BAAC Research Center points out that "pigs and cows" during September, the price trend is down in Thailand

Published 2021년 9월 2일

Tridge summary

The Bank for Agriculture and Agricultural Cooperatives (BAAC) has predicted an increase in the prices of Hom Mali paddy, raw rubber sheet, cassava, oil palm, and white shrimp vannamei, due to a decrease in supply and an increase in demand. However, paddy rice, long-grain glutinous rice, maize, raw sugar, and pigs are expected to see a decrease in prices, due to an increase in supply and a decrease in demand. The prices of beef cattle are also expected to decrease due to an increase in supply and a decrease in demand.

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

Original content

Mr. Somkiat Kimawaha, Deputy Manager of the Bank for Agriculture and Agricultural Cooperatives (BAAC), discussed the results of agricultural commodity price forecasts in September 2021 of the BAAC Innovation Research and Development Center. that the agricultural products that have a tendency to increase prices include Hom Mali paddy, priced at 10,075 - 10,465 baht / ton, increased by 1.42 - 5.35 percent from the previous month due to the period when the price of jasmine rice The highest movement was due to a decline in operators' grain stocks. Raw rubber sheet, 3rd floor, priced at 49.00 – 52.00 baht/kg., an increase of 0.31 – 6.45 percent from the previous month, supported by a decrease in the volume of domestic rubber entering the market. shortage of rubber tapping workers and heavy rainfall in the southern region, which is an important source of production In addition, the competitiveness of Thai exports increased due to the depreciation of the baht. and demand in trading ...

Source: Pasusart