# Bangkok Post - Eyes on Africa, China strides into rice arena

> Thai rice exporters expect China to expand rice shipments this year, especially to Africa, with Chinese exports forecast to reach about 3 million tonnes. Thai 2019 exports are projected to fall about 5% from 2018 to around 11 million tonnes, with Thai export prices quoted at $390-407/t. Thai exporters are concerned about losing market share.

- Date: 2019-06-12 · published 2019-06-12T12:00:00.000Z
- Category: trade · region China · magnitude low
- Page: https://feedsoft.ai/events/58660-bangkok-post-eyes-on-africa-china-strides-into-rice-arena
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Expanding Chinese exports and lower Thai volumes add competitive pressure to global rice trade, which weighs on export prices. The effect on feed markets is limited.

## Read by commodity

- RICE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2024-07-12 | [Bangkok Post - Asia rice - Vietnam, Thai rates dip as eyes turn to India](https://feedsoft.ai/events/4450-bangkok-post-asia-rice-vietnam-thai-rates-dip-as-eyes-turn-to-india.md) | -18.6% | -14.6% |
| RICE | 2018-11-01 | [Bangkok Post - Thailand eyes new rice sales in push to 11m-tonne target](https://feedsoft.ai/events/62118-bangkok-post-thailand-eyes-new-rice-sales-in-push-to-11m-tonne-target.md) | +1.1% | +3.2% |
| RICE | 2020-01-04 | [Rice War: China eats into African markets secured by India \| Mathrubhumi English](https://feedsoft.ai/events/55160-rice-war-china-eats-into-african-markets-secured-by-india-mathrubhumi-english.md) | +0.6% | +4.4% |
| RICE | 2018-03-30 | [“Thai Rice Exporters Association” Search Results - Bangkok Post : The world windows to Thailand](https://feedsoft.ai/events/66074-thai-rice-exporters-association-search-results-bangkok-post-the-world-windows.md) | +1.1% | +3.7% |
| RICE | 2018-10-25 | [In bid narrow trade gap, India aims to export 1 mn tonnes of rice to China \| Economy & Policy News - Business Standard](https://feedsoft.ai/events/62497-in-bid-narrow-trade-gap-india-aims-to-export-1-mn-tonnes-of-rice-to-china.md) | -2.5% | -0.6% |

## Sources

- bangkokpost.com: https://www.bangkokpost.com/business/general/1694072/eyes-on-africa-china-strides-into-rice-arena

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