{"id":13319,"date":"2024-01-08T12:40:51","date_gmt":"2024-01-08T12:40:51","guid":{"rendered":"https:\/\/ricenewstoday.com\/?p=13319"},"modified":"2024-01-08T12:44:30","modified_gmt":"2024-01-08T12:44:30","slug":"thai-rice-exports-seen-dropping-as-scramble-for-supply-eases-2","status":"publish","type":"post","link":"https:\/\/ricenewstoday.com\/dev\/thai-rice-exports-seen-dropping-as-scramble-for-supply-eases-2\/","title":{"rendered":"Thai Rice Exports Seen Dropping as Scramble for Supply Eases"},"content":{"rendered":"\n
\"\"
Harvested rice at a farm in Khao Wong , Kalasin province, Thailand. Photographer: Luke Duggleby\/Bloomberg<\/figcaption><\/figure>\n\n\n\n

Thailand\u2019s rice exports are expected to drop by 15% in 2024 as a global scramble for the staple food is set to ease.<\/p>\n\n\n\n

The Southeast Asian nation will likely see weaker demand from Indonesia, its top buyer last year, Thai Rice Exporters Association Honorary President Chookiat Ophaswongse said January 4. A fluctuating baht may also harm its ability to compete with key grower Vietnam, he said.<\/strong><\/p>\n\n\n\n

Thai rice shipments rose to a five-year high of about 8.8 million tons in 2023, preliminary estimates show. But Indonesia, which recently boosted imports, will \u201clikely cool its purchases after its presidential election next month,\u201d Chookiat said. \u201cThe baht is also very volatile, making our prices uncompetitive, while Vietnam\u2019s new crop is looking good.\u201d<\/p>\n\n\n\n

Prices for Thai white rice 5% broken \u2014 an Asian benchmark \u2014 surged to a 15-year high in December after top shipper India restricted exports and dry weather threatened production. Some nations also ramped up purchases to build stockpiles amid fears that the impact of El Ni\u00f1o would further tighten supplies.<\/strong><\/p>\n\n\n\n

Vietnam\u2019s winter-spring crop, expected to be harvested in February and March, will help bring prices down in that country and lure back buyers such as the Philippines, Chookiat said. India\u2019s supply may also free up after an election expected by May, tempering global supply concerns.<\/strong><\/p>\n\n\n\n

