Thai rice exports dramatically slump
The Thai Rice Exporters Association has reported that rice exports
during the first ten months of this year showed a drop of 40 percent in
quantity and 28 percent in value from the same period last year.
The Thai Rice Exporters Association has reported that rice exports
during the first ten months of this year showed a drop of 40 percent in
quantity and 28 percent in value from the same period last year.
It noted however that export prices were up 17 percent when compared to the mean price during the same time last year.
Thailand ’s top five rice importers this year were Nigeria, Iraq, Ivory Coast, South Africa, and Indonesia.
The association also pointed out that the export of sticky rice in October jumped significantly from its previous month, with increased orders from Africa and India .
The industry association expects 700,000 tonnes of rice to be exported during the last two months of this year, despite higher competition from Vietnam.-VNA
It noted however that export prices were up 17 percent when compared to the mean price during the same time last year.
Thailand ’s top five rice importers this year were Nigeria, Iraq, Ivory Coast, South Africa, and Indonesia.
The association also pointed out that the export of sticky rice in October jumped significantly from its previous month, with increased orders from Africa and India .
The industry association expects 700,000 tonnes of rice to be exported during the last two months of this year, despite higher competition from Vietnam.-VNA
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