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Export prices increased one percent due mainly to the strengthening Thai baht. Prices remain under downward pressure despite government measures to keep new-crop rice off the market.

Export prices further declined one to two percent due to weak demand even though the first shipment under the government-to-government agreement with China is set to take place next week.

Export prices increased two to four percent due to new enquiries for parboiled rice amid tight supplies of white rice paddy for parboiled rice production.

Export prices further declined one to two percent due to the weakening Thai baht and low foreign demand.

Export prices further declined one to two percent due to a lack of new inquiries as traders are awaiting bumper supplies of new-crop rice to enter the market in November.

MY2016/17 sugar production is revised down to 9.3 million metric tons, a five percent reduction from MY2015/16 due to severe drought during growing stage of sugarcane crop.

MY2016/17 rice and corn production are revised up due to favorable weather conditions. Bumper rice production is expected in MY2016/17, as a result of an anticipated full recovery in the off-season...