1 to 4 percent due to announcement of a smaller-than-expected rice tender by the government. The tender will open on September 12. The government will likely limit thesales of 5 percent grade white rice. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined 2 percent due to new supplies of off-season rice harvest and anticipated sales of government rice stocks. New government-to-government contract with China has reportedly settled at $450/MT. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined slightly as new off-season rice supplies entered the market. The government plans to issue a new public tender for rice stocks in early September. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices increased 1 to 4 percent due to tight domestic supplies. The government’s approval of its rice stock sales was lower than market expectations. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices increased 1 to 2 percent due to tight domestic supplies. The government has not finalized last week’s public tender. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices increased 1 to 4 percent due to tight domestic supplies. The government is expected to issue a rice tender of approximately 168,000 metric tons on August 7, 2014. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices remained unchanged. The sales of rice stocks will likely resume next month. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices increased 1 to 2 percent due to the strengthening of the Thai baht and white rice supplies remain tight. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices increased 1 to 2 percent. The military government plans to resume the sale of rice stocks next month. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices remained unchanged. The military government expects the inspection of government-owned rice stocks will be completed by the end of this month. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic supplies, particularly white rice, remain limited. The military government is considering input subsidies to replace the rice pledging program. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
The military government announced that it will no longer continue the rice pledging and income insurance programs. All overdue payments under the pledging program are expected to be repaid by the end of this week. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices remained unchanged as the military government allows the shipments of rice from government rice stocks sales that were approved before the coup. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices increased 1 to 2 percent due to the slowdown of the sales of government rice stocks as the military government expedited overdue payments under the pledging program using loans from the state agricultural bank and other financial institutions. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined slightly due to the sales of government stocks. The government will issue additional tenders of 670,040 metric tons this week. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices remained unchanged from the previous week. A scheduled tender in the AFET this week was postponed until May 15. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined 1 to 3 percent as the government continued to sell its rice stocks to finance the delayed payments (approximately 100 billion baht or $3.1 billion) incurred under the MY2013/14 Main-Crop Rice Paddy Pledging Program. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices declined further due to sales from government rice stocks. The government will issue four tenders of approximately 0.8 million metric tons this week. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices declined 1 to 3 percent due to sales from government rice stocks. The government will issue another tender of 196,740 metric via the AFET on April 9. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices declined 1 to 3 percent due to sales of government rice stocks. The government will be seeking bids to deliver 100,000 metric tons of rice under a government-to-government deal with China. Last week’s tender via AFET was pushed back a week. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices declined 1-2 percent due to sales from government rice stocks and new supplies from off-season rice production. Also, the government will issue another two tenders of around 0.5 million metric tons via Thailand’s futures exchange this month. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices remained unchanged from the previous week. The government plans to conduct a public tender of around 0.5 million metric tons this week and another tender of 0.5 million metric tons via the AFET in the following weeks to help finance the current rice paddy pledging program. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices remained unchanged from the previous week. The government is expected to conduct another tender of 230,727 metric tons this week to help finance the current rice paddy pledging program. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices increased 1 to 6 percent due to the strengthening of the Thai baht. The Thai government has not yet finalized its previous rice stock tenders; however, it will likely conduct another tender of 300,000 metric tons next week. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices remained unchanged. The government is expected to conduct tenders totaling 709,589 metric tons of rice this week. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices increased slightly due to the lack of government rice sales. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined significantly from the previous week due mainly to the weakening of the Thai baht to 33 baht/US$. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices declined 1 to 2 percent due to additional sales of government rice stocks. The government is expected to conduct a new tender on December 20, 2013. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices remained unchanged from the previous week due to quiet trading activity. The current MY2013/14 main-crop rice paddy pledging program will continue despite the dissolution of the parliament. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Despite an increase in domestic rice prices, most export prices remain unchanged due to the weakening of the Thai baht. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices remained unchanged from the previous week. The government sold approximately 200,000 metric tons in last week’s public tender, mostly for export. The bids for this week’s tender were lower, but have yet to be finalized. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined slightly. Besides the public rice tender of 452,538 metric tons this week, the government is also expected to conduct another tender of 125,960 metric tons on November 25, 2013. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices declined approximately 1 to 2 percent due to additional sales of the government rice stocks. In addition, the government has begun to receive new pledges of white rice under its MY 2013/14 Main Crop Rice Pledging Program. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices remain unchanged from the previous week. Last week’s tender on the Agricultural Futures Exchange of Thailand did not impact market prices as only a few traders participated in the tender. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices remain unchanged from the previous week as traders and exporters waited to see if the sales of government rice stocks showed any impact on the Agricultural Futures Exchange of Thailand. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
New stocks from the MY2013/14 main rice crop caused domestic and export prices to decline by 2 to 4 percent. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices declined 2 to 3 percent as some millers, particularly in the central plains area, sold their carry-over stocks to avoid any impact caused by floods. The government announced that it will conduct another rice tender totaling 300,340 metric tons in early October. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices increased slightly due to the concerns over the strengthening of the Thai baht. Meanwhile, domestic prices remain under downward pressure due to the sales of the government stocks. .. [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices are close to the previous week's level. .. [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices are basically close to the previous week’s level. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices further declined from the previous week as the Thai baht continued to depreciate against the U.S. dollar. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices further decreased from the previous week due mainly to a decline in domestic prices and continued depreciation of the Thai baht. On August 27, 2013, the Thai Cabinet approved changes to the paddy pledging program. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices declined 3 to 6 percent due to an increase in exportable supplies of government rice stocks. The recent tenders received bids that were reportedly 5-10 percent below market prices. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices declined slightly as the government continues to issue tenders for its rice stocks. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices declined 1-3 percent due to the sales of the government rice stocks of 90,000 tons which consist of 60,000 metric tons of 5% grade white rice for exports, and 30,000 metric tons of grade A1 Super broken white rice for the domestic or export market. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined 1 percent as the government is likely to sell around 483,600 metric tons of its rice stocks through three public tenders. Two tenders totaling 353,600 metric tons are expected to be conducted on July 26, 2013 and another tender for 200,000 metric tons of white rice paddy (130,000 metric tons milled equivalent) is expected on July 30, 2013. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined 1 percent due to the government’s announcement that it will issue rice tenders. The government will conduct two open tenders totaling 353,600 metric tons. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined 1 percent due to the depreciation of the Thai baht. The government plans to sell approximately 0.5 – 1 million metric tons of its rice stocks through open tenders, which will likely begin early next month. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined 1 percent due to sales of the government rice stocks. The National Rice Policy Committee reversed the government’s decision to cut intervention prices, but maintained the cap on the amount of rice pledges. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined 1 to 3 percent due to the weakening of the Thai baht. The Thai Government took the unprecedented steps to cut rice intervention prices and limit the amount of rice pledges per farmer household due to limited financial resources and concerns over public debt. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined approximately 1 percent despite the strengthening of the Thai baht. The National Rice Policy Committee agreed to scale back the MY2013/14 Rice Paddy Pledging Program and will seek the Thai Cabinet’s approval to cut the intervention prices and limit pledging amounts. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined 1-3 percent due to the weakening of the Thai baht. The MY2013/14 Rice Paddy Pledging Program will likely be scaled back as the program is facing a squeeze. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined approximately one percent due to the weakening of the Thai baht. Domestic prices will likely trend downward in anticipation of the sales of the government rice stocks. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices were unchanged from the previous week due to quiet trading. The Ministry of Commerce has reportedly paid only 25-30 percent of the loans made by the Bank for Agriculture and Agricultural Cooperatives due to the delay in government rice stock sales. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices declined one percent as the National Rice Policy Committee urged the Ministry of Commerce to sell its rice stocks to support the MY2013/14 Main-Crop Rice Paddy Pledging Program. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices declined 1-3 percent as the government is reportedly speeding up its rice stock sales to finance the current MY2012/13 Off-Season Rice Paddy Pledging Program. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices declined approximately 1-2 percent as the government is reportedly speeding up its rice stock sales. The government is estimated to hold total rice stocks of approximately 16 million metric tons milled rice. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices fell approximately 1 percent due to the depreciation of the Thai baht. The Thai Government is seeking Cabinet approval to continue the rice pledging program for MY2013/14, which is expected to be fully financed by the sale of government rice stocks. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices remained unchanged. The government postponed its plan to sell stocks of old-crop white rice due to the concern over current downward pressure on domestic prices and the strengthening of the Thai baht. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Most rice businesses closed for the Thai New Year holiday, thus, there are no quotations to report. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices remain unchanged, except for parboiled rice, which declined 1 to 2 percent from the previous week. The Thai Cabinet approved the MY2012/13 Off-Season Rice Paddy Pledging Program worth 105 billion baht ($3.5 billion). ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices remain unchanged from the previous week. The Thai Cabinet is likely to approve the MY2012/13 Off-Season Rice Paddy Pledging Program this week. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices declined again as millers continue to sell their old-crop rice stocks. The MY2012/13 Off-Season Paddy Pledging Program will likely begin on April 1, 2013 as the Thai Cabinet is expected to approve the program. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices continued to decline from the previous week as millers sell off their old-crop rice stocks. The National Rice Policy Committee finalized the MY2012/13 Off-Season Paddy Pledging Program and left intervention prices unchanged. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices declined slightly from the previous week, particularly for parboiled rice. The National Rice Policy Committee’s decision on the Off Season Crop Pledging Program is postponed until mid-March. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices declined around one percent due to the sale of government rice stocks. The new MY2012/13 Off-Season Paddy Pledging Program will likely be finalized by the end of this week. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices remain unchanged due to quiet trading. The new MY2012/13 Off-Season Paddy Pledging Program still has not been finalized due to limited financial resources. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
