Thailand aims for rice exporter champ this year

[webfact]

Thailand aims for rice exporter champ this year

BANGKOK, 10 August 2015 (NNT) – Thailand is hopeful to become the number one rice exporter of the world this year despite the decline in exports due to the global economic situation, says the deputy government spokesman.

The Deputy Government Spokesman, Sansern Kaewkamnerd, has said that Thailand is positive to remain as the number one rice exporter to the world in terms of quantity and trade value despite the decline in global economic growth and negative export values in several countries.

According to the Thai Rice Exporters Association, Thailand was the number one rice exporter in the first half of this year with an amount of exported rice at 4.46 million tons valued at 72.142 billion baht, while the runner up for rice exports was India with an export of 4.25 million tons.

It is expected that the amount of exports in the second half of this year will increase as many countries have expedited imports of rice from Thailand due to concerns regarding the current drought situation. The weakened Thai baht currency also contributes to an increased pricing competitiveness of Thai export products to other countries, the Deputy Government Spokesman has said.

The Thai government is still confident in Thai entrepreneurs as the country is among those with lower declines in export value when compared to other countries. Thailand has seen a decrease by 4.8 percent in its export, 79 percent in import, and 3.47 percent surplus in trade balance.

Many Thai export products have also shown positive growth, reflecting their growth potential despite the global recession and the capability of Thai products to penetrate the global market.

The Deputy Government Spokesman has revealed the export products that have shown positive growth in the first six months of this year. Among these were electric transformers and parts, which have grown by 10.66 percent, condensers by 28.3 percent, cement by 8.81 percent, motorcycles and its parts by 6.75 percent, other vehicles and parts by 38.27 percent, and tapioca products with 18.10 percent. The overall export value was at 2.05 billion US dollars.

-- NNT 2015-08-10

[clockman]

As there is no transparency, in any sectors. This is just talk.

[billd766]

Best they pray for more rain.

At least the purchase price for rice is lower now so the export price should be comparable to Vietnam and India and hopefully be of a better quality than the past few years.

[thesetat2013]

How and why would they even lay claims to this load of B.S.?

The only reason they exported so much was from their getting rid of stockpiled rice before it rotted and to pay those poor farmers what YL promised. If they think next year they will be #1 then they are not looking at those same farmers who were forced not to plant crops during the drought which in turn should reduce the amount exported. This story reeks.

[webfact]

Government remains confident to be world’s leadership in rice exporting this year



BANGKOK: -- Despite the recent drought that has hardly hit rice farming in the central region, the government remains confident that Thailand will still hold the world's leadership in rice exporting this year.

Government deputy spokesman Maj Gen Sansern Kaewkamnerd said over the weekend that the country was still hopeful to become the world’s leader in rice exporting this year despite the decline in exports due to the global economic situation.

He said Thailand is positive to remain as the number one rice exporter in terms of quantity and trade value.

He qouted figures from the Thai Rice Exporters Association showing Thailand was the number one rice exporter in the first half of this year with an amount of exported rice at 4.46 million tons valued at 72.142 billion baht, while coming second for rice exports was India with an export of 4.25 million tons.

As the NNT reported, it is expected that the amount of exports in the second half of this year will increase as many countries have expedited imports of rice from Thailand due to concern regarding the current drought situation.

He said the weakened Thai baht currency would contribute to an increased pricing competitiveness of Thai export products to other countries.

He said the country is among those with lower declines in export value when compared to other countries.

Thailand has seen a decrease by 4.8 percent in its export, 79 percent in import, and 3.47 percent surplus in trade balance.

Many Thai export products have also shown positive growth, reflecting their growth potential despite the global recession and the capability of Thai products to penetrate the global market.

Export products which have shown positive growth in the first six months of this year include electric transformers and parts (10.66 %), condensers (28.3 %), cement (8.81%), motorcycles and parts (6.75 %), other vehicles and parts (38.27%), and tapioca products (18.10%).

Source: http://englishnews.thaipbs.or.th/government-remains-confident-to-be-worlds-leadership-in-rice-exporting-this-year


-- Thai PBS 2015-08-10

[Guest]

How and why would they even lay claims to this load of B.S.?

The only reason they exported so much was from their getting rid of stockpiled rice before it rotted and to pay those poor farmers what YL promised. If they think next year they will be #1 then they are not looking at those same farmers who were forced not to plant crops during the drought which in turn should reduce the amount exported. This story reeks.

Just out of curiosity, in a nut shell, what do you actually know about the production, stockpile levels, future orders that the threat of a drought generated, and the production and export numbers of India and others?

My guess, all you know about rice is in that chilled glass of Chang Classic in front of you.

If you do not get that joke. All is lost and you can stop typing now.

[Guest]

Best they pray for more rain.

At least the purchase price for rice is lower now so the export price should be comparable to Vietnam and India and hopefully be of a better quality than the past few years.

I beleive they pointed to production and profitability.

