# Bangkok Post - Thailand eyes new rice sales in push to 11m-tonne target

> Thai 5% broken rice fell to $380-$400 per tonne as the baht weakened and new harvest supply arrived, while Indian parboiled rice held near 21-month lows. Thailand expects to meet its 11 million tonne export target and is hoping for Philippine and possible Chinese deals.

- Date: 2018-11-01 · published 2018-11-01T12:00:00.000Z
- Category: trade · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/62118-bangkok-post-thailand-eyes-new-rice-sales-in-push-to-11m-tonne-target
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md), [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

A weaker baht and seasonal new-crop supply pressure world rice export prices lower, though possible Philippine or Chinese government purchases could offer support.

## Read by commodity

- RICE: bearish ▼
- USDTHB: neutral

## 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 | 2019-06-12 | [Bangkok Post - Eyes on Africa, China strides into rice arena](https://feedsoft.ai/events/58660-bangkok-post-eyes-on-africa-china-strides-into-rice-arena.md) | -0.1% | +0.7% |
| 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 | 2022-02-16 | [Thailand to Give Stiff Competition to India in Rice Exports](https://feedsoft.ai/events/42767-thailand-to-give-stiff-competition-to-india-in-rice-exports.md) | +1.7% | +7.1% |
| RICE | 2019-04-18 | [India rice rates dip as demand slows, Bangladesh to review export ban - South Asia News](https://feedsoft.ai/events/59581-india-rice-rates-dip-as-demand-slows-bangladesh-to-review-export-ban-south-asia.md) | -3.1% | +4.1% |

## Sources

- bangkokpost.com: https://www.bangkokpost.com/business/general/1568622/thailand-eyes-new-rice-sales-in-push-to-11m-tonne-target

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