There are no quotations this week due to Lunar New Year holidays. The government will likely begin the pledging program for the MY2012/13 off-season crop early next month. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined slightly due to a lack of new inquiries. Domestic supplies of white rice will likely ease as new-crop supplies will be coming onto the market in the next couple of weeks. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined around one percent due to the weakening of the Thai Baht. Domestic rice traders are demanding the government sell its rice stocks of approximately 300,000 tons due to tight domestic supplies caused by the pledging program. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices increased around 1 percent due to the strengthening of the Thai Baht. Domestic and exportable supplies are tighter due to the government paddy pledging program. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices increased around 1 percent due to concerns over the strengthening of the Thai Baht. Exportable supplies remain tight as current rice paddy pledges almost double. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices remained unchanged due to quiet trading. The current pledging program has received pledges of around 7.4 million tons of rice paddies, up significantly from the previous year. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices declined around 1 percent from the previous week due to a lack of new inquiries. The Thai Government has suspended its fragrant rice stock sales of 200,000 metric tons due to fraud concerns. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices declined around 1 percent from the previous week due to the anticipated sale of government stocks of around 200,000 metric tons of new-crop fragrant rice. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Parboiled rice prices further declined 2 to 3 percent from last week, while prices for white and fragrant rice varieties remained unchanged. The Thai Government is conducting closed tenders for new-crop fragrant rice exports of around 0.6 million metric tons. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices for most rice varieties remained unchanged from the previous week, except for parboiled rice, which declined around 1 percent due to a lack of new inquiries. In addition, fragrant rice prices declined slightly in anticipation of more sales of government stocks. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices remained unchanged from the previous week. The Thai Government plans to sell 1.1 million metric tons of its fragrant rice and white rice stocks for export between December 2012 and February 2013. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined around 1 percent due to a lack of new inquiries. In addition, most exporters will likely fulfill their outstanding contracts of parboiled rice with Nigeria by the end of this week. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Prices for rice exports increased around 1 percent due to tighter domestic supplies as exporters purchased more rice to fulfill their contracts with Nigerian importers. Presently, MY2012/13 main-crop Paddy Pledging Program has received pledges of 765,397 metric tons of rice paddies. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices for most grades of rice remained unchanged, except for white rice prices which increased slightly due to tight supplies. The Government plans to sell stocks of fragrant rice pledged under the new MY2012/13 Paddy Pleading Program for export during November 2012 – January 2013. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices for most grades of rice declined 1-2 percent, except for parboiled rice prices which increased around 3.0 percent from the previous week. Meanwhile, the Thai Cabinet approved additional funding to finance the current off-season crop Paddy Pledging Program. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined 1-2 percent as the Thai Government continued to sell its rice stocks to help finance the MY2012/13 main-crop Paddy Pledging Program. The government sold around 287,300 metric tons of rice through its open tenders, which generated approximately 5.2 billion baht ($175 million). ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined 1-2 percent due to the release of government rice stocks and a lack of new inquiries. The Government released 57,604 metric tons of fragrant rice below current market prices. Meanwhile, the Thai Cabinet approved the 240 billion baht ($8 billion) MY012/13 Paddy Pledging Program. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export rice prices remained unchanged from the previous week, however, prices for parboiled rice declined 2-3 percent. The Cabinet deferred making a decision on the MY2012/13 Paddy Pledging Program until next week due to budget concerns. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined about 1.0 percent due to an increase in the exportable supplies from the government stock release of white rice of around 229,661 metric tons. An additional stock release is expected over the next couple of weeks. Meanwhile, the Government is seeking Cabinet approval this week for the MY2012/13 Paddy Pledging Program budget totaling 405 billion baht ($13 billion). ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined slightly due to the government stock release of 229,661 metric tons, most of which were 5% grade white rice for export use only. Also, the National Rice Policy Committee finalized the MY2012/13 Paddy Pledging Program, which is expected to pledge a larger amount of paddy than this year’s level. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices increased 2-7 percent due to tighter domestic supplies. The Government will conduct a tender next week for its rice stocks of 709,730 tons from MY2011/12 main-crop Paddy Pledging Program. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined about one percent due to a lack of new purchases of white rice and parboiled rice. The Government is considering rice stock releases through open tenders for August – December 2012. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices for most grades of rice did not change significantly. The Government is considering overhauling the criteria for the Paddy Pledging Program to limit the amount of paddy that can be pledged as the current program is reportedly biased against large farmers. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices declined one percent from the previous week due to a lack of enquiries from foreign buyers. Thai rice prices remained far above Vietnamese and Indian rice due to the aggressive Paddy Pledging Program. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices continued to decline 1.0 percent due to a lack of new enquiries. The Government is considering overhauling the guidelines for the release 1.0 million tons of rice in the second half of the year. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices declined 1-3 percent due to a lack of new enquiries. The Government cancelled the tender for white rice and fragrant rice last week. Meanwhile, the Government is in process of finalizing a new tender. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined around 1.0 percent due to a lack of new enquiries and the weakening Thai baht. Meanwhile, the government tender last week will likely be cancelled as the bidding offers were 5-10 percent below the market prices. The retender is expected early next month. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices further declined slightly 0-1 percent in anticipation of an intervention stock release. The Government will conduct a tender on June 19-21 for 229,804 tons of 100% B grade fragrant rice and 20,733 tons of 5% grade white rice. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices declined approximately 1.0 percent due to lack of new enquiries. The Government is considering the release of intervention stocks which have accumulated to 11.7 million tons. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined approximately 1.0 percent due to the weakening of the Thai baht and lack of enquiries for white rice and parboiled rice. The total weekly pledging continued to decline to 0.5 million tons. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices increased 1-3 percent as some foreign buyers are still sourcing Thai parboiled rice for Nigeria. Thai exportable rice supplies remain tight as the aggressive Paddy Pledging Program increased total intervention stocks to 11.2 million tons. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices of white rice increased 2-4 percent due to tighter exportable supplies caused by the aggressive intervention program. The government intervention stocks increased to 10.8 million tons milled equivalent as total weekly pledging doubled to 0.9 million tons of paddy. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices were offered 3-5 percent higher as foreign buyers are placing new orders for parboiled rice to Nigeria amid tight exportable supplies caused by the government intervention program. The Government is holding total intervention stocks of around 10.1 million tons milled equivalent. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Trading activities are quiet this week. Exportable supplies remain tight due to the aggressive government intervention program. The Government still does not have any plan for intervention stock release. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices increased 2-3 percent from the previous week due to new enquiries for white rice amid tighter exportable supplies caused by the aggressive government intervention program. There are new enquiries for white rice from some African countries that have experienced the shipment delays for Vietnamese and Indian rice. However, most orders will be small-volume contracts. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices increased approximately 1.0 percent due to tighter exportable supplies caused by the aggressive intervention program. As of April 15, the current off-season Paddy Pleading Program has absorbed 3.5 million tons of paddy (2.3 million tons milled equivalent), up 30 percent from the previous week’s total of 2.7 million tons. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Trading activities are quiet this week due to the Thai New Year holidays. Exporters expect that the Thai rice export pace will likely drop to 0.4 million tons by May after the shipments of parboiled rice to Nigeria are fulfilled. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices declined 1-2 percent as new enquiries for parboiled rice dried up and the outstanding contracts with Nigeria will likely be fulfilled in the next couple of weeks. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices remained unchanged from the previous week, except for parboiled rice prices which continued to increase around 1.0 percent as exporters are sourcing parboiled rice to fulfill their outstanding contracts with Nigeria. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices for most grades of rice remained unchanged, except for parboiled rice which increased approximately 1.0 percent due to tight domestic supplies of paddy for its production. The off-season Paddy Pledging Program has absorbed nearly 1.0 million tons of paddy. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices increased 1-3 percent due to tight domestic supply of paddy for parboiled rice production following the implementation of the off-season rice Paddy Pledging Program. Meanwhile, rice exporters are fulfilling their outstanding contracts of parboiled rice to Nigeria. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices for most grades of white rice remain unchanged, except for parboiled rice prices which increased around 2.0 percent as exporters are fulfilling their outstanding contracts of parboiled rice to Nigeria. The MY2011/12 main-crop Paddy Pledging Program absorbed a total of 6.8 million tons of paddy. The Sub-committee on Intervention Stock Release approved a plan to release a portion of its MY2011/12 intervention stocks of fragrant rice. