31.4 C
Bangkok
Sunday, May 12, 2024

Bangkok Post – Thai rice exports face fraught year ahead

External risk factors have mushroomed

Rice farmers in Suphan Buri province eliminate weeds growing in rice fields to increase the level of production. Pongpat Wongyala

Myriad risk factors still loom over rice exports this year, notably the volatility of exchange rates, the declining competitiveness of Thai rice, intense price competition, the impact of the El Niño weather phenomenon, and India’s restrictive export policy, according to the Thai Rice Exporters Association.

Chookiat Ophaswongse, the association’s honorary president, said the latest data from the US…

Read more…

Latest Articles