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Export prices leveled off despite steady demand and the appreciation of the Thai baht against the U.S. dollar.
The Thai Excise Department approved the use of the APEC Model Wine Export Certificate for U.S. wine exports and the U.S. Alcohol and Tobacco Tax and Trade Bureau’s (TTB) Certificate of Sanitation for U.S. beer and distilled spirit exports to Thailand with specific attestation.
Export prices of all grades of rice increased 2-5 percent due to new inquiries and the strengthening of the Thai baht.
Export prices of some grades of white rice increased one percent due to new inquiries and the strengthening of the Thai baht.
Export prices of all grades of rice decreased 1-2 percent due to limited new inquiries and a further weakening of the Thai baht against the U.S. dollar.
Export prices of white and parboiled rice further decreased one percent due to weak export demand.
Beef consumption has increased in Thailand over the last few years, and local cattle production will not be able to meet the increase in demand.
Export prices of white and parboiled rice further decreased 4-5 percent.
The outbreak of COVID-19 has had a significant impact on the foodservice sector. Due to ongoing disruptions during the crisis, operators need to stay agile and adapt their business strategy in order to survive.
Export prices of all grades of rice decreased one percent due to a further weakening of the Thai baht against the U.S. dollar.
Export prices of all grades of rice decreased 2-3 percent due to a further weakening of the Thai baht against the U.S. dollar caused by increasing concerns of the current COVID-19 situation in Thailand.
Export prices of white and parboiled rice decreased 2-3 percent due to the further weakening of the Thai baht against the U.S. dollar.