# Thai rice export prices drops 3.4% in January – Customs Today Newspaper

> Thai rice export prices fell 3.4% in January to $395 a ton from a mid-January high, according to the Thai Board of Trade. Thai output is forecast to rise 17.7% to 18.6 million tons in 2016-17, with exports near 10 million tons.

- Date: 2017-02-25 · published 2017-02-25T12:00:00.000Z
- Category: market · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/72581-thai-rice-export-prices-drops-3-4-in-january-customs-today-newspaper
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Expanding Thai and Vietnamese supply and a record global crop put downward pressure on world rice prices.

## Read by commodity

- RICE: bearish ▼

## Sources

- customstoday.media: https://customstoday.media/thai-rice-export-prices-drops-3-4-in-january/

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