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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.
Production of rice, corn, beans, and pulses is forecast to rise in MY 2014/15 and MY 2015/16, offering greater export opportunities.
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.
This week’s export prices declined 2-3 percent due mainly to further weakening of the Thai baht versus the U.S. dollars.
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.
The report is the pesticide maximum residue limit (MRL) legislation in Thailand. The list of banned pesticides is also updated as of April 30, 2015.
Larger MY2014/15 second off-season rice production will likely offset the impact of drought on the first off-season rice crop.
After rising for several weeks, rice prices declined to late March levels as supplies of offseason rice continue coming into the market.