Thailand adjusts rice strategy to improve competitiveness World

Thailand adjusts rice strategy to improve competitiveness

Thai Deputy Prime Minister and Commerce Minister Jurin Laksanawisit has pledged to speed up adjustment of the country’s rice strategy as quickly as possible as the industry is facing an array of challenges, including a strong baht and rising production costs.
Thailand’s rice exports forecast to hit decade low World

Thailand’s rice exports forecast to hit decade low

Thailand's rice exports are likely to plunge to 6.5 million tonnes this year, the lowest in the last decade, from an earlier projection of 7.5 million tonnes because of negative factors, according to the Thai Rice Exporters Association (TREA).
Thai rice exports facing price disadvantage ASEAN

Thai rice exports facing price disadvantage

The price of Thai rice is higher than that of competitors due to limited supply and the strengthening of the baht, which could hurt exports, the Thai Rice Exporters Association (TREA) said.
Thailand’s packaged rice prices forecast to climb World

Thailand’s packaged rice prices forecast to climb

Thailand’s rice packers warn that packaged rice prices are likely to increase further after domestic rice prices rose by 20-30 percent since the start of the year, mostly due to drought and a sharp rise in demand amid of COVID-19 outbreak.
Thai rice exports get boost from global COVID-19 fear World

Thai rice exports get boost from global COVID-19 fear

Exports of Thai rice have been on the rise as many countries are stocking up on food supplies due to the rampant COVID-19 outbreak, said President of the Thai Rice Exporters Association (TREA) Chookiat Ophaswongse.
Thailand predicts rice prices to rise until mid-year World

Thailand predicts rice prices to rise until mid-year

Rice prices will rise until the middle of the year as consumers around the world are beefing up their stockpiles, while China will not increase their exports for food security to deal with the outbreak of the acute respiratory disease caused by the coronavirus SARS-CoV-2 (COVID-19), the Thai Rice Exporters Association (TREA) forecast.
Thailand’s rice exports struggle to hit 8 million tonnes World

Thailand’s rice exports struggle to hit 8 million tonnes

Rice exports may fall below 8 million tonnes for 2019, with this year's prospects still uncertain because of a slew of risk factors such as the continued strong baht, natural disasters and emerging new rice exporters like Myanmar and China, local media reported.
Strong baht poses challenges to Thai rice farmers World

Strong baht poses challenges to Thai rice farmers

Thailand’s rice sector is enduring one of its most difficult periods as a strong baht has made its exports uncompetitive, said Chookiat Ophaswongse, Honorary President of the Thai Rice Exporters Association (TREA).​
Droughts hit Thailand’s rice sector ASEAN

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.