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices were offered $5-10/MT higher due to the strengthening Thai baht. Meanwhile, domestic prices remain steady due to a lack of new contracts for new-crop white rice. Thai rice exports during March – June will be dominated by parboiled rice. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices increased approximately 1.0 percent due to concerns over the continued strengthening of the Thai baht. In addition, foreign buyers are purchasing Thai parboiled rice for deliveries to Nigeria within June 2012 to avoid a higher applied import tariff rate as the shipments of Indian parboiled rice are facing logistical difficulties. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices increased approximately 1.0 percent due to concerns over the strengthening of the Thai baht and the temporary purchases of parboiled rice from African buyers. The National Rice Policy Committee has finalized the off-season crop Paddy Pledging Program and will keep intervention prices unchanged at 15,000 baht/MT ($492/MT) which is around 45 percent above the current market prices. However, the amount of rice that can be pledged will be limited to a value of 500,000 baht/farm household ($17,000) or 33.3 MT/household. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices increased 1-2 percent due to the strengthening of the Thai baht to 30.7 baht/$, compared to 31.0 baht/$ in the previous week. Meanwhile, the Government is conducting a tender this week to release 38,495 tons of broken rice from the current MY2011/12 Paddy Pledging Program. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices further declined 2-4 percent from the previous week due to lack of enquiries. Millers are alarmed over the sluggish foreign demand as they are holding large stocks of parboiled and white rice. Presently, the difference between Thai rice prices and Indian and Vietnamese rice prices has gradually narrowed to around $80/MT. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices further declined 2-3 percent from the previous week due to a lack of enquiries. Thai rice exporters expect a reduction in Thai rice exports to 7.0 million tons in 2012 as the Paddy Pledging program makes Thai rice price uncompetitive. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices declined 2-4 percent due to a lack of new enquiries. In addition, the Government is fulfilling its old government-to-government contract with the Indonesian Government through a private exporter, an action that has created controversy with exporters due to the lack of transparency. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices declined significantly by 2-7 percent due to lack of new enquiries and the weakening of the Thai baht to 31.1 baht/$. The cultivation of off-season rice crop has begun with anticipated bumper production of 10.0 million tons of paddy. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined 1-2 percent from the previous week due to the weakening of the Thai Baht to 31.10 baht/$. In addition, the Government is considering releasing 90,000 tons of old-crop white rice intervention stocks in the next couple of weeks. These stocks were supposedly affected by the flooding. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined slightly by 0.2 percent due to the weakening of the Thai baht to 30.8 baht/$ and the lack of new enquiries. Meanwhile, the Government’s Paddy Pledging Program began aggressively pledging rice due to an increase in numbers of rice mills participating in the program and an additional window for on-farm storage. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices are mixed. Prices of most grades of white rice are stable. Meanwhile, fragrant rice prices declined by approximately 1.0 percent as supplies of new-crop fragrant rice are coming into the market as the harvest in the Northeastern Region commenced. However, the Paddy Pledging Program is off to a slow start in this region as the government and the millers are in discussions in order to settle some pending issues. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices of white rice increased 2-4 percent due to tight supplies of broken rice. The shortage reflects the logistical difficulties that are being encountered as floodwaters have blocked highways and many of the local transportation networks in the Central Plain and Bangkok. Meanwhile, exporters have no concerns on the government’s press release of the possible production losses from the flooding. Post estimates a net production loss of 2.0 million tons of paddy as around half of the flooded areas in the lower Northern Region have been replanted. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
MY2011/12 main-crop production is revised down to 21.6 million tons of paddy, down 2.7 percent from the previous year, due to higher-than-expected production loss of 1-2 million tons from extensive flooding. However, anticipated bumper off-season crop will likely offset the flooding damage. Consequently, total MY2011/12 rice production is expected to remain higher than the previous year by 1.3 percent. Meanwhile, the Paddy Pledging Program will likely absorb approximately half of the main-crop production due to attractive intervention prices. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices increased slightly by 0.2 - 0.4 percent due to higher local transportation costs caused by the flooding. However, trading activities remained quiet due to logistical difficulties and lack of enquiries. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices increased 1-3 percent due to the concern over current flooding and tighter domestic supplies driven by the aggressive Paddy Pledging Program. Current flooding has not affected exporters’ processing facilities and warehouses. However, it has caused logistical difficulties. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices declined 2-4 percent from the previous week due to lacks of new enquiries from foreign buyers. The Thai Government and private rice exporters are losing their export ability, due to the aggressive Paddy Pledging Program which will be in place this week. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices for white rice increased 3 – 6 percent driven by speculative activities despite the weakening of the Thai baht from 30.2 baht/$ to 30.8 baht/$ and the lack of enquiries from foreign buyers. Also, the government is considering extending the new Paddy Pledging Program from the end of February 2012 to the end of March 2012. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices for white rice and parboiled rice decline 2-3 percent due to the weakening of the Thai baht and an influx of domestic supplies of MY2010/11 off-season white rice paddy. On Tuesday September 13, 2011, the Cabinet approved 435,547 million baht ($14.5 billion) of credit for the Paddy Pledging Program to cover all MY2011/12 main-crop paddy production. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices for white and parboiled rice declined 2-3 percent due to an increase in domestic supplies as farmers in the central plain are aggressively harvesting their off-season crop to avoid flood damage. Also, some millers in the lower north and central plain have released portion of their paddy stocks. In addition, shipments of parboiled rice to African countries have slowed down as most outstanding contracts have been fulfilled. Meanwhile, on Tuesday, September 13, 2011, the Thai National Rice Policy Committee submitted its Paddy Pledging Program for Cabinet approval. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices for white and parboiled rice increased 6-9 percent from the previous week due to tight exportable supplies. Millers continue to hold large supplies of current off-season-crop paddy so as to participate in Paddy Pledging Program which will begin on October 7, 2011, a month earlier than expected. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices for white and parboiled rice increased significantly between 6-8 percent as exporters continue facing difficulties in securing rice supplies to fulfill outstanding contracts. Millers continue holding large supplies of current off-season-crop paddy in expectation to participate in the Paddy Pledging Program. The policy is currently being discussed in Parliament and the program’s details should be finalized by end the week. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices increased 1-2 percent as exporters faced difficulties in securing rice supplies to fulfill outstanding contracts of parboiled rice. Millers are holding large supplies of current off-season-crop paddy to participate in the Paddy Pledging Program which has been categorized as an urgent policy under the new Cabinet. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices increased 2-4 percent due to tight domestic supplies of paddy for parboiled rice production to cover outstanding contracts and as new enquiries for parboiled rice streamed in from the African market. Meanwhile, millers are more confident to hold stocks of paddy now that the new government has been officially installed. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
MY2010/11 and MY2011/12 rice production is well on track due to favorable weather conditions. Rice exports will likely reach 10.0 million tons in 2011 despite an anticipated domestic policy shift to the Paddy Pledging Program. However, this policy shift will adversely affect the Thai rice export outlook in 2012. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices declined 1-2 percent due to lack of foreign enquiries as prices remain volatile. Exporters expect that prices will likely stabilize next week when the new Government is officially installed. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices increased 2-4 percent due to panicky domestic consumers and the strengthening of the Thai Baht to 29.65 baht/$, despite lack of foreign enquiries. Consumer panic ensued after packers signaled a possible rice shortage if the government does not allow retail prices to increase. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices declined 6 - 9 percent from the previous week due to lack of enquiries. The Government has yet to finalize the details of the new rice policy program that is slated to begin in November 2011. Millers, who speculated that the program would be implemented in July or August for the current MY2010/11 off-season crop, have been forced to sell a portion of their rice stocks due to liquidity concerns. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Trading activities have gradually resumed, as the new Government is being formed. The new Government will be led by the Pheu Thai Party, which campaigned on the promise to revert its rice policy to the Paddy Mortgage Scheme within the first 3-6 months of assuming control. Presently, domestic and export prices are being offered 8-10 percent higher than the pre-election’s levels which were being driven by the same speculative activities on the Government’s intended policy. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Most exporters hesitated to offer quotations except for some large exporters who are still holding large supplies of rice from the government’s stock release. Market activity will likely resume next week when the new government discloses its plans to revert to the Paddy Mortgage Scheme support program. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices increased significantly by 3-7 percent despite continued weakening Thai baht to 30.40 baht/$. This unusual price spike reflects aggressive speculative activities of millers/traders driven by political factors due to the upcoming election. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices increased by 3-4 percent driven by speculative activities by millers/traders. They are reportedly holding stocks on the basis that the new government will likely support the Paddy Mortgage Scheme at high intervention prices. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices increased 2-4 percent from the previous week due to rumors of large-volume enquiries from private importers in the Philippines. Thai rice millers speculate that exporters will have to secure their new-crop rice supplies if the deals are finalized. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices remain unchanged from the previous week due to a lack of trading activities. Foreign buyers are holding off on finalizing contracts as price competition remains strong between Thai and Vietnamese white rice. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices declined 1-2 percent due to lack of inquiries and the weakening of the Thai baht to 30.20 baht/$. Foreign buyers returned to Vietnamese white rice. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices remained unchanged from the previous week as the domestic market just resumed trading activities after a long holiday. Thai rice prices are still $5/MT below Vietnamese rice as large exporters are holding large supplies from the government’s stock release last year that they must export. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Despite stable domestic prices, export prices declined slightly by 1.0 percent due to the weakening of the Thai Baht to 30 baht/$. Also, foreign buyers are still holding off on finalizing white rice contracts due to strong competition among Thai and Vietnamese rice. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices were offered 1-2 percent higher due to enquiries on white rice from African countries who were unable to secure white rice supplies from Vietnam. Last week, quotations of Vietnamese rice were a record $15/MT higher than Thai white rice. ... [continue]
ource: USDA Foreign Agricultural Service.
