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FAS Bangkok forecasts Thailand’s rice and corn production to increase in MY 2024/25 in response to improvement in average yield due to higher water supplies, compared to MY 2023/24.

Export prices rose 1-3 percent from the previous week as the Thai baht strengthened and exporters continued to secure the rice supplies to fulfill contract shipments.

Export prices of white and parboiled rice rose one percent from the previous week as exporters reportedly continued to secure the rice supplies to fulfill contract shipments.

Rice export prices dropped 1-3 percent from the previous week as the weakening of the Thai baht and the new crop MY 2024/25 paddy rice entered the market.

Rice export prices dropped one percent from the previous week despite the strengthening of the Thai baht.

Rice export prices dropped 1-5 percent from the previous week due to the weakening of the Thai baht and India’s removal of all export restrictions on non-Basmati white rice and on parboiled rice.

Rice export prices increased 2-8 percent from the previous week as exporters reportedly continued to secured rice supplies to fulfill contract shipments.

Rice export prices further dropped 3-4 percent from the previous week, except for fragrant rice prices.

Rice export prices, particularly white and parboiled rice, dropped 5-11 percent from the previous week due to competition from Indian rice and the weakening of the Thai baht.

Rice export prices further dropped 1-6 percent from the previous week in response to the removal of India’s rice export ban, despite the strengthening of the Thai baht.

Rice export prices further dropped 2-6 percent from the previous week despite a strengthening of the Thai baht to a 19-month high.

Rice export prices further dropped one percent from the previous week.