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Export prices declined 1 to 2 percent due to a lack of new inquiries and the weakening of the Thai baht.
Export prices remain unchanged as a result of the lack of rice trading during the year-end holiday season.
Thailand has enacted several new regulations that restrict imports of feed and feed ingredients containing certain animal proteins.
White and parboiled rice export prices declined 1 percent from the previous week while fragrant rice prices increased by 1 to 2 percent.
Rice export prices did not change, except for fragrant rice prices which increased by 3 percent.
Thailand’s regulations restricting the cultivation of genetically engineered crops remain unchanged.
MY2017/18 cotton imports are expected to increase 3 to 4 percent as spinning mills used much of their cotton yarn inventory in MY2016/17.
Export prices increased 2 to 3 percent due to the strengthening Thai baht and strong export demand.
The forecast for MY2017/18 main crop rice production is revised down slightly due to higher than expected flooding damage to fragrant rice.
Export prices increased 2 to 6 percent due to strong demand for white and fragrant rice.
This report aims to clarify the “Shipping Mark” requirement under the new Thai Customs Act B.E. 2560 (2017)
Export prices declined 1 to 4 percent due to larger available supplies during the peak harvest, particularly for new crop white and fragrant rice.