Report Highlights:
Export prices of white rice declined by 1-2 percent despite continued strengthening of the Thai baht to 29.91/$. Some quotations of Thai white rice were $5/MT below Vietnamese rice due to tight supplies of Vietnamese rice, as the Vietnamese are in demand trying to fulfill their outstanding contracts. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices were offered 1-2 percent higher due to the strengthening of the Thai baht to 29.95 baht/$. Also, foreign buyers returned to make enquiries for Thai white rice as prices of Thai and Vietnamese white rice converged last week. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices of white rice increased slightly by 1-2 percent from the previous week due to the implementation of the government direct purchase program in order to stop the downward trend of domestic prices. Meanwhile, a government-to-government tender for parboiled rice shipment to Bangladesh was finalized with no impact on parboiled rice prices. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices of all grades of rice continued to decline by 1-4 percent from the previous week. Large supplies of Thai white rice from the government’s stock release and new MY2010/11 second-crop harvest have resulted in a robust price competition with Vietnamese rice. Thai rice prices will likely be volatile this week as the government conducted a tender on Monday, March 28, 2011 to fulfill a government-to-government contract with Bangladesh. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices of white rice continued to decline by 1-2 percent from the previous week due to lack of enquiries for large-volume contracts, except for fragrant rice. Thai rice exporters who are fulfilling outstanding white rice contracts of approximately 150,000 tons to Indonesia for delivery within March may not be able to deliver in time due to a tight vessel schedule. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices of most grades of rice continued to decline at the same 1 – 3 percent rate as last week due to fewer enquiries from foreign buyers. Meanwhile, the Cabinet approved on March 8, 2011 to raise the insurance prices for MY2010/11 second-crop by 5-10 percent, together with an increase in the eligible tonnage to 30 tons/farm household. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices of white rice and parboiled rice continued to decline at the same 1 – 3 percent rate as last week as new supplies of MY2010/11 off-season crop are coming into the market. Meanwhile, the National Rice Policy Committee agreed on Monday, March 7, 2011, to revise up the insurance prices of MY2010/11 off-season crop by 5-10 percent, together with an increase in the eligible tonnage to 30 tons/farm household. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices continued to decline by 2.0 – 3.0 percent from the previous week due to a slowdown in inquiries for white rice and parboiled rice. Most large-volume inquiries went to Vietnam as prices for the new-crop white rice are $40 below Thai prices. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices declined by 1-3 percent from the previous week due to an increase in exportable supplies and competition from Vietnamese rice. New quotations will likely be limited by competition from Vietnamese rice which is $50-60/MT cheaper. Exporters are more cautious in making new contracts with some of the Middle East countries due to the current political unrest there. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Despite upward price pressure in global grain markets this week, particularly for wheat due to drought concerns in China, export prices of white rice increased slightly by 0.2-0.6 percent from the previous week due to promising supplies. The Thai government plans to release an additional 900,000 tons of intervention stocks for export. Current quotations of Vietnamese white rice are much lower than Thai rice due to a currency devaluation. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices increased 1-3 percent due to tight exportable supplies and strengthening of the Thai baht to 30.47 baht/$. Prices are unlikely to increase much more because exporters have already secured their allotments from the government stock release to cover contracted exports of white rice to African countries and Indonesia. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Despite an increase in domestic prices of white rice, export prices of most grades of rice declined by 1-2 percent due to the continued weakening of the Thai baht from 30.6 to 30.9 baht/$. The Indonesian government’s contract with Thai rice exporters for 820,000 tons of white rice for delivery within April 2011 is expected to have a negligible impact on domestic prices. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Despite stable domestic prices, export prices last week for most grades of rice declined slightly due to the Thai baht weakening to 30.6 baht/$. Most exporters remain conservative in their quotations this week as the exchange rate is volatile. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Despite continued weakening of the Thai baht to 30.4 baht/$, domestic and export prices of white rice increased by 1-3 percent as exporters are securing new-crop white rice supplies. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices declined by 1-3 percent due to intervention stock release and a weakening Thai baht to 30.1 baht/$. The government is releasing intervention stocks of 0.8 million tons at an average price of 12,600 baht/ton ($420/MT) which is 10-15 percent lower than current market prices. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices remain unchanged from the previous week as domestic and foreign markets have not fully resume trading activities due to New Year’s holiday. The cabinet will likely approve an intervention stock release for export of 0.8 million tons of old-crop white rice 5 % grade to the top three exporters later this month. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices declined by around 1.0 percent as the government resumed intervention stock releases. For the week the government preliminary approved the release of 0.8 million tons of 5% grade white rice. So far since July 2010, the government has released rice intervention stock of approximately 3.5 million tons (out of total stock of 5-6 million tons) through selective tenders for export only. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
MY2010/11 total rice production is revised down to 30.7 million tons (20.3 million tons milled equivalent), which remains slightly above the previous year’s production as flooding damage on main-crop production will likely be offset by anticipated increase in off-season crops production. Rice exports will likely increase to 8.8 million tons in 2010, up 3.0 percent from the previous year and higher than the government target of 8.5 million tons. The government still has outstanding intervention stocks of 2-3 million tons, of which 1-2 million tons are expected to be released early next year. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices declined slightly by 0.2 – 0.6 percent due to the weakening Thai baht and a slowdown of enquiries for white and parboiled rice. Iranian buyers, seeking large volumes of white rice, are reluctant to place orders as prices remain volatile. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices increased slightly by 0.2 - 0.4 percent due to the strengthening Thai baht. Also, Iran is reportedly making new purchases of premium white rice for delivery within this month. Thailand’s rice exports will likely be better than expected at 8.7 million tons in 2010. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Despite a continuing weakening of the Thai baht to 29.8 baht/$, domestic and export prices of white rice increased 5-7 percent from the previous week due to strong demand from Iran. In addition, Thai rice millers are still speculating that main-crop paddy production damage from flooding will be a significant 3.0 million tons of paddy despite the government’s estimate of 0.5 - 0.6 million tons of paddy. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Despite a slight weakening of the Thai baht to 29.6 baht/$, export prices increased 1.0 percent from the previous week, particularly for premium-grade white rice. As of November 5, the Office of Agricultural Economics estimated production loss from flooding at 500,000 tons of paddy (330,000 tons milled equivalent). Meanwhile, MY2010/11 off-season rice production is expected to increase to 9.2 million tons, up significantly from this year’s production levels of 8.2 million tons. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices increased by 3-5 percent as foreign buyers stepped up their enquiries of Thai white rice for export to African markets. Additionally, rice millers and traders are holding stocks speculating that MY2010/11 main-crop rice production will likely decline significantly in flooded areas. However, exporters expect prices will likely ease over the next few weeks once the damage due to floods is assessed. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices remained unchanged from the previous week. The government is expected to cancel a1.5 million ton stock release that was awarded to an export company that is unable to meet the bid’s requirements. Meanwhile, the damage from heavy-rain-triggered flooding in major rice growing areas is expected to be marginal. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices increased by 1-2 percent due to continued strengthening of the Thai baht to 29.7 baht/$. Also, foreign buyers and international brokers are reportedly making enquiries for Thai white rice to secure their white rice supplies due to the concern over uncertainty in Vietnamese rice exportable supplies. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices declined by 2-4 percent from the previous week due to an increase in exportable supplies. The government approved an additional stock release of 1.8 million tons last week. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices for most grades of rice remained unchanged from the previous week, except for parboiled rice prices which continued to increase. On September 22, Japan resumed its rice import tender to meet WTO minimum access commitments by allocating 12,000 tons of 100% B grade white rice to Thai rice exporters whose bidding prices were lower than market prices. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices increased by 2 - 3 percent due to tight domestic supplies of paddy for parboiled rice production. Also, foreign buyers and traders are making enquiries for white rice as the government has released approximately 2.7 million tons of intervention stock, and reportedly plans to release an additional 1-2 million tons. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices of white rice increased by 1 - 2 percent due to continued strengthening of the Thai baht and a shortage of broken white rice. Meanwhile, an additional government stock release of 1.4 million tons for export only is reportedly under negotiation. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices for most grades of rice increased by 1 - 2 percent due to the strengthening Thai baht. Some quotations used a rate below the current exchange rate due to the concern over a continued strengthening of the Thai baht. Also, African countries are making enquiries for Thai low-grade white rice. ... [continue]
Source: USDA Foreign Agricultural Service.
Thailand MY2010/11 Rice and Corn. [Sep 2, 2010]
Report Highlights:
Monsoon rains have normalized and have resulted in an improved outlook for MY2010/11 main-crop season of rice and corn. MY2010/11 main-crop rice production will likely remain slightly higher than the previous year. However, MY2010/11 off-season rice production is revised downward in anticipation of water shortages. MY2010/11 corn cultivation is well underway but production is expected to remain lower than the previous year due to acreage reduction. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices for most grades of white rice declined by 1.0 percent due to the government stock release. The Government has begun the release of intervention stocks, which will top 1.6 million tons for export during the remaining months of 2010. The stock release will help Thai rice exports attain 8.5 - 9.0 million tons in 2010. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices increased by 2-6 percent as exporters are fulfilling the shipments of parboiled rice to African countries. Also, some foreign buyers and traders have begun to make enquiries for white rice after the Government announced last week that it was finalizing stock release of approximately 1.0 million tons through a selective tender to some of the large exporters who have orders in hand. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices increased by 1-5 percent due to enquiries from African countries. They are making new purchases for parboiled rice for their year-end domestic demand. Meanwhile, foreign traders, who seek large volumes of rice, reportedly hesitated to place orders on white rice as they are still waiting for the details of the government stock release. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices increased slightly by 1.0 percent due to enquiries from African countries. Meanwhile, foreign traders, mostly those who seek large volumes of rice, are waiting for the Thai government to release details on the rice stock release. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Despite downward pressure on domestic prices due to the government’s stock release plan, export prices remained stable as the Thai Baht strengthened against the US dollar. The Government has announced that it will release between 2.5- 3.0 million tons during the remainder of the year, details on the implementation of the release are yet to be made public. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Despite a continued reduction in domestic prices of white rice by 3-5 percent, export prices declined by 1.0 percent. The state-run Public Warehouse Organization (PWO) announced on July 15, 2010 it will exchange 215,000 tons of 5% grade white rice from the MY2007/08 off-season crop intervention stock with current-crop rice for domestic market. Meanwhile, foreign demand remained quiet. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices declined by 1-3 percent due to quiet foreign demand for both white rice and parboiled rice. Also, the Government is moving forward with its plan to release a portion of the intervention stock before the new main crop harvest begins. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export and domestic prices increased by 2-4 percent for fragrant rice and broken white rice due to tight exportable supplies. Meanwhile, parboiled rice prices declined by 1.0 percent due to a slowdown in orders from African countries. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export and domestic prices increased significantly by 2-5 percent as exporters are securing parboiled rice to fulfill their outstanding shipments to African countries. Also, domestic supplies of paddy are reportedly tight. Ministry of Agriculture and Cooperatives’ estimated drought damage area is at 182,000 rai (29,120 hectares), accounting for approximately 2 percent of the off-season crop. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export and domestic prices increased by 1-2 percent due to tight domestic supplies of paddy as the harvest of the off-season crop comes to an end. Meanwhile, enquiries for white rice remain quiet as foreign buyers wait for details on the government’s stock release plan. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices increased insignificantly by 0.1-0.5 percent due to the strengthening Thai baht. However, this is of no concern to exporters as the effects are being offset by the downward pressure on domestic prices responding to the government’s plan to release stocks. Weekly benchmark prices for white rice for June 14-20 increased slightly and have converged with market prices. ... [continue]
Source: USDA Foreign Agricultural Service.
