web stats analysis

Maize (Corn) News - Thailands Export Forecast Of Rice Reduced To 5.8 Million Tonnes
logo
Download Our Android App From Google Play Store

Thailand's Export Forecast Of Rice Reduced To 5.8 Million Tonnes

Thailand is forecasted to export 13% less rice in the 2021-22 marketing year, as per USDA. The year-on-year decline to 5.8 million tonnes from 6.2 million tonnes is due to shipment container shortage and higher transportation costs. The freight cost to USA is five times higher than the pre covid times. The export of Thai rice to Singapore declined by 52% compared to previous years.