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MY2023/24 rice and corn production forecasts remain unchanged. MY2023/24 wheat imports are revised up to 3.0 MMT.
Rice export prices decreased one percent despite the strengthening of the Thai baht.
Rice export prices increased 1-2 percent as exporters continued to secure rice supplies ahead of the Lunar New Year and Ramadan despite a further weakening of the Thai baht.
The Thai Food and Drug Administration (TFDA) recently clarified its requirements for copies of export certificates accompanying U.S.-origin imported foods, including fresh fruit and vegetables shipments, into Thailand.
Rice export prices increased 1-2 percent despite the weakening of the Thai baht.
Export rice prices grew one percent despite the weakening of the Thai baht, as exporters secured rice supplies to fulfill contracted shipments to ASEAN countries.
Export price quotations are not available this week due to the New Year’s holiday.
This guide serves as a resource for U.S. companies seeking to do business in Thailand and provides market overviews, practical tips and information on local business practices, consumer preferences, and trends.
Rice export prices increased 1- 4 percent mainly due to the strengthening of the Thai baht.
The Thai Food and Drug Administration (Thai FDA) has announced on its website the proposal to approve and add more plants or plant parts for use as a raw material for tea infusion products to the existing approved list under the Notification of the Ministry of Public Health No. 426 B.E. 2564 (2021) Re: Tea Infusion.
Rice export prices increased 1-2 percent due to the strong demand for Thai rice and the strengthening of the Thai baht.
The steady demand for Thai rice from ASEAN countries slightly boosted rice export prices and offset the weakening of the Thai baht.