Thailand remains world's No.1 rice exporter

Tanakorn Sangiam

 

BANGKOK, 1 September 2017 (NNT) – Thailand exported 6.4 million tons of rice during this year's first seven months, keeping the country as the world's Number One rice exporter, said Rice Exporters Association of Thailand (REAT) President Charoen Laothamatas. 

He revealed Thailand exported 986,839 tons of rice in May, worth 15.12 billion baht. The monthly export volume decreased 4.9 percent due to labor problems. 

The gross export volume during the first seven months of 2017 amounted to 6,409,702 tons, worth 80.05 billion baht, marking a 17.5 percent growth in volume and 10.7 percent growth in value compared to the same period last year. The figure keeps Thailand as the world's Number One rice exporter to the global market, followed by India and Vietnam. 

The REAT expects the export figure in August to drop to only 700,000-800,000 tons of rice due to a slow delivery pending the next harvest, while the strengthened baht will hurt the competitiveness of the country's export sector. 

Rice exporters have purchase contracts earlier made to fulfill. The prices of rice have increased, with 100% Hom Mali Rice currently selling for 1,029 US dollars a ton, which has increased from 835 US dollars. The situation would help farmers sell their rice for an increased price, but would make it more difficult for firms to sell the rice to foreign buyers.

 

 

 

-- nnt 2017-09-02

How much of this rice went to China from a certain 17 million tonne stockpile mou signed in 2015????

Thailand is #2.

 

http://www.worldstopexports.com/rice-exports-country/

Or #5?

 

http://www.whichcountry.co/top-10-exporters-of-rice/

Thailand is #2.
 
http://www.worldstopexports.com/rice-exports-country/

That was 2016

Believe that you believe anything

 

5 hours ago, quandow said:

Or #5?

 

http://www.whichcountry.co/top-10-exporters-of-rice/

the #5 is for production, scroll down the page a little, there is a list for exports and Thailand is #1 on it.

Time to bring back the pledging scheme then.

Due to a total lack of credibility cemented over many years of experience, I don't really believe a word these people say anymore. I can however recommend the healthy black rice which is delicious and doesn't give that nasty sugar-spike you get from the refined white stuff.

So what. Next critical news article please...

4 hours ago, hotchilli said:

Believe that you believe anything

 

THink India past Thaland a few years ago,

Some dubious data ..... In that list of rice exporting countries were Belgium and the Netherlands. No way. They may re -export rice, but they do not grow it. Only Southern European countries grow rice in Europe.