# Strong baht sends jitters through Thai export sector – Customs Today Newspaper

> Thai private-sector groups are alarmed by the baht, which has hit a six-year high of around 30-31 per dollar. Thai rice exports fell 26.3% to 5.3 million tonnes in the first eight months, and exporters may miss their 10-million-tonne target.

- Date: 2019-10-21 · published 2019-10-21T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/56854-strong-baht-sends-jitters-through-thai-export-sector-customs-today-newspaper
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md), [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Falling Thai rice exports reduce supply to world markets and can support Asian rice export prices. The strong baht is a key driver of the export shortfall.

## Read by commodity

- RICE: bullish ▲
- USDTHB: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2019-06-28 | [Strong baht sends jitters through Thai export sector \| Thai PBS World](https://feedsoft.ai/events/58867-strong-baht-sends-jitters-through-thai-export-sector-thai-pbs-world.md) | +0.6% | +9.5% |
| RICE | 2017-08-09 | [India rice shipments slow as stronger rupee lifts export prices \| India rice shipments slow as stronger rupee lifts export prices](https://feedsoft.ai/events/69410-india-rice-shipments-slow-as-stronger-rupee-lifts-export-prices-india-rice.md) | +0.8% | +2.6% |
| RICE | 2019-03-22 | [Strong rupee pushes rice prices to seven-month high, dampening exports \| Commodity - Food & Edible Oils - Business Standard](https://feedsoft.ai/events/60167-strong-rupee-pushes-rice-prices-to-seven-month-high-dampening-exports-commodity.md) | -1.6% | -6.0% |
| RICE | 2023-01-05 | [Government sees inflation's peak as it misses target for second straight year \| Philstar.com](https://feedsoft.ai/events/12192-government-sees-inflation-s-peak-as-it-misses-target-for-second-straight-year.md) | -0.2% | +1.6% |
| RICE | 2022-06-23 | [Wild 2022 in grain markets sparks 2008 comparisons \| Reuters](https://feedsoft.ai/events/40978-wild-2022-in-grain-markets-sparks-2008-comparisons-reuters.md) | +0.8% | +4.1% |

## Sources

- customstoday.media: https://customstoday.media/strong-baht-sends-jitters-through-thai-export-sector/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.