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For 10 months, Thailand’s rice exports have grown by 33%, confident that this year it will reach the target of 7.5 million tons.

Lt. Charoen Laothamatat President of Thai Rice Exporters Association revealed thatrice exportThe first 10 months of this year (January-October 2022) was 6,203,270 tonnes worth $3,175 million, with a 33% increase in volume and a 32% increase in value compared to the same period in 2021.ExportVolume 4,662,981 tons, value $2,631 million

while Exports Oct. 2022 with a volume of 794,224 tons, a value of 13,974 million baht, with volume and value Exports rose by 24.7% and 20.5% respectively compared to September. 2022 which exported 636,731 tons worth 11,595 million baht, because in October, exporters rushed to deliver rice according to the proposed contract from the previous month, in terms ofwhite riceaparboiled rice in order to keep up with the end of the year In addition, during this period, Thai rice production continued to enter the market. get more things done

In October, white rice was exported to 422,429 tonnes, up 44 per cent compared to the previous month. Most of them were sent to Iraq, China, Japan, Angola, Mozambique, Cameroon, etc., while parboiled rice exports reached 207,841 tons, an increase of 21% compared to the previous month. exported to major markets in Africa such as Benin, South Africa, Bangladesh, Yemen, Cameroon, Niger, etc.jasmine rice export There was a volume of 67,459 tonnes, a decrease of 10% compared to the previous month. by sending to important markets such as the United States, Hong Kong, Canada, Singapore, etc.

Lt said. Charoen expected that in November Rice exports 2022 750,000-800,000 tonnes because exporters still have pending contracts from the previous month. In addition, important markets still have a continuous demand for consumption. During Christmas, New Year and Chinese New Year at the end of January. 2023 It is expected that this year rice exports should be able to reach the target of 7.5 million tonnes, with key markets including Iraq, South Africa, the United States, China, Benin, Japan, Senegal, Angola, Yemen, the Philippines, Mozambique , Hong Kong, Canada, etc. .

Thai rice priceDuring this period, it is still at a level that is not far from the competitors. still competitive Although the baht has started to appreciate in line with market conditions. The price of 5% Thai white rice on November 30, 2022 was $456 per metric ton. Meanwhile, the price of 5% white rice in Vietnam, India and Pakistan was $443-447, $393-397 and $423-427 per tonne respectively.Thai parboiled rice priceat $470 per ton While parboiled Indian rice and Pakistan at 373-377 and 453-457 dollars per ton.