Thailand’s rice exports could reach 8 million tonnes this year as flooding caused by Typhoon Noru has had little impact and a weak baht has helped overseas sales, the president

THAILAND: Thailand’s rice exports could reach 8 million tonnes this year as flooding caused by Typhoon Noru has had little impact and a weak baht has helped overseas sales, the

Despite flooding caused by Typhoon Noru in late September and early October, Thailand’s rice exports are likely to exceed 8 million tonnes this year as as weak baht has helped

Thailand’s rice exports could reach 8 million tonnes this year as flooding caused by Typhoon Noru has had little impact and a weak baht has helped overseas sales, the president

Worst Thai Flood in Years Damage Crops, Risk Tourism Revival (Bloomberg) — Thailand is battling the worst flooding in years with a large swathe of its crop land inundated by

Kasikorn Research Center estimated the damage of the first crop of rice caused by flooding at 2.9-3.1 billion baht. The center said that flooding in regions had negative impacts on

The prices for Vietnamese 5 percent broken rice rose to $420 per ton late March, the highest in the past 3.5 months.Vietnam exported 1.48 million tons of rice worth $715 million in the first three months this year, up 24 percent in volume and 10.5 percent in value against the same period last year, according to the Ministry of Agriculture and Rural Development.

Exporters of Indian non-basmati rice, after shipping close to 17 million tonnes in 2021-22, are facing the twin challenges of higher freight cost and the return of Thailand, a major supplier, to the international market in the current financial year.

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 veteran trader Chookiat Ophaswongse.

The Thai Rice Exporters Association said recently that the Russia-Ukraine war has not shaken rice exports yet, though rising oil prices may affect the situation in the long run.