\u201cIndia is likely to maintain the bans in the first half of this year,\u201d Chookiat said. \u201cBut if they\u2019re revoked potentially in the second half, global rice prices will immediately drop.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Thailand\u2019s rice exports are expected to drop by 15% in 2024 as a global scramble for the staple food is set to ease. The Southeast Asian nation will likely see weaker demand from Indonesia, its top buyer last year, Thai Rice Exporters Association Honorary President Chookiat Ophaswongse said January 4. A fluctuating baht may also […]<\/p>\n","protected":false},"author":1,"featured_media":13320,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[176],"tags":[192,166,167,160,159],"class_list":["post-13319","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-climate-change","tag-thai-rice","tag-indian-rice","tag-rice-export","tag-global-rice-news"],"acf":{"enable_premium_overlay":false},"yoast_head":"\nThai Rice Exports Seen Dropping as Scramble for Supply Eases - Rice News Today<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Thai Rice Exports Seen Dropping as Scramble for Supply Eases - Rice News Today\" \/>\n<meta property=\"og:description\" content=\"Thailand\u2019s rice exports are expected to drop by 15% in 2024 as a global scramble for the staple food is set to ease. The Southeast Asian nation will likely see weaker demand from Indonesia, its top buyer last year, Thai Rice Exporters Association Honorary President Chookiat Ophaswongse said January 4. A fluctuating baht may also […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ricenewstoday.com\/dev\/thai-rice-exports-seen-dropping-as-scramble-for-supply-eases-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Rice News Today\" \/>\n<meta property=\"article:published_time\" content=\"2024-01-08T12:40:51+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-01-08T12:44:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2024\/01\/THAILAND-THAI-RICE-EXPORTS-BLOOMBERG.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1080\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Developer Team\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Developer Team\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ricenewstoday.com\/dev\/thai-rice-exports-seen-dropping-as-scramble-for-supply-eases-2\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ricenewstoday.com\/dev\/thai-rice-exports-seen-dropping-as-scramble-for-supply-eases-2\/\"},\"author\":{\"name\":\"Developer Team\",\"@id\":\"https:\/\/ricenewstoday.com\/dev\/#\/schema\/person\/5bab6fa4a598696885d5615daac778dd\"},\"headline\":\"Thai Rice Exports Seen Dropping as Scramble for Supply Eases\",\"datePublished\":\"2024-01-08T12:40:51+00:00\",\"dateModified\":\"2024-01-08T12:44:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ricenewstoday.com\/dev\/thai-rice-exports-seen-dropping-as-scramble-for-supply-eases-2\/\"},\"wordCount\":272,\"publisher\":{\"@id\":\"https:\/\/ricenewstoday.com\/dev\/#organization\"},\"image\":{\"@id\":\"https:\/\/ricenewstoday.com\/dev\/thai-rice-exports-seen-dropping-as-scramble-for-supply-eases-2\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2024\/01\/THAILAND-THAI-RICE-EXPORTS-BLOOMBERG.jpg\",\"keywords\":[\"climate change\",\"thai rice\",\"indian rice\",\"Rice Export\",\"Global Rice News\"],\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ricenewstoday.com\/dev\/thai-rice-exports-seen-dropping-as-scramble-for-supply-eases-2\/\",\"url\":\"https:\/\/ricenewstoday.com\/dev\/thai-rice-exports-seen-dropping-as-scramble-for-supply-eases-2\/\",\"name\":\"Thai Rice Exports Seen Dropping as Scramble for Supply Eases - Rice News Today\",\"isPartOf\":{\"@id\":\"https:\/\/ricenewstoday.com\/dev\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/ricenewstoday.com\/dev\/thai-rice-exports-seen-dropping-as-scramble-for-supply-eases-2\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/ricenewstoday.com\/dev\/thai-rice-exports-seen-dropping-as-scramble-for-supply-eases-2\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2024\/01\/THAILAND-THAI-RICE-EXPORTS-BLOOMBERG.jpg\",\"datePublished\":\"2024-01-08T12:40:51+00:00\",\"dateModified\":\"2024-01-08T12:44:30+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/ricenewstoday.com\/dev\/thai-rice-exports-seen-dropping-as-scramble-for-supply-eases-2\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ricenewstoday.com\/dev\/thai-rice-exports-seen-dropping-as-scramble-for-supply-eases-2\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ricenewstoday.com\/dev\/thai-rice-exports-seen-dropping-as-scramble-for-supply-eases-2\/#primaryimage\",\"url\":\"https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2024\/01\/THAILAND-THAI-RICE-EXPORTS-BLOOMBERG.jpg\",\"contentUrl\":\"https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2024\/01\/THAILAND-THAI-RICE-EXPORTS-BLOOMBERG.jpg\",\"width\":1080,\"height\":720,\"caption\":\"Harvested rice at a farm in Khao Wong , Kalasin province, Thailand. Photographer: Luke Duggleby\/Bloomberg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ricenewstoday.com\/dev\/thai-rice-exports-seen-dropping-as-scramble-for-supply-eases-2\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ricenewstoday.com\/dev\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Thai Rice Exports Seen Dropping as Scramble for Supply Eases\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ricenewstoday.com\/dev\/#website\",\"url\":\"https:\/\/ricenewstoday.com\/dev\/\",\"name\":\"Rice News Today\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/ricenewstoday.com\/dev\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ricenewstoday.com\/dev\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ricenewstoday.com\/dev\/#organization\",\"name\":\"Rice