Rice Price Weekly Bangkok Thailand 11 14 2017

THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE
BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S.
GOVERNMENT POLICY

Required Report - public distribution
Date: 11/14/2017
GAIN Report Number: TH7151

Thailand
Rice Price - Weekly

Weekly Rice Price Update

Approved By:
Paul Welcher, Agricultural Attaché

Prepared By:
Ponnarong Prasertsri, Agricultural Specialist

Report Highlights:
Export prices declined 1-4 percent due to larger available supplies during the peak harvest,

particularly for new crop white and fragrant rice.

Post:
Bangkok
Author Defined:
Market Tone

Export prices for premium white and fragrant rice declined 1-4 percent due to larger available
supplies of main crop rice during the peak harvest. Traders expect that the harvest of the fragrant
and white rice crops will be mostly complete by mid-December. The government has suspended the
sales of the remaining government stocks of 0.7 – 0.8 million metric tons in an effort to prevent
declining domestic prices during the peak harvest.
Rice Export Update
Unofficial and preliminary rice exports (excluding premium white and fragrant rice) for October 30
– November 5, 2017, totaled 190,599 metric tons, down 11,877 metric tons from the previous week
and down 14,689 metric tons from the four-week moving average of 205,288 metric tons (Table 2).
Rice exports from January 1 – November 5, 2017, totaled 7,725,634 metric tons.

End of Report.