Thai rice exports will win the last curve of year 64, surpassing 6 million tons

Rice

Thailand

Published Oct 31, 2021

Tridge summary

Rice exporter Indicators of rice exports Oct. 64 is expected to be 700,000 tons after Africa, the Middle East and Asia markets have imported demand. Win the final export of the year 64, exceeding the target of 6 million tons on October 30, 2021, Mr. Charoen Laothammathat The president of the Thai Rice Exporters Association said the association expected that in October 2021 it would export about 700,000 tonnes of rice as key importing countries in Africa, the Middle East, and Asia continued to have demand for rice. To compensate for the decline in rice stocks and prepare for use during the festival at the end of this year. In addition, the price of rice in Thailand is still competitive. Therefore, exports of white rice and parboiled rice are expected to continue well. However, exports of jasmine rice are expected to slow down. Although the price has been reduced quite a bit. This was because some buyers waited to wait for the next month's seasonal rice yields to come on the market. Coupled with logistical problems, both container shortages and rising freight rates have not been resolved in a favorable way, making it difficult to deliver goods, the rice price situation in this period is relatively stable amid the currency crisis.

Original content

rice exporter Indicators of rice exports Oct. 64 is expected to be 700,000 tons after Africa, Middle East and Asia markets have imported demand. Expect to export the last curve of the year 64, exceeding the target of 6 million tons. On October 30, 2021, Mr. Charoen Laothammathat The president of the Thai Rice Exporters Association said the association expected that in October 2021, about 700,000 tonnes of rice would be exported as key importing countries in Africa, the Middle East and Asia continued to have demand for rice to compensate for stockpiles. The reduced chest of rice and prepared for use during the festival at the end of this year. In addition, the price of rice in Thailand is still competitive. Therefore, exports of white rice and parboiled rice are expected to continue well. However, jasmine rice exports are expected to slow down even though the price has dropped considerably. This was because some buyers waited to wait for the next month's seasonal rice yields to ...

Source: Prachachat