Thailand: Rice prices predicted to rise in Q2
Thai rice exporters expect global prices will increase in the second quarter because of the impact of the El Niño phenomenon and India's rice export restrictions, reported the Bangkok Post.
Thai rice exports expected to exceed 8 million tonnes
Thailand's rice exports are expected to exceed 8 million tonnes this year, driven by the weakness of the baht and rising demand in the global market, according to Chookiat Ophaswongse, honorary president of the Thai Rice Exporters Association (TREA).
Thailand’s rice prices forecast to rise 5 percent in Q2
Thai rice prices are expected to increase by 5 percent in the second quarter, pushed up by the Russia-Ukraine conflict’s effect on surging global commodity prices, said veteran trader Chookiat Ophaswongse.
Droughts hit Thailand’s rice sector
This is a tough year for Thailand’s rice sector due to prolonged droughts in the northeast and strong baht (THB), said Honorary President of the Thai Rice Exporters Association Chookiat Ophaswongse.
Thai rice exporters worry about China’s competition
Thai rice exporters are fretting over their prospects this year as China looks set to ramp up its rice shipments, notably to Africa.