Thailand - Price Insurance Scheme Update. [Jun 4, 2010]
Report Highlights:
A recent survey found high standing for the implementation of the Price Insurance Scheme over the Price Mortgage Scheme. The Government plans to continue the Price Insurance Scheme for MY2010/2011 crops. However the program is facing challenges computing benchmark prices. The benchmark price is used to determine the amount of compensation that farmers receive when market prices fall short of insurance price levels. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined significantly by 2-5 percent as millers released their speculative stocks due to liquidity concerns. Meanwhile, foreign demand for Thai rice remained quiet as most enquiries focused on Vietnamese rice. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices declined slightly by 1-2 percent due to quiet foreign demand and a weakening Thai Baht. Farmers selling their supplies in this period will gain from the price insurance scheme as market prices are above the benchmark prices. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices continued to decline slightly by 1-2 percent due to quiet foreign demand. The weekly benchmark prices for May 10-16 increased by 4.0 percent from the previous week; as such farmers will receive lower compensation. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices declined slightly by 1.0 percent from the previous week due to quiet foreign demand. The weekly benchmark prices for May 3-9 increased slightly from the previous week by 1 percent. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices were offered $10-15/MT lower, speculation abounds that prices are bottoming-out due to the government’s modification of its direct purchase program. However, exporters are not swayed by this event, expecting the impact to be temporary, if any at all, due to the current political climate. The weekly benchmark prices for April 26 – May 2 dropped significantly by 21.0 percent. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Rice export market resumed trading $15-20/MT lower from the last quotations of two weeks ago, in addition domestic prices declined significantly by 10 percent as few enquiries were sought from foreign buyers. The weekly benchmark prices for April 19-25 were slightly higher than for the previous week; however the benchmark remains higher than market prices. Farmers who sell in this period will not attain insurance price levels, as compensation falls short to bridge this gap. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices declined slightly by 1.0 percent as the government direct purchase program has not been fully implemented to mitigate the downward pressure of new supplies. Meanwhile, some quotations remained unchanged due to concerns over the exchange rate. The weekly benchmark prices for March 29 – April 4 were higher than the previous week’s and remain higher than market prices. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
MY2010/11 rice production is forecast to increase slightly in anticipation of a larger cultivated area and average yield. The bigger rice crops for MY2009/10 and MY2010/11 will enable annual export potential to reach 9.0 – 10.0 million tons. Meanwhile, anticipated reduction in corn production and strong domestic feed demand will limit Thailand’s exportable supplies. Wheat import demand will continue to grow in anticipation of an upward trend in consumption of wheat based products due to the economic recovery and reduced prices. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices increased by 1-3 percent due to the strengthening Thai baht to 32.15 baht/$. In addition, domestic prices will likely bottom out as the Government is aggressively implementing the direct purchase program to shore up domestic prices. The weekly benchmark prices for March 22-28 were 1 percent higher than the previous week. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices extended their decline by dropping $10-15/MT due to quiet foreign demand. As a result of volatile prices, the benchmark prices will be published on a weekly basis from a bi-weekly basis starting on March 15, 2010. This measure should ease farmers’ concerns regarding an adequate compensation mechanism, as the bi-weekly benchmark prices lag in capturing the market’s swift swings. ... [continue]
Source: USDA Foreign Agricultural Service.
Thailand: Dry Conditions Having Slight Impact on Off-season Rice. [Mar 18, 2010]
Report Highlights:
The first off-season rice crop has been only marginally affected by dry conditions. The current second off-season crop will likely be at risk as it is mostly irrigated and reservoirs are providing minimum supplies. Total MY2009/10 off-season rice production is reduced to 5.46 million tons, down less than 2.0 percent from the previous year. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined by 1-2 percent due to quiet foreign demand, as buyers are flocking to cheaper Vietnamese rice and concerns over high freight costs. The government implemented the direct purchase program which helped decelerate the reduction in domestic prices. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices continued their downward trend. However, the strengthening Thai baht and last week’s tender cancellation prevented further price declines. ... [continue]
Source: USDA Foreign Agricultural Service.
Thailand : Government Re-Issues Rice Tender. [Feb 23, 2010]
Report Highlights:
The Government re-issued a tender for rice stocks on February 22 for March – July delivery, despite controversy among politicians, millers, and farmers related to the impact on prices. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices were significantly lower in response to the Department of Foreign Trade’s retender of 501,849 tons of MY2007/08 – MY2008/06 intervention stocks for exports. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Markets are closed during the Lunar New Year. The Government plans to release 370,000 tons through a basis-bidding approach in Agricultural Future Exchange of Thailand at the end of the month. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices declined slightly by 1.0 percent and will likely remain stable throughout next week as businesses will likely be closed due to the Lunar New Year holidays. Registration rate for the price insurance scheme for the off-season crop has reached approximately 80-90 percent. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
The cultivation of off-season rice crop is well underway despite official warnings of low water levels in the major reservoirs. Average yield and production of MY2009/10 off-season crop will likely remain unchanged from the previous year, as cultivation area remains unchanged. Current development of El Nino phenomenon will likely affect the new MY2010/11 crop cultivation, as it tends to disrupt rain patterns. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined by 1-2 percent due to the weakening Thai baht. The January’s enquiries have yet to be concluded as the government’s stock release plan remains unclear. The bi-weekly benchmark prices for February 1-15 are lower than the previous period. ... [continue]
Source: USDA Foreign Agricultural Service.
Thailand : Status of Government Tender Unclear. [Jan 29, 2010]
Report Highlights:
On January 21, the Government issued a tender for 379,203 tons of old-crop intervention stock. This release is intended for export only. The Government has yet to award contracts. The next tender is expected in early February. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices continued declining by 1.0 percent due to quiet foreign demand and the weakening Thai baht. The Government has yet to accept bid prices from last week’s tender due to low offers, and is likely to renegotiate the price of white rice with exporters under the tender’s guidelines. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices of most grades of white rice declined slightly by 1 - 2 percent due to the government’s announcement that it will issue tenders on January 21, 2010 for the release of white and glutinous rice for exports. The bi-weekly benchmark prices for January 16-31, 2010 remained higher than insurance prices for most grades of rice. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Despite a reduction in domestic prices, export prices increased approximately 1.0 percent from the previous week due to a strengthening Thai baht to 33.0 baht/$. The Government has yet to release its rice stocks, however officials have been ordered to inspect the quality and quantity of outstanding stocks, a signal that a release is imminent. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices changed insignificantly except 25% grade white rice for which prices offered were $5-10/MT higher. Bi-weekly benchmark prices increased for January 1-15, 2010, resulting in no compensation for any rice grade. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Despite steady domestic prices at high levels, export prices declined slightly due to the Thai baht weakening to 33.2 baht/$. Thai rice exporters reportedly received some enquiries from foreign buyers who are normally customers of Vietnam. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices were offered $20-30/MT lower than the previous week as the export market is losing its momentum following a lesser-than-expected purchase from the latest Philippine tender on December 18. The bi-weekly benchmark prices continued to increase for December 15-31, resulting in no compensation for all grades of rice except for fragrant rice. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices continued to spiral upward, driven by speculative demand. The government intervention stock release plan remains uncertain. Current domestic prices are also volatile responding to the Philippine tenders. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export market prices remained volatile. Quotations were $10-30/MT higher following an unexpected run-up in prices from the Philippines’ aggressive tender. Domestic prices of white rice paddy surged surpassing insured prices. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export market volatility resulted in significant price increases. Export quotations saw prices swell to $20-30/MT. Exporters expect prices to cool down once the Philippines tenders are finalized later this month. Domestic prices of paddy trended upward hovering toward the insured prices. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices increased significantly in anticipation of the Philippines’ plan to tender an additional 600,000 tons of 25% grade white rice on December 1. This week domestic prices increased above benchmark prices for the first time since the implementation of the insurance program took effect on October 1. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
The government has implemented a new approach to agricultural support. A direct payment program based on price insurance is replacing indirect support for rice, corn and tapioca. Early indications are that farmers do not yet understand the program very well and lower-than-expected compensation could generate challenges for the new program. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices declined by 1-2 percent. Exporters were hesitant to conclude deals due to a volatile domestic market, as the government transitions from a conventional mortgage scheme policy to a price insurance scheme policy. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export price declined by 2-4 percent due to quiet foreign demand and anticipated supplies from the upcoming main-crop harvest. The Government’s plan to implement the price insurance scheme and to release intervention stocks next month remains uncertain. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Despite a steady decline in domestic prices, export prices increased slightly by $1-2/MT due to the strengthening Thai baht. Domestic prices remain under downward pressure in anticipation of increasing exportable supplies from the new MY2009/10 main-crop harvest and the government stock release next month. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices declined by 2-3 percent due to the government stock release and the slowdown in parboiled rice inquiries. The rice price insurance scheme will begin on October 1, 2009, replacing the mortgage scheme. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices increased significantly by 5-9 percent, particularly for white rice and parboiled rice due to limited domestic supplies of paddy following the extension of the mortgage scheme to the end of September. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices of white rice further declined by 1-2 percent as the Government continued to release intervention stocks, including 463,128 tons of 5% grade white rice and the retender of 100,107 tons of fragrant rice. ... [continue]
Source: USDA Foreign Agricultural Service.
