NESDB indicates bright trend in Thai rice prices, exports in first 7 months increase in both volume and value

Published 2024년 9월 24일

Tridge summary

Ms. Thanyathitha Boonmanikul, Deputy Secretary-General of the Office of Agricultural Economics (OAE), Ministry of Agriculture and Cooperatives, reported a positive trend in Thai rice prices and exports for the year. Prices for jasmine and glutinous rice have increased, and rice exports have risen significantly in both volume and value. This trend is driven by higher demand from countries like Indonesia and the Philippines, and a weaker baht. The government has introduced measures to stabilize rice prices and support farmers, including loan projects, management cost support, and a rice insurance project to cover damages from natural disasters and epidemics.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Ms. Thanyathitha Boonmanikul, Deputy Secretary-General of the Office of Agricultural Economics (OAE), Ministry of Agriculture and Cooperatives, revealed the situation of Thai rice prices and exports this year that there is a good direction. The price of paddy rice that farmers can sell has continuously increased. Including the increase in rice exports, it was found that in the first 9 months (January-September 67), the price of jasmine rice was 14,813 baht per ton on average, up 4.09% from the same period last year. Pathum Thani 1 jasmine rice was 12,486 baht per ton on average, up 7.35%. Glutinous rice was 12,038 baht per ton on average, up 2.98%. And glutinous rice with 15% moisture was 10,908 baht per ton on average, up 3.87%. For rice exports in the 7 months (January-July) 67, there was an increase from the same period of 66 as well. Thailand exported 5.68 million tons of rice, worth 132,396 million baht, up 21.96% and 50.97% respectively from the same period of 66. When ...
Source: RYT9

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