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Rice export prices declined around 2 percent as supplies of new-crop white rice are entering the market.
Vietnam, Thailand, and Burma (Myanmar) are part of the fastest developing region in the world and account for roughly 221 million of Southeast Asia’s population.
This report contains information about Thailand’s food service industry.
Rice export prices remain unchanged as traders are waiting for MY2019/20 main crop white rice supplies which will enter the market in the next couple of weeks.
Rice export prices declined 1 to 3 percent due to the lack of new inquiries and less concerns about exchange rate volatility and the impact of dry spell and flooding....
Sugarcane production in MY2019/20 is forecast to decline by 6 percent from MY2018/19’s level, which will reduce sugar production to 13.5 MMT.
Rice export prices remain unchanged at high levels due to the concerns about current exchange rate volatility.