Price insurance to replace mortgage scheme. [Aug 14, 2009]
Report Highlights:
In MY2009/10, the Government will revise its approach to the rice intervention program and replace its long-standing conventional mortgage scheme with a price insurance system. An insured price program is already in place for corn and tapioca. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices for white rice increased slightly as the government’s plan to release white rice paddy for parboiled rice production were canceled. Meanwhile, export prices for fragrant rice increased significantly due to better-than-expected bidding results. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices of white rice and parboiled rice declined 3-6 percent as the current MY2008/09 intervention program ended. Market prices will likely continue to trend downward in anticipation of the government stock release. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices declined by 3-5 percent as the Government will begin a series of stock releases next week. Despite a sharp contraction of domestic prices of white rice this week, prices of white rice will likely fluctuate as supplies of white rice paddy remain tight. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices continued to increase due to tighter exportable supplies. However, the current price increase will be temporary as the Government is expected to release intervention stocks early next month. The new intervention program for MY2009/10 main crop to begin in November 2009 will include both the regular mortgage scheme and new scheme based on Price Insurance. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices fluctuated due to limited exportable supplies and the strengthening Thai baht. Exporters urged the Government to retender intervention stocks due to strong enquiries for Thai rice, particularly parboiled rice. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices increased due to tight exportable supplies following the delay in the government stock release. The new tender or renegotiation of the suspended stock release of around 2.6 million tons is unlikely before the end of July. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices increased up to ten percent due to limited exportable supplies, particularly for parboiled rice. Exporters are facing unexpected supply difficulties as the government stock release decision is still being reviewed by the Cabinet. The stock release review has forced some exporters to source white rice from the domestic market. Any increases in current export prices are expected to be temporary as the government is releasing a portion of the contracts which have been paid to exporters last month (10-20 percent of total contracts of 2.6 million tons). ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
The MY 2008/09 second-crop rice intervention target has been increased to 6.0 million tons of paddy. By the end of July, outstanding intervention stocks will increase to 7-8 million tons (milled rice equivalent) if no old-crop intervention stocks are released. Justification for the increase remains controversial as the expansion may benefit millers who are reportedly sourcing additional paddy from neighboring countries. Meanwhile, the Government has adjusted second-crop production to over 8.0 million tons of paddy. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices continued to increase slightly due to tightening exportable supplies following the ongoing delay in the government stock release and the expansion of the current intervention program target. Last week, the National Rice Policy committee expanded the MY2008/09 intervention target to a record 6.0 million tons of paddy. The Government expects the current intervention program will reach 6.0 million tons by July 31. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices increased $30-$40/MT particularly for white rice, due to the delay in the government stock release and continued strengthening Thai baht. The Government may take until mid-June to release stocks as concerns over significant losses prompted the Cabinet to halt the release last week. Presently, the Government is holding outstanding intervention stocks of around 6.0 million tons. Meanwhile, the Cabinet plans to experiment with a pilot project on the new program with fragrant rice. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
The Thai Cabinet postponed the government rice stock release of 2.2 million tons due to concern over anticipated losses. Exporters expect the Government will eventually release the intervention stocks at higher bidding prices but still far below the original acquisition prices. The Cabinet’s increased concern for financial losses also caused the cancellation of corn and tapioca stock releases. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices increased by 1-2 percent due to the Thai baht strengthening to 34.2 baht/$ and recent uncertainty over the 2.0 million ton stock release. The Democrat Party voiced opposition to the stock release as it will force the Thai government to incur significant losses. However, exporters who have won the tender have urged the Government to release the stocks as some contracts have already been concluded. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices were mixed as the government stock release has not been finalized. Despite the controversy over anticipated losses from the tender, exporters expect the final result will come out next week. The stock release is expected to push white rice export prices below $500/MT. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices continued to decline due to the downward pressure from the government intervention stock tender last week. Meanwhile, foreign buyers are reportedly waiting for the final result of the tender expected this week. The decline of Thai domestic prices slowed following last week’s Cabinet approval to expand the current MY2008/09 second crop intervention target from 2.5 million tons to 4.0 million tons. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
The bidding prices for 5% grade white rice of MY2007/08 – MY2008/09 crop were 15-40 percent lower than current market prices. The final result is expected to be proposed to the Commerce Minister on May 12 with anticipated losses between $90 - $140/ton. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
On May 6, the Cabinet expanded the current MY2008/09 second-crop rice intervention program by 1.5 million tons valued at 18 billion baht ($517 million) due to concerns over declining domestic prices. Intervention prices remained unchanged at 10,800 – 12,000 baht/tons ($310 – $345/MT) which are 25-30 percent higher than current market prices. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices trended downward as the Government plans to tender 3.0 million tons of 2001/02 – 2008/09 intervention stocks on May 6. Bidding prices are expected below $500/MT, as exporters have to compete with Vietnamese rice. However, the decline of Thai domestic rice prices should slow as the Government will likely approve an expansion of the current MY2008/09 second crop intervention program from 2.5 million tons to 3.5 – 4.0 million tons in the May 6 Cabinet meeting. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices of white rice declined by 2-5 percent due to reduced foreign demand. Domestic prices of white rice declined considerably as new second-crop production is coming into the market. Export prices will remain flat or could decline this week and next week in anticipation of increasing second-crop harvest and quiet trading activities during the official long holiday (Apr. 13-15). Sales out of intervention stocks are occurring at prices 30-40 percent below acquisition prices paid a year ago. The old-crop intervention stock release (MY2007/08 second crops of around 1.5 million tons) could be proposed to the stock release committee under the National Rice Policy Committee. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices declined significantly by 3-9 percent as foreign demand remained quiet. Prices continue to decline as rumors are circulating that the government will release old-crop white rice intervention stocks in mid April. In addition, foreign buyers expect bearish rice prices for the next several weeks given the upcoming influx of Thai rice supplies and the anticipated removal of India's rice export ban. ... [continue]
Source: USDA Foreign Agricultural Service.
Thailand : Grain and feed annual 2009. [Mar 16, 2009]
Report Highlights:
MY2009/10 rice production is forecast to increase following increased access to irrigation. Meanwhile, government intervention stocks should reach 8-9 million tons by the end of July 2009 due to an aggressive intervention program which has set program prices higher than world market prices. Anticipated government intervention stock releases should boost MY2008/09 and MY2009/10 Thai rice exports to 9.0 - 10.0 million tons despite strong competition from Vietnam and India. Corn production is also expected to increase with more exportable supplies in MY 2009/10. Meanwhile, MY2009/10 wheat consumption is expected to remain flat due to a slowdown in the Thai economy. However, MY 2009/10 wheat imports are forecast to increase slightly due to low beginning stocks and attractive world market prices. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Despite a 2-3 percent reduction in domestic prices, export prices were offered 2-4 percent higher, particularly for low-grade white rice, due to the strengthening Thai baht to 35 baht. Exporters expect fewer enquiries this week, particularly for white rice. Domestic prices should also feel downward pressure from the current MY2008/09 second-crop intervention which will absorb a maximum of 2.5 million tons of paddy. Anticipated second crop harvest is expected to reach 6-8 million tons of paddy. Because of the limited second-crop intervention program, there is some speculation that the Government will be forced to increase the target to 4.5 million tons to stabilize domestic prices from dramatically increased supplies. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
High Thai rice prices kept the domestic and export market quiet this past week with few enquiries from foreign buyers. The majority of current shipments come from white rice released from intervention stocks last November. The National Rice Policy Committee will set the intervention prices in the meeting this week and the program will target 2.5 million tons of paddy. Exporters are doubtful there will be another intervention stock release until in May as demand is weak. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Despite an increase in domestic prices by 3-10 percent, export prices of white rice remained flat as the Thai baht weakened to 36.0 baht/$ from 35.5 baht/$ in the previous week. Thai rice prices will likely remain high as the government intervention program for the MY2008/09 second crop will begin on March 16, 2009 and is expected to keep the intervention prices 20-30 percent higher than market prices. Rumors of Thai-Vietnamese cooperation on rice are expected to be limited to information and technology exchanges. The next meeting on bilateral rice cooperation will be in Vietnam later this month and will attempt to develop a memorandum of understanding (MOU) for signature by mid 2009. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
An effort is underway to pursue rice price cooperation with Vietnam and is expected to be rolled out at the upcoming 14th ASEAN Summit. Similar efforts in the name of stabilizing rice prices over the last decade have been ineffective. Present concern about price instability more likely reflects market distortion from an aggressive government intervention policy. Rice export prices will likely remain under pressure despite efforts on rice price cooperation. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices increased despite the Thai baht weakening to 35.5 baht. Export prices of Thai white rice are expected to increase over the next couple of months as Vietnam has implemented a rice export ban through June. However, traders do not expect rice prices to rise significantly as there are no indicators of panic among foreign buyers and there is a high level of awareness of Thai rice stocks. The MY2008/09 intervention program will finish on February 28 with an expected 6.0 million ton of paddy, which is below the original target of 8.0 million tons. Increased domestic prices since January and aggressive shipments of parboiled rice exports to African countries shifted rice from entering the program and into other markets. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices continued the downward trend due to quiet foreign demand. There are rumors that the Thai government will release old-crop intervention stock of around 1.6 million tons next week. However, exporters remain doubtful of this rumor due to the current lack of inquiries for Thai white rice. Additionally, the Government will discuss the MY2008/09 second crop intervention program during this week's meeting of the National Rice Policy Committee. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices declined slightly as most shipments of parboiled rice to African countries have been fulfilled. Demand for Thai rice has slowed as buyers expect world prices to decline once India removes its export ban on non-basmati in the coming months. As a result, intervention prices will likely remain more attractive through the end of February. ... [continue]
Source: USDA Foreign Agricultural Service.
