Thai Rice Exports Drop 23% in First Quarter Year on Year Thailand’s rice exports fell by 23% in the first quarter year-on-year, to 1.13 million tons, because of higher prices than those offered by competitors. Thai Rice Exporters Association president Charoen Laothammatas said export value, from January to March, dropped to 21.8 billion baht, down…
Government to Reduce Thai Rice Export Tax BANGKOK (NNT) – The Cabinet has approved in principle the Commerce Ministry’s plan to reduce surcharges for Thai rice exporters on rice shipments under the EU and UK quotas. Deputy government spokeswoman Rachada Dhnadirek said the export surcharge has been reduced to 1,500 baht per ton for grains bound…
2020 Thai rice exports may hit 20-year low BANGKOK(NNT) – With the strong Thai baht, and the lack of development, Thailand was only able to export 3 million tons of rice in the first half of 2020. The Thai Rice Exporters Association has projected a grim outlook, reporting that the overall Thai rice export quantity…
Thailand’s rice exports hampered by strong baht Thai rice exports are likely to stay below targets as the strong baht weakens competitiveness in the world market (Photo: Bangkok Post) Bangkok (VNA) – Thai rice exports are likely to stay below targets as the strong baht weakens competitiveness in the world market. Honorary president of the…
Thai rice exports facing strong regional competition Rice exports are down in February’s sales figures, in both total volume and value. High prices and competition from Vietnam are being blamed, along with the ongoing strong baht. Rice farmers also say they are concerned how long the hot season will last which will also affect their…