# Bangkok Post - Negative trends roil rice market

> Thai rice mill Bangsue Chia Meng has sought permission to raise packaged rice prices amid fierce competition and slowing domestic rice consumption in Thailand. Industry sources cite a decline in consumption and trader headaches in the local market.

- Date: 2018-05-17 · published 2018-05-17T12:00:00.000Z
- Category: market · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/65087-bangkok-post-negative-trends-roil-rice-market
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Weak Thai domestic consumption and intense competition point to soft Thai rice demand, which is bearish for Asian rice export prices.

## Read by commodity

- RICE: bearish ▼

## Sources

- bangkokpost.com: https://www.bangkokpost.com/business/general/1467514/negative-trends-roil-rice-market

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