Thailand: The prices of agricultural products in October, after loosening the lockdown

Published 2021년 10월 4일

Tridge summary

The BAAC Innovation Research and Development Center has forecasted an increase in the prices of several agricultural products in October 2021, following the government's easing of lockdown measures and a rise in COVID-19 vaccinations. These products include jasmine rice, raw sugar, cassava, palm oil, and white shrimp, mainly due to higher demand and production challenges. On the other hand, moist paddy, maize, raw rubber sheets, and pigs are expected to see a decrease in price, largely due to economic uncertainty in China and an increase in the supply of these products in the market.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

BAAC Research Center reports forecast results Agricultural prices in October 2021 after the government eased the lockdown. And there is an increase in the number of vaccinations against COVID-19. On October 4, 2021, the BAAC Innovation Research and Development Center points out the relaxation of lockdown measures. and the number of vaccinations against the COVID-19 virus in the country increasing causing people to start living outside the home including the needs of the world market As a result, the price of agricultural products in October 2021 is jasmine paddy. Raw sugar, cassava, oil palm, white shrimp, vannamei and beef cattle tend to increase in price. paddy side sticky paddy maize Raw rubber sheets and pigs are likely to decline in price. Mr. Somkiat Kimawaha, deputy manager of the Bank for Agriculture and Agricultural Cooperatives (BAAC) revealed that the BAAC Innovation Research and Development Center forecast agricultural product prices. In October 2021, agricultural ...

Source: Prachachat