Prices have collapsed in recent weeks as demand for the commodity evaporated owing to lockdowns and travel restrictions imposed worldwide to fight the virus.
Thai Rice Export Expected to Drop to 7.5m tons this year
This year’s projection for rice exports remains close to the previous year at 7.5 million tons, the lowest in seven years since 2013 when Thailand exported 6.6 million tonnes of rice.
Thailand struggles to regain world’s largest rice exporter title
In Thailand, a strong baht, Asia’s best performing currency in 2019, has kept away potential buyers who find cheaper markets elsewhere, such as in Vietnam.
Palm oil price guaranteed at four baht per kilogram
Commerce Minister Jurin said the price guarantee measure is one of the measures to deal with low palm oil prices. Other measures, such as using biodiesel B10 to produce electricity and tackling palm oil smuggling, have to be implemented
According to latest Agriculture Ministry’s survey, Thai farmers earned more income this year, as the output of rice, para rubber, fruit and corn has substantially increased.
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