Thailand : Rice update; Cold affects yield. [Feb 6, 2009]
Report Highlights:
MY 2008/09 rice production is expected to decrease slightly from estimates made in September due to sustained and unusually cold weather in the past month. Most of the affected areas were in the north where average yields of off-season crops will likely drop to 4.1 tons/hectare, as compared to 4.3 tons/hectare last year. Thai Government is concerned about the upcoming summer crop as water levels for irrigation are lower due to lower rain. Thai white rice exports are expected to drop significantly in the first half of 2009 as new Vietnamese rice reaches the market. Parboiled rice exports, which are currently strong, are expected to slow in the second quarter due to increased competition from Indian non-basmati rice. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices increased due to tight domestic supplies. Farm-gate prices of white rice paddy have climbed to intervention prices (12,000 baht/ton ($346/MT)) as millers aggressively secure paddy to fulfill parboiled rice export contracts. Although Vietnam white rice export prices remain far below Thai, Vietnam lacks the technical capacity to export significant quantities of parboiled rice. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices were mixed this week as several traders and exporters remain closed for Chinese New Year until the middle of this week. Export prices of white and parboiled rice will likely be under downward pressure by the end of the first quarter when new-crop Vietnamese and Indian rice will reach the market. The current intervention program will likely absorb only 5-6 million tons, as compared to the previous target of 8 million tons as current program prices are growing less attractive while world and domestic market prices increase. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export rice prices continued to rise from last week, increasing $15-$25/MT. The ongoing investigation into the second portion of last November's tender has squeezed exporter's ability to release supplies and has kept the movement of rice focused on parboiled shipments to African countries. As intervention prices remain higher than the world market, traders speculate that increased smuggling is occurring from Burma and Cambodia where rice can be sold in Thailand at relatively higher prices. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices continued to increase by 5-10 percent due to tight exportable supplies. The continued increase reflects the ongoing investigation of the second government stock release made last November. Farm-gate prices for white rice paddy are reportedly increasing and are edging closer to current intervention prices. Exporters will likely remain cautious in their quotations over the next couple of weeks while domestic prices are bullish. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices were offered 2-5 higher percent due to tight exportable supplies due to the ongoing intervention program channeling rice to government stocks and a flurry of new inquiries after the new year. A portion of the ongoing government stock sales of 2.6 million tons, made last November, will likely be on hold as the new Government has issued an investigation regarding the transparency of the second portion of the tender, which occurred on November 28, 2008. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices of premium white rice increased slightly despite the weakening Thai baht. Many exporters did not provide quotations this week as their domestic suppliers, including millers, have closed for the long new-year holiday this week. Trading activities will resume next week with domestic and export prices expected to open higher in anticipation of limited exportable supplies of new-crop white and fragrant rice. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices increased by 3-5 percent as exporters are beginning to source new crop rice to fulfill shipments of white rice to Japan as well as outstanding contracts of parboiled rice to Middle Eastern and African countries. On December 22, the newly formed Cabinet was approved by the King. Traders anticipate the new Minister of Commerce will not immediately change current policies regarding the rice intervention program. Thus far, the Government has absorbed 2.2 million tons of paddy under the current main-crop intervention program and expects to absorb up to the targeted 8.0 million tons by the end of February 2009. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Enquiries for new-crop white rice (2008/29) were quiet as foreign buyers continue buying old-crop white rice from recent government intervention stock releases. The high-priced intervention program for MY2008/09 main crop will likely continue until the start of the second crop despite the recent election of a new Prime Minister and the impending new cabinet which will be formed next week. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices continued to decline by 3-6 percent due to increasing exportable supplies from the government intervention stock release. Twice during the month of November (5th and 28th), the Government released 2.6 million tons of intervention stocks through two tenders totaling 3.0 million tons of old-crop intervention stocks. It is expected to take a few months for old-crop intervention rice stocks to deplete before enquiries will return for new-crop Thai white rice, where export prices of premium white rice remain above $500/MT. ... [continue]
Source: USDA Foreign Agricultural Service.
Thailand Intervention Rice Retender Results. [Dec 4, 2008]
Report Highlights:
The Government decided to release 1.0 million tons of white rice from the recent retender (Nov. 28). The decision was made shortly before the Commerce Minister was removed from the Government by the Constitution Court on December 2. Bidding prices were lower than market prices by more than 30 percent. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined by 2-3 percent due to the government stock release and the weakening Thai baht. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
On November 28, 2008 the Government will retender the unsold stocks of 1.4 million tons from the last November 5th tender of 3.0 million tons as the bidding prices were too low. Of the total new tender, 1.2 million tons are white rice for export and 0.2 million tons are fragrant rice and Pathumthani fragrant rice for domestic or export market. Most white rice is 2007/08 second-crop stocks which were absorbed at record intervention prices of 14,000 baht/ton of paddy ($400/MT). ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices were under downward pressure as the Government aggressively released intervention stocks. The Government will retender the balance of the unsold intervention stocks of 1.4 million tons on November 28. The MY2008/29 intervention program slowly absorbed the paddy due to the delay in the payment. In addition, foreign demand for Thai rice is quiet as the prices remain over $100/MT higher than Vietnamese rice. ... [continue]
Source: USDA Foreign Agricultural Service.
Thailand : Rice harvest delayed due to rain. [Nov 14, 2008]
Report Highlights:
The MY2008/09 main-crop fragrant rice paddy harvest is being delayed due to unseasonal rain and flooding. Damage due to flooding is expected to be marginal as water has receded quickly. MY2008/09 fragrant rice paddy production will likely remain 3-5 percent higher than last year and reach to 5.3 million tons. In severely flooded areas (1-2 percent of major growing area) head yield is estimated to decline by 15-20 percent. Current farm-gate prices of fragrant rice are 25-30 percent lower than intervention prices which will result in smaller exportable supplies of fragrant over the next couple of months. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices increased by nearly 5 percent after a considerable slide since July 2008 due significant flooding during the current harvest period. Flooding is expected to affect head yields of fragrant rice, lowering production in some provinces, particularly for early harvested paddy. The November 5th tender for 3.0 million tons of government rice stocks has generated greater than expected participation. The results should be announced within 30 days. However, the Government is expected to be able to release only a portion of the tender, particularly old-crop stocks, as government bench mark prices for this year's intervention stocks remain nearly double current market prices.
... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
MY 2008/09 rice production is on track but prices continue to decline. Meanwhile, corn production is revised up in anticipation of better-than-expected crop harvest. Despite the ongoing global economic slowdown, domestic demand for feed grain remains strong, particularly in the poultry sector. However, Thai corn export is losing its competitiveness to relatively cheaper Indian corn. The U.S. economic slowdown may lower Thai shrimp exports, which would soften demand for wheat flour as a shrimp feed ingredient. However, wheat grain imports are expected to recover from the previous year as bakery and noodle consumption continues to rise. ... [continue]
Source: USDA Foreign Agricultural Service.
Domestic and export prices continued dropped by 5 percent as the Government announced an intervention stocks tender of around 3.0 million tons covering 2004/05 - 2006/07 main and second crops, including 2007/08 second crop. It is expected that only a few exporters will participate in the program as the tender requires delivery from the government warehouses within 180 days, as compared to 270 days in past tenders. The average bidding prices are expected to be lower than $500/MT, far below the government benchmark price the rice was purchased at of $640-$650/MT, FOB. ... [continue]
Source: USDA Foreign Agricultural Service.
Domestic and export prices dropped significantly by 8-9 percent in anticipation of government intervention stock release and weakening Thai baht. The details of the stock release will be finalized by the end of this week. Meanwhile, foreign buyers reportedly are limiting their purchases to small volume contracts as the prices trend downward. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
On October 21, the Cabinet reduced intervention prices for white rice and fragrant rice paddy under the MY 2008/09 main-crop rice program. Also, an old-crop intervention stock release is likely to occur next month, but the details are still under consideration. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices continued to decline by 1-2 percent from the previous week due mainly to limited foreign demand. The Cabinet is expected to approve the National Rice Policy Committee recommendation to revise MY2008/09 main-crop intervention prices down for white rice and fragrant rice paddy. The intervention price for sticky rice should remain unchanged. Meanwhile, the intervention stock release plan has not been finalized. However, exporters have proposed the Government release old-crop intervention stocks of 2.1 million tons in the near-term. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices declined sharply as anticipation continues to grow that existing excessive rice supplies will utterly be forced into a Government stock release to make room for the following new main-crop harvest. Total government intervention stocks will increase to 4.7 million tons, of which 2.1 million tons were old-crop intervention stocks. At the moment, an intervention stock release is reportedly unattractive to exporters as bidding benchmark prices are higher than current market prices. A stock release would become much more attractive under a Government-to-Government brokered deal at less than benchmark prices. ... [continue]
Source: USDA Foreign Agricultural Service.
National Rice Policy Committee Might Cut Rice Intervention Prices. [Oct 15, 2008]
Report Highlights:
Intervention prices for MY 2008/09 main-crop program might be cut to reflect the decline in market prices and lessen the attractiveness of the previous government's program. The current program is expected to be delayed to the beginning of November 2008. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices trended downward as higher accumulative Government rice stocks from the aggressive intervention program is fueling anticipation an imminent stock release. Also, most exporters are optimistic about current limited flood damage which has occurred as part of this year's monsoon season. Despite Thai rice being priced higher than Vietnamese, Thai rice exporters expect enquiries from the Latin American countries, like Chili and Peru, as Thai premium white rice prices are growing more competitive with U.S. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
The Office of Agricultural Economic estimates total flooded the current total flooded area totals 1.9 million rai (0.3 million hectares), most of which are rice growing areas. However, crop damage is reportedly marginal. As a result, the current crop outlook remains optimistic with anticipated higher MY 2008/09 rice and corn production. However, monsoon season developments need to be closely monitored as it will affect the rate at which flood water recedes. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Despite downward pressure on domestic prices, export prices for most grades of rice increased slightly from the previous week due to a stronger Thai baht. Meanwhile, official flooding damage estimates in the northern and central areas remain marginal. However, some exporters are currently raising prices for white rice due to the heavy flooding in the northern rice growing area of Thailand. Meanwhile, the Government continues to absorb paddy under its aggressive intervention program where stocks are expected to reach 5.1 million tons by the end of this month. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
MY 2007/08 rice production is revised upward to 19.3 million tons due to better than expected second-crop production driven by strong prices and resulting acreage expansion. Also, rice exports are expected to reach 10 million tons in 2008, but will likely level off in 2009 as Thai quotations will likely be limited by Thailand’s aggressive intervention program. ... [continue]
Source: USDA Foreign Agricultural Service.
New Intervention Program Announced, Current Program Expanded. [Sep 15, 2008]
Report Highlights:
On September 9, the Thai Cabinet approved the new intervention program for 2008/09 main crop, valued at over 100 billion baht ($2.9 billion), with intervention prices remaining unchanged for white rice, higher for fragrant rice paddy, and glutinous paddy will now be included in the new program, whereas glutinous rice was not included in the current program. The program will finish by February 2009 with a target of 8.0 million tons of paddy. Additionally, The Government approved an increase in the current second-crop intervention program from 2.5 million tons of paddy (TH8095) to 3.5 million tons. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Despite the weakening Thai baht, export and domestic prices continued to increase by 2-5 percent due to an aggressive government intervention program. Despite recent increases in Thai rice prices, lower cost supplies from Vietnam and India should put downward pressure on Thai prices. Additionally, on September 9, the Rice Policy Committee will propose the 2008/09 main-crop intervention program to the Cabinet, targeting 8.0 million tons of paddy. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export and domestic prices of premium white rice increased by 2-7 percent in response to aggressive shipments of parboiled rice. Also, the Government is expected to increase the current second-crop intervention program target from 2.5 million tons to 3.5 million tons of paddy in order to cover all paddy harvested until the end of the program on September 30. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices continued to decline due to limited foreign demand, except for parboiled rice. Current demand for parboiled rice export has kept white rice prices afloat as millers continue to secure white rice paddy for parboiled rice production. However, most outstanding shipments of parboiled rice are expected to be fulfilled within the next couple of weeks. ... [continue]
Source: USDA Foreign Agricultural Service.