The drought scare created a fear of a shortage, so rice traders signed futures contracts based upon shortage. (Higher prices per unit)

If the rains come (they are here) ... then cost of production will fall, yields will rise, and the profits on those contracts will be meaningful.

Like you, I pray for steady predictable rains that best favor rice production.

Have a good day.

[apetley]

"BANGKOK: -- Despite the recent drought that has hardly hit rice farming in the central region..........."

Who writes this crap?

[Your Thainess]

When will people realize that being number one in rice exporting is not something you want to aspire to? Nor is it a matter of pride.

[ratcatcher]

"BANGKOK: -- Despite the recent drought that has hardly hit rice farming in the central region..........."

Who writes this crap?

OK, let's try a different bit of crap.

Despite the recent drought that has hit rice farming in the central region hard, ..........

Does that work?

[apetley]

"BANGKOK: -- Despite the recent drought that has hardly hit rice farming in the central region..........."

Who writes this crap?

OK, let's try a different bit of crap.

Despite the recent drought that has hit rice farming in the central region hard, ..........

Does that work?

You're too good for 'englishnews'.

[Eric Loh]

Thailand good showing in rice export due much to their defiance of Prayuth's call to stop rice planting. Still the military government try to claim credit for the good export figures. Shameless.

[Orac]

When will people realize that being number one in rice exporting is not something you want to aspire to? Nor is it a matter of pride.

Credit where it is due - far better to be able to claim you are number one for rice rather than slaves.

[Srikcir]

But the total rice exports at 4.46 million tons for the first six months is a drop of around 4.7% compared to last six months and down by 1.1% year on year according to the Thai Rice Association.

In terms of profitability, Thailand places about fourth regardless of sales volume.

[thesetat2013]

Just out of curiosity, in a nutshell, where are your figures and statistics and verifiable proof I am wrong? Or do you always like to blow hot air into the wind when you troll? Perhaps you should start typing your insinuations and insults from behind. The words that come from there will smell better. Maybe I am wrong though in this reply and you were really typing with your a--.

In the meantime there was no threat of drought, was there? The farmers in the north were not told to stop planting and then their water supply was not diverted? The farmers were not told to change their crops to something other than rice, were they? Also, there were not tons of rice sold from YLs scheme using the rice stockpiled, right? Tons and tons of it. So just these 2 factors won't make a difference in exports or quantities to compare.

[janpharma]

If including the rotten stock piled rice from the Taksin scam it should be no problem..

[Guest]

Just out of curiosity, in a nutshell, where are your figures and statistics and verifiable proof I am wrong? Or do you always like to blow hot air into the wind when you troll? Perhaps you should start typing your insinuations and insults from behind. The words that come from there will smell better. Maybe I am wrong though in this reply and you were really typing with your a--.

In the meantime there was no threat of drought, was there? The farmers in the north were not told to stop planting and then their water supply was not diverted? The farmers were not told to change their crops to something other than rice, were they? Also, there were not tons of rice sold from YLs scheme using the rice stockpiled, right? Tons and tons of it. So just these 2 factors won't make a difference in exports or quantities to compare.

This is a strange world we live in, where a person gets to say something with authority, and then when asked to back it up ... lays into the person asking !!! .. then the person with the "unmitigated gall" to ask "Can you prove any of that" is told "NO ... YOU prove it!"

Amazing. 555

That being said, in this case, since you said very little, and now have added a tad more, let me combine the two and take you to school.

Pull out you pencil Timmy,and take notes.

You see, no matter how much rice they have, that is known as "Supply"

To sell it requires buyers, that is known as "Demand"

Still with me?

The measure of #1 in this article is, "terms of quantity and trade value"

That means that one can not simply give away rice and retain "trade value" ... so a reasonable price must have been paid.

When commodity traders see a certainty of a shortage, they bid up the prices on the futures markets. These are contracts, and they are binding.

The economic self balancing mechanism then is that even with a (projected) shortage of Thai Rice, the future contracts would be written for higher amounts.

​Enter the monsoons. Suddenly, it looks like the rice yields will go up, and the cost of production will decline

What does that mean Timmy?

Lower net costs and buyers locked into higher priced contracts.

Therefore, a prediction that "terms of quantity and trade value" ... would generate a top spot are quite sane and possibly achievable.

You are very welcome for this brief introduction to business finance and economic theory (entry level 101)

Now, please get back to your warm beer and cold women. If you don't think your "girlfriend" is cold, here is a tip hansum man, turn around and tell her you are broke. go for it "Dah Link".

(Please remember, drinking and driving do not mix)

Edited August 10, 2015 by Guest

[thesetat2013]

Just out of curiosity, in a nutshell, where are your figures and statistics and verifiable proof I am wrong? Or do you always like to blow hot air into the wind when you troll? Perhaps you should start typing your insinuations and insults from behind. The words that come from there will smell better. Maybe I am wrong though in this reply and you were really typing with your a--.

