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Thailand’s rice export expected at 9.5 mln tons in 2018

The 9.5 million tons of the Thai rice will bring some 4.7 billion U.S. dollars in export value thoughout 2018

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BANGKOK, Jan. 10 (Xinhua) — Thailand is expected to have some 9.5 million tons of rice for export this year, a senior government official said.

The 9.5 million tons of the Thai rice will bring some 4.7 billion U.S. dollars in export value thoughout 2018, according to acting Foreign Trade Department director general Adul Chotinisakorn.

That compared to last year’s 11.48 million tons of the Thai rice which secured 5.1 billion U.S. dollars in export value, the acting department chief said. However, Thailand has remained the world’s largest exporter of Hom Mali (fragrant jasmine) quality rice, he said.

The forecast drop in the export volume of the Thai rice would apparently result from unfavorable weather conditions and the government’s policy to cut down the overall producing volume for fear of oversupply to the world market.

Thailand to export 9.5 mln tons of rice in 2018 – Xinhua | English.news.cn

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Thailand’s rice exports hampered by strong baht

Thai rice exports are likely to stay below targets as the strong baht weakens competitiveness in the world market (Photo: Bangkok Post)

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Bangkok (VNA) – Thai rice exports are likely to stay below targets as the strong baht weakens
competitiveness in the world market.

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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

National News Bureau of Thailand

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BANGKOK, 8th August 2019 (NNT) – One of the government’s urgent policies is to help farmers by adopting a minimum income guarantee.

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Thai rice exporters cut target to 9 million tons

National News Bureau of Thailand

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BANGKOK, 25th July 2019 (NNT) – The problem of the baht’s appreciation by five percent since the beginning of the year has affected the export of Thai products especially the price of rice which is higher than that of the country’s rivals. In the first half of this year, Thailand exported 4.36 million tons of rice, down by 19 percent year-on-year.

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