snoop1130 Posted July 6, 2021 Share Posted July 6, 2021 BANGKOK (NNT) - The Thai Rice Exporters Association reports that Thailand managed to export only 2.2 million tons of rice in the first half of the year, down 21.03% by volume from the same period last year. Association president Charoen Laothammatas said the value of rice exports, from January 1 to June 23, was $1.382 billion, down 28.14% year on year, and the situation is not good for Thai rice exports. He said Thailand’s rice exports are currently below the target and the country must export an average of 500,000 tons per month in order to export 6 million tons of rice during the year. According to Mr. Charoen, Thai rice was more expensive than the competition due to the baht’s appreciation and the drought. Thai rice exports have declined continuously in many markets, as can be seen from export figures, even to neighboring countries such as Malaysia. Meanwhile, the Ministry of Commerce has joined the Thai Rice Exporters Association in pushing three main Thai rice exports – jasmine, white and glutinous rice. At the same time, the ministry will accelerate the government-to-government (G2G) rice trading market. -- © Copyright NNT 2021-07-06 - Whatever you're going through, the Samaritans are here for you - Follow ASEAN NOW on LINE for breaking COVID-19 updates 1 Link to comment Share on other sites More sharing options...
Popular Post Shuya Posted July 6, 2021 Popular Post Share Posted July 6, 2021 11 minutes ago, snoop1130 said: due to the baht’s appreciation Against what? The Venezuelan Bolívar? 1 4 Link to comment Share on other sites More sharing options...
Popular Post johng Posted July 6, 2021 Popular Post Share Posted July 6, 2021 2 minutes ago, Shuya said: Against what? The Venezuelan Bolívar? When it gets back to about 70 baht to 1 UK pound that'll be about right ???? 4 1 Link to comment Share on other sites More sharing options...
lungbing Posted July 6, 2021 Share Posted July 6, 2021 We've stopped buying so-called jasmine rice. It seems to be made up of 45% jasmine and 50% old rice and 5% broken bits. 1 1 Link to comment Share on other sites More sharing options...
Popular Post metisdead Posted July 6, 2021 Popular Post Share Posted July 6, 2021 They keep forgetting this part: Thai rice was more expensive than the competition due to the baht’s appreciation 5 Link to comment Share on other sites More sharing options...
Justgrazing Posted July 6, 2021 Share Posted July 6, 2021 Bit grainy that pic' isn't it .. 2 Link to comment Share on other sites More sharing options...
Venom Posted July 7, 2021 Share Posted July 7, 2021 That's a <deleted>load of PM2.5 air pollution. The peasants should have a right to clean breathing air. But alas greed and short term profits take precedent. TIT 2 Link to comment Share on other sites More sharing options...
Isaan sailor Posted July 7, 2021 Share Posted July 7, 2021 Baht appreciation—dead right. Getting better, but still has a long way to go. 2 Link to comment Share on other sites More sharing options...
Popular Post Cake Monster Posted July 7, 2021 Popular Post Share Posted July 7, 2021 Earlier in the Year, it was said Thai Rice was about 20 % more expensive than other Rice produced in Countries such as Vietnam and India. Rice is a poor mans belly filler, and to have more expensive food when there are alternatives available to poor people is just not do-able. 4 Link to comment Share on other sites More sharing options...
John Drake Posted July 7, 2021 Share Posted July 7, 2021 36 minutes ago, Isaan sailor said: Baht appreciation—dead right. Getting better, but still has a long way to go. CP needed a strong baht to buy Tesco Lotus. You will know when CP goes on another international shopping spree when the baht strengthens back to the 29ish to the US dollar range. 1 Link to comment Share on other sites More sharing options...
RichardColeman Posted July 7, 2021 Share Posted July 7, 2021 But, but, but, experts say Thai exports are booming despite the baht 1 1 Link to comment Share on other sites More sharing options...
SmartyMarty Posted July 7, 2021 Share Posted July 7, 2021 Even with the dumping the quota is still down? Someone's <deleted> up. Link to comment Share on other sites More sharing options...
Popular Post soalbundy Posted July 7, 2021 Popular Post Share Posted July 7, 2021 23 hours ago, metisdead said: They keep forgetting this part: Thai rice was more expensive than the competition due to the baht’s appreciation but the price offered to the farmers to buy the rice is disgustingly low. My wife gets three times that selling it herself at markets and recently made a private deal to sell jasmine rice to Laos through an agent at a good price, we had a good experience with him last year, money in the bank before the rice was delivered. 3 Link to comment Share on other sites More sharing options...
piewarmer Posted July 8, 2021 Share Posted July 8, 2021 15 hours ago, soalbundy said: but the price offered to the farmers to buy the rice is disgustingly low. My wife gets three times that selling it herself at markets and recently made a private deal to sell jasmine rice to Laos through an agent at a good price, we had a good experience with him last year, money in the bank before the rice was delivered. I heard the price was hurting the thai rice farmers, they were encoraged to borrow money from the government expecting a price pf B12 per kilo but the harvest gets B7. many farmers are in despair at the moment. Link to comment Share on other sites More sharing options...
soalbundy Posted July 8, 2021 Share Posted July 8, 2021 1 hour ago, piewarmer said: I heard the price was hurting the thai rice farmers, they were encoraged to borrow money from the government expecting a price pf B12 per kilo but the harvest gets B7. many farmers are in despair at the moment. Some were offered 6 Baht in my village, that covers just the production costs, it's a wonder anybody bothers to plant rice now, it's obvious why people head for Bangkok to work if they can. Each time I have been to Bangkok and used a taxi the drivers had all been from Isan, one time in conversation with a driver it turned out he was a distant relative of my missus and knew her father well, they all left because of bank debt due to farming and they were all homesick. 1 Link to comment Share on other sites More sharing options...
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