In the meantime there was no threat of drought, was there? The farmers in the north were not told to stop planting and then their water supply was not diverted? The farmers were not told to change their crops to something other than rice, were they? Also, there were not tons of rice sold from YLs scheme using the rice stockpiled, right? Tons and tons of it. So just these 2 factors won't make a difference in exports or quantities to compare.

This is a strange world we live in, where a person gets to say something with authority, and then when asked to back it up ... lays into the person asking !!! .. then the person with the "unmitigated gall" to ask "Can you prove any of that" is told "NO ... YOU prove it!"

Amazing. 555

That being said, in this case, since you said very little, and now have added a tad more, let me combine the two and take you to school.

Pull out you pencil Timmy,and take notes.

You see, no matter how much rice they have, that is known as "Supply"

To sell it requires buyers, that is known as "Demand"

Still with me?

The measure of #1 in this article is, "terms of quantity and trade value"

That means that one can not simply give away rice and retain "trade value" ... so a reasonable price must have been paid.

When commodity traders see a certainty of a shortage, they bid up the prices on the futures markets. These are contracts, and they are binding.

The economic self balancing mechanism then is that even with a (projected) shortage of Thai Rice, the future contracts would be written for higher amounts.

​Enter the monsoons. Suddenly, it looks like the rice yields will go up, and the cost of production will decline

What does that mean Timmy?

Lower net costs and buyers locked into higher priced contracts.

Therefore, a prediction that "terms of quantity and trade value " would generate a top spot are quite sane and possibly achievable.

You are very welcome for this brief introduction to business finance and economic theory (entry level 101)

Now, please get back to your warm beer and cold women. If you don't think your "girlfriend" is cold, here is a tip hansum man, turn around and tell her you are broke. go for it "Dah Link".

(Please remember, drinking and driving do not mix)

Heheee...

[Guest]

Just out of curiosity, in a nutshell, where are your figures and statistics and verifiable proof I am wrong? Or do you always like to blow hot air into the wind when you troll? Perhaps you should start typing your insinuations and insults from behind. The words that come from there will smell better. Maybe I am wrong though in this reply and you were really typing with your a--.

In the meantime there was no threat of drought, was there? The farmers in the north were not told to stop planting and then their water supply was not diverted? The farmers were not told to change their crops to something other than rice, were they? Also, there were not tons of rice sold from YLs scheme using the rice stockpiled, right? Tons and tons of it. So just these 2 factors won't make a difference in exports or quantities to compare.

This is a strange world we live in, where a person gets to say something with authority, and then when asked to back it up ... lays into the person asking !!! .. then the person with the "unmitigated gall" to ask "Can you prove any of that" is told "NO ... YOU prove it!"

Amazing. 555

That being said, in this case, since you said very little, and now have added a tad more, let me combine the two and take you to school.

Pull out you pencil Timmy,and take notes.

You see, no matter how much rice they have, that is known as "Supply"

To sell it requires buyers, that is known as "Demand"

Still with me?

The measure of #1 in this article is, "terms of quantity and trade value"

That means that one can not simply give away rice and retain "trade value" ... so a reasonable price must have been paid.

When commodity traders see a certainty of a shortage, they bid up the prices on the futures markets. These are contracts, and they are binding.

The economic self balancing mechanism then is that even with a (projected) shortage of Thai Rice, the future contracts would be written for higher amounts.

​Enter the monsoons. Suddenly, it looks like the rice yields will go up, and the cost of production will decline

What does that mean Timmy?

Lower net costs and buyers locked into higher priced contracts.

Therefore, a prediction that "terms of quantity and trade value " would generate a top spot are quite sane and possibly achievable.

You are very welcome for this brief introduction to business finance and economic theory (entry level 101)

Now, please get back to your warm beer and cold women. If you don't think your "girlfriend" is cold, here is a tip hansum man, turn around and tell her you are broke. go for it "Dah Link".

(Please remember, drinking and driving do not mix)

Heheee...

"Heheee" ... that is it?

Alrighty then!

Another monumental waste of time on Thai Visa. My bad. Hopefully I will learn not to take troll bait.

Have a good evening. Timmy.

[Alwyn]

So is this the rice that doesn't exist? You know, the missing rice for which the PTP are being dragged through the coals over? The same rice that was rotting? Can't be this year's harvest can it. I'm not being facetious or sarcastic, just asking the question

[mikiea]

As there is no transparency, in any sectors. This is just talk.

yes it is ..... its called make the shxt up as you go ........

Edited August 10, 2015 by mikiea

[fred Kubasa]

Well, if they can dump some of that barely edible, infested, years old rice, then they probably will make it but not necessarily at a profit.

[sammygood]

did they find a victim country that wants to buy all the rotten stuff in the warehouses?

will they put new rice, next to the mouldy one ?

[kerrysum]

As there is no transparency, in any sectors. This is just talk.

Agreed...... Number one rule is to save face.... Do you think the Yingluck had any thing to do with this? Just a question....

[NongKhaiKid]

Of course they'll be No. 1 because they will say it.