Thailand : Crop update. [Aug 25, 2008]
Report Highlights:
Rice and corn production will likely be higher than expected due to acreage expansion and yield increases. Exports of corn and rice are revised up due to limited supplies among major competitors, particularly in the first half of the year. High intervention prices of off-season rice crops will result in higher Government stock, which could reach 3 million tons by the end of the year. ... [continue]
Source: USDA Foreign Agricultural Service.
Intervention stock release likely. [Aug 25, 2008]
Report Highlights:
The Government plans to release 2.1 million tons of old-crop intervention stocks for export next month. However, no decision has been made whether these will be government-to-government, or private sales. Meanwhile, the Government is expected to cushion the impact on farmers of downward pressure on domestic prices with a new intervention program for the wet-season crop to be harvested in November. Government intervention stocks will likely reach record 5 million tons of paddy by the beginning of next year if intervention prices for the new program are finalized at 15,000 baht/ton. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Premium white and parboiled rice prices fell seven to ten percent from last week as foreign buyers continue to source Vietnamese rice. India's anticipated resumption of non-basmati rice exports could increase downward pressure on Thai rice prices. Despite this, the Thai Government will likely release 2.1 million tons of old-crop intervention stocks for exports by next month. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
The Market remained quiet due to a long holiday weekend. However, export prices remained under downward pressure as buyers continue to focus on relatively cheaper Vietnamese rice. Despite this downward pressure, the Commerce Ministry is expected to propose the Government release all intervention stocks, including current second crop intervention program, for exports. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices are mixed. Domestic prices declined by 2-4 percent as supplies of new second-crop harvest in major growing areas (central plain) are coming into market. New orders for white rice are quiet, but shipments of parboiled rice exports to Nigeria remain strong. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export and domestic prices of white rice increased by around 3-7 percent as the government implements its intervention program. Supplies of newly-harvested second crops are currently limited in the market as most of the paddy is sold to the government intervention program due to attractive intervention prices at 14,000 baht/ton ($423/MT). ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export and domestic prices increased by 2-3 percent as the intervention program will be fully implemented this week. Intervention prices are approximately 30 percent higher than market prices. Meanwhile, export prices are under downward pressure as the Government is releasing old-crop intervention stock for export. Also, foreign buyers presently shift to relatively cheaper Vietnamese rice. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined slightly due to the weakening Thai baht and limited new enquiries. Despite Vietnam ’s imminent return to the market, exporters anticipate Thai rice prices will rebound from increased demand from the Middle East in the coming months. The Vietnamese Government announced it will remove the rice export ban in July, but set minimum export prices higher than current market prices. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export and domestic prices declined 3-8 percent from the previous week as new enquiries were quiet. The intervention program started last weekend in nine provinces with insignificant buying activities as many millers are still in the registration process for eventual participation in the program. Given high intervention prices, Thai export prices may not rebound for some time after Vietnam ’s return to the world market. ... [continue]
Source: USDA Foreign Agricultural Service.
Thailand : Cabinet Approval of Rice Mortgage Scheme 2008. [Jun 13, 2008]
Report Highlights:
On June 10, the Cabinet approved the government’s proposed mortgage scheme targeting 2.5 million tons of second-crop paddy and set intervention prices at 12,800 - 14,000 baht/ton ($388 - 424/MT) which are 20 percent higher than market prices. The anticipated removal of the Vietnamese rice export ban and lower relative prices could channel much of the current new second-crop harvest into the Thai Government’s intervention program. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices increased by 1-2 percent in response to the government proposal of a new second-crop intervention policy. Despite upward pressure on prices, future increases will likely be softened by next month’s expected relaxation of the Vietnamese rice export ban. ... [continue]
Source: USDA Foreign Agricultural Service.
Thailand : Rice Intervention Program Returns Amid High Market Prices 2008. [Jun 5, 2008]
Report Highlights:
On June 4, the Thai Government committed to start the second-crop mortgage program for a targeted 2.5 million tons of paddy. The proposed intervention price of 14,000 baht/ton ($430/MT) of white rice paddy (15 percent moisture content) is 20 percent higher than current market prices. If approved by the Cabinet on June 10 as expected, Thai farmers soon will likely be selling into government intervention instead of into the world market. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Quotations dropped by 10-15 percent this week, as foreign buyers are reportedly expecting relatively cheaper Vietnamese rice to come available next month. However, new purchases of premium white rice will hold at $800/MT, FOB, as exporters anticipate domestic prices to increase in the coming weeks. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices dropped significantly due to a slowdown in foreign buyers' demand. Most enquiries have not concluded as sales as quotations are considered to be too high. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices increased by 4-10 percent from the previous week due to last week's white rice sale of 200,000 tons to the Malaysian Government. Prices are expected to fluctuate in the following weeks due to uncertainty over the government's ability to replenish intervention stocks by sourcing paddy from the market at current intervention prices. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices are expected rebound over the weekend in response to a recent Thai rice sale to Malaysia . On May 13, the Malaysian Government purchased 200,000 tons of white rice from Thai traders. Immediate price fluctuations were seen in the domestic market only as Thai export price fluctuations have been softened by a recent depreciation of the Thai baht ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export white rice prices declined slightly by 1-5 percent from the previous week in response to the cancellation of the May 5 Philippines tender. In addition, on April 29, the Thai Government approved the release of intervention stocks for domestic consumption. The stock release is expected to have a minimal impact on domestic prices as the stocks will be gradually released over the course of the year. ... [continue]
Source: USDA Foreign Agricultural Service.
Thailand Cabinet Approves Government Rice Stock Release 2008. [May 6, 2008]
Report Highlights:
The Thai Government approved the release of rice intervention stocks for domestic sales at prices 20 percent lower than market prices to ease pressure on domestic prices. The stock release is expected to ease domestic prices of white rice as millers have recently offered to sell rice at prices 1,400 baht/ton ($48/MT) lower than previous weeks. Export prices are viewed to be leveling off as well. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices declined slightly and domestic prices stabilized as Thai rice exporters are not expected to participate in the May 5 Philippines tender. Despite reports that the Commerce Minister will propose a domestic stock release, skepticism remains as market forces appear to be alleviating pressure on prices. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices were offered higher in response to the April 17 Philippines tender. Some Thai exporters consider this tender a benchmark for current quotations with no near-term expectation that prices will decline. Recent discussions of releasing intervention stocks into the domestic market continue to be on hold. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices increased by around 20 percent as exportable supplies remain tight. This week the government decided not to release intervention stocks into the domestic market, and is expected to wait until the second-crop harvest is nearly complete by June or July. ... [continue]
Source: USDA Foreign Agricultural Service.
Thailand : Government to Sell Stocks into the Domestic Market. [Apr 2, 2008]
Concern about escalating domestic rice prices has prompted the Government to target a release of intervention stocks into the domestic market later this month. Export restrictions seem unlikely in the near term. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Fragrant rice prices rose above US$1,000/MT and white rice prices increased as well in anticipation of limited global exportable supplies and the Philippines tender scheduled for April 17. Rice quotations remain few and far between. Domestic prices will be under upward pressure throughout the month. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export and domestic prices continued to increase with export prices reaching $720/MT for premium white rice. However, rising prices are expected to slow down next week as trading continues to slow. Meanwhile, increases in domestic retail rice prices have the government considering releasing intervention stocks domestically to low income consumers. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Most exporters are refraining from quoting prices due to domestic price increases. Any buyer currently needing to source premium white rice will likely pay no less than $600/MT and up to over $620/MT for parboiled rice. The Government plans to release old-crop intervention stocks of 700,000 tons out of outstanding stock of around 2 million tons. However, this release is unlikely to occur in the next few weeks. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices surged due to the uncertainty of the Thai baht and tighter domestic supplies. As a result, many exporters have no quotations. Also, speculative stocks are estimated to reach 3-4 million tons of paddy. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export prices continued to increase due mainly to the strengthening Thai baht. Exporters are more willing to offer quotes as domestic prices have not been fluctuating as much as in previous weeks. The Government is closely monitoring speculation in the domestic rice market and is considering policy steps should there be an indication of domestic shortages. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices fluctuated this past week where domestic prices were unexpectedly offered lower than the previous week. However, prices rose by the end of the week driven by strong foreign demand. Traders expect prices for all grades of rice will normalize around mid-March, after the conclusion of the Philippines tenders. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
The market opened slowly after the long Chinese New Year holiday last week. Exporters remain cautious with their quotations due to domestic price increases. The Minister of Finance is currently seeking to remove capital control measures on the Thai baht, which could move rice prices higher later in the year. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Thai rice prices have reached a ten-year record high and are expected to continue increasing through the end of the month. Low government intervention stocks and low private stocks, an appreciating Thai baht, and price speculation among traders are contributing to the increase in domestic and export prices. However, new crop supplies will begin in March and government stocks released could be in late February. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Domestic and export prices continued to increase, reaching a new ten-year record high, and are expected to increase through next week. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export and domestic prices skyrocketed to over $400/MT for white rice and $700/MT for fragrant rice due to tighter exportable supplies driven by price speculation among traders and brokers. However, prices may ease when the Government releases intervention stocks next month. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Export and domestic prices increased by 3-5 percent due to tighter domestic supplies. Exporters are unlikely to commit to deals for large volume sales as they are facing difficulties in securing rice supplies. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
A strengthening Thai baht and speculative demand caused domestic and export prices to increase by 2-3 percent. Domestic supplies continue to tighten for low grade white and broken rice as feed mills are currently sourcing for feed production. ... [continue]
Source: USDA Foreign Agricultural Service.
Report Highlights:
Despite a drop in domestic prices, export prices changed insignificantly due to the concerns over the Thai baht fluctuation. ... [continue]
Source: USDA Foreign Agricultural Service.