Prolonged protests may affect exports of Thai Hom Mali rice to Hong Kong

 

 

Worried Thai rice exporters are closely monitoring the situation in Hong Kong, fearing that the protests by pro-democracy demonstrators will affect exports of Hom Mali fragrant rice to the city if the protests are prolonged.

 

The Thai Rice Exporters Association’s honorary chairman, Mr. Chukiart Opaswong, said that Hong Kong remains an important export market for Thai Hom Mali grains, although the market share of the Thai rice has now dropped to only 52%, valued at between 30-40 billion baht, compared to 90% market share 7-8 years ago.

 

Vietnam now commands about a 30% market share, being ranked in the second place after Thailand, followed by Cambodia and China. Mr. Chukiart attributed the sharp drop in market share to Thai Hom Mali’s high price, about US$1,200 per tonne, compared to Vietnam’s US$500-550 per tonne.

 

Full story: https://www.thaipbsworld.com/prolonged-protests-may-affect-exports-of-thai-hom-mali-rice-to-hong-kong/

 

 

-- © Copyright Thai PBS 2019-08-16

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Why - do they not have to eat while protesting ?

How dumb. 

2 hours ago, webfact said:

fearing that the protests by pro-democracy demonstrators will affect exports of Hom Mali fragrant rice to the city if the protests are prolonged.

Be gosh darned if the quest for freedom just keeps getting in the way of Thai business interests.  The bigger problem is a strong Baht and a very competitive Vietnam and Cambodia.   Also, Hong Kong will slide into recession soon, making more expensive things less attractive, even if they are made in Thailand. 

 

What  a dumb, self serving thing to say.  No wonder why Thai elites are hated in Asia.

Dumb statement. That sort of export goes by sea not aircraft.

5 hours ago, webfact said:

Vietnam now commands about a 30% market share, being ranked in the second place after Thailand, followed by Cambodia and China. Mr. Chukiart attributed the sharp drop in market share to Thai Hom Mali’s high price, about US$1,200 per tonne, compared to Vietnam’s US$500-550 per tonne.

Vietnam seem to be getting it right while Thailand is shooting itself in the foot yet again !

8 hours ago, webfact said:

Thai Hom Mali’s high price, about US$1,200 per tonne, compared to Vietnam’s US$500-550 per tonne

there is your answer

 

if stupidity had a passport, it would be Thai

Yes but Hom Mali rice is delicious, while the rest is gluey tasteless pap.

 

Buy cheap, get cheap.

2 hours ago, Traubert said:

Yes but Hom Mali rice is delicious, while the rest is gluey tasteless pap.

 

Buy cheap, get cheap.

Something tells me rice isn't Coca-Cola and you can buy seeds of Hom Mali rice to grow it elsewhere

 

revolutionary idea, I know

21 minutes ago, HeyHeyHey said:

Something tells me rice isn't Coca-Cola and you can buy seeds of Hom Mali rice to grow it elsewhere

 

revolutionary idea, I know

While living in the states my wife would always look for and buy Thai hom Mali rice

With the ongoing drought shouldn't they be keeping rice here?

They blame everything for their export woes ,except the real culprit ,the strong  Bht.

and when they come to realise it ,they will have lost their markets to other countries.

Ditto tourism.

regards worgeordie

16 hours ago, webfact said:

Thai Hom Mali’s high price, about US$1,200 per tonne

36 baht a kg for wholesale hom mali ? It costs about the same on the markets so they can drop the price a lot me thinks.

No worries, the Chinese government will smash them soon.