Thailand exported 2.59 million tonnes of rice between January and July this year, down 22% from the same time last year.

The Thai Rice Exporters Association expects the weakening baht to help Thailand meet its target of exporting 6 million tons of rice this year, though it only shipped 2.59 million tons in the first seven months.

Global cereal production in 2021 is forecast to reach 2 788 million tonnes, up by 0.7 percent from the year before but below July’s expectations, according to FAO’s new Cereal Supply and Demand Brief, also released today.

Export prices of Thai hom mali rice are now quoted at $700 per tonne, down from $800-900 per tonne at the beginning of this year.

The Thai Rice Exporters Association president Charoen Laothammatas said exports began looking up after mid-year, with 419,578 tons, valued at 7.47 billion baht, being exported in July, up 7.6% and 4.9% respectively compared to June.

* India rates recover on improved demand * Vietnamese exporters ask clients to delay delivery – trader * Bangladesh reviews more proposals to import rice – official By Arundhati Sarkar

Commodity prices dropped as the COVID-19 pandemic shuttered economies worldwide during the first half of 2020. But one agricultural commodity, rice, had increased demand, according to a new University of

The covid-19 pandemic created a spike in global rice prices in the second quarter of 2020, according to a new University of Arkansas System Division of Agriculture report. Since then,

Vietnam to consider cutting rice production area Bangladesh reduces duty on rice imports Thai rates edge up to $387-$400/tonne Aug 19 (Reuters) – Indian rice export prices slipped this week

These are turbulent times. Market swings are big and shipping has become a nightmare in terms of prices & availability of space/equipment. Rice markets look to remain bearish in 2H2021