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- (-) November 2017
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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.
Export prices remain unchanged. Exporters are securing rice supplies as main crop rice production is entering the market.
The Thai Ministry of Agriculture and Cooperatives released a new draft amendment of the Thai Plant Variety Protection Act to reconcile the Thai Plant Variety Protection Act....
Farmgate prices for rice and corn are under downward pressure as MY2017/18 supplies enter the market.