Thailand: Why the jasmine rice market at the beginning of the 2022/23 season is not bustling?

Mr. Charoen Laothammathat The president of the Thai Rice Exporters Association said that if we do not follow the market, we will gradually disappear. No one can beat the market Only the market will guide whether we deserve to be in this market or not. Today, our largest jasmine rice market is in Canada and the United States. At present, there are 10 brands entering the market, 6-7 of which are from Vietnam, which will continue to be squeezed out. The balance will continue to decline. Therefore, the mill in the northeast Prepare to do domestic market. If only thinking of growing old rice varieties “Today, 5% rice cannot be sold cheaply. Under the neck of India, we sell 400 -410 US dollars per tonne while India sells 360 US dollars per tonne. In Vietnam, soft rice sells for more than 430 USD per tonne. Like hard rice, it's more expensive than Thailand. but the market needs I asked where we were going to stand. glutinous rice Vietnam grows for export, selling about 480 US dollars per ...