Browse Data and Analysis

Export prices increased around 1 percent as upward pressure on domestic prices more than offset the weakening Thai baht.

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

Thailand’s 10-year Alternative Energy Development Plan (2012 – 2021) remains unchanged targeting the use of ethanol at 9 million liters/day and B100 at 7.2 million liters/day in 2021, respectively.

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.

As a result of dry weather conditions, crude palm oil (CPO) production for 2015 is estimated to decline by 10 percent to 1.8 million metric tons (MMT) from 2.0 MMT in 2014.

Export prices are steady as traders await a new public tender to be issued on July 6.

MY2015/16 rice production is revised down to 18 million metric tons, down 7 percent from MY2014/15 due to ongoing water supplies shortages in irrigated areas.