News Today\",\"url\":\"https:\/\/ricenewstoday.com\/dev\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ricenewstoday.com\/dev\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2023\/11\/ricenews-share-og.png\",\"contentUrl\":\"https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2023\/11\/ricenews-share-og.png\",\"width\":696,\"height\":696,\"caption\":\"Rice News Today\"},\"image\":{\"@id\":\"https:\/\/ricenewstoday.com\/dev\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/ricenewstoday.com\/dev\/#\/schema\/person\/5bab6fa4a598696885d5615daac778dd\",\"name\":\"Developer Team\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ricenewstoday.com\/dev\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/ricenewstoday.com\/dev\/wp-content\/litespeed\/avatar\/7f4250de373ca51742ab7d6abe1e77b4.jpg?ver=1775773810\",\"contentUrl\":\"https:\/\/ricenewstoday.com\/dev\/wp-content\/litespeed\/avatar\/7f4250de373ca51742ab7d6abe1e77b4.jpg?ver=1775773810\",\"caption\":\"Developer Team\"},\"sameAs\":[\"https:\/\/ricenewstoday.com\/dev\"],\"url\":\"https:\/\/ricenewstoday.com\/dev\/author\/techwise\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Thai Rice Exports Seen Dropping as Scramble for Supply Eases - Rice News Today","robots":{"index":"noindex","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"og_locale":"en_US","og_type":"article","og_title":"Thai Rice Exports Seen Dropping as Scramble for Supply Eases - Rice News Today","og_description":"Thailand\u2019s rice exports are expected to drop by 15% in 2024 as a global scramble for the staple food is set to ease. The Southeast Asian nation will likely see weaker demand from Indonesia, its top buyer last year, Thai Rice Exporters Association Honorary President Chookiat Ophaswongse said January 4. A fluctuating baht may also […]","og_url":"https:\/\/ricenewstoday.com\/dev\/thai-rice-exports-seen-dropping-as-scramble-for-supply-eases-2\/","og_site_name":"Rice News Today","article_published_time":"2024-01-08T12:40:51+00:00","article_modified_time":"2024-01-08T12:44:30+00:00","og_image":[{"width":1080,"height":720,"url":"https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2024\/01\/THAILAND-THAI-RICE-EXPORTS-BLOOMBERG.jpg","type":"image\/jpeg"}],"author":"Developer Team","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Developer Team","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ricenewstoday.com\/dev\/thai-rice-exports-seen-dropping-as-scramble-for-supply-eases-2\/#article","isPartOf":{"@id":"https:\/\/ricenewstoday.com\/dev\/thai-rice-exports-seen-dropping-as-scramble-for-supply-eases-2\/"},"author":{"name":"Developer Team","@id":"https:\/\/ricenewstoday.com\/dev\/#\/schema\/person\/5bab6fa4a598696885d5615daac778dd"},"headline":"Thai Rice Exports Seen Dropping as Scramble for Supply Eases","datePublished":"2024-01-08T12:40:51+00:00","dateModified":"2024-01-08T12:44:30+00:00","mainEntityOfPage":{"@id":"https:\/\/ricenewstoday.com\/dev\/thai-rice-exports-seen-dropping-as-scramble-for-supply-eases-2\/"},"wordCount":272,"publisher":{"@id":"https:\/\/ricenewstoday.com\/dev\/#organization"},"image":{"@id":"https:\/\/ricenewstoday.com\/dev\/thai-rice-exports-seen-dropping-as-scramble-for-supply-eases-2\/#primaryimage"},"thumbnailUrl":"https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2024\/01\/THAILAND-THAI-RICE-EXPORTS-BLOOMBERG.jpg","keywords":["climate change","thai rice","indian rice","Rice Export","Global Rice News"],"articleSection":["News"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/ricenewstoday.com\/dev\/thai-rice-exports-seen-dropping-as-scramble-for-supply-eases-2\/","url":"https:\/\/ricenewstoday.com\/dev\/thai-rice-exports-seen-dropping-as-scramble-for-supply-eases-2\/","name":"Thai Rice Exports Seen Dropping as Scramble for Supply Eases - Rice News Today","isPartOf":{"@id":"https:\/\/ricenewstoday.com\/dev\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ricenewstoday.com\/dev\/thai-rice-exports-seen-dropping-as-scramble-for-supply-eases-2\/#primaryimage"},"image":{"@id":"https:\/\/ricenewstoday.com\/dev\/thai-rice-exports-seen-dropping-as-scramble-for-supply-eases-2\/#primaryimage"},"thumbnailUrl":"https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2024\/01\/THAILAND-THAI-RICE-EXPORTS-BLOOMBERG.jpg","datePublished":"2024-01-08T12:40:51+00:00","dateModified":"2024-01-08T12:44:30+00:00","breadcrumb":{"@id":"https:\/\/ricenewstoday.com\/dev\/thai-rice-exports-seen-dropping-as-scramble-for-supply-eases-2\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ricenewstoday.com\/dev\/thai-rice-exports-seen-dropping-as-scramble-for-supply-eases-2\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ricenewstoday.com\/dev\/thai-rice-exports-seen-dropping-as-scramble-for-supply-eases-2\/#primaryimage","url":"https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2024\/01\/THAILAND-THAI-RICE-EXPORTS-BLOOMBERG.jpg","contentUrl":"https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2024\/01\/THAILAND-THAI-RICE-EXPORTS-BLOOMBERG.jpg","width":1080,"height":720,"caption":"Harvested rice at a farm in Khao Wong , Kalasin province, Thailand. Photographer: Luke Duggleby\/Bloomberg"},{"@type":"BreadcrumbList","@id":"https:\/\/ricenewstoday.com\/dev\/thai-rice-exports-seen-dropping-as-scramble-for-supply-eases-2\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ricenewstoday.com\/dev\/"},{"@type":"ListItem","position":2,"name":"Thai Rice Exports Seen Dropping as Scramble for Supply Eases"}]},{"@type":"WebSite","@id":"https:\/\/ricenewstoday.com\/dev\/#website","url":"https:\/\/ricenewstoday.com\/dev\/","name":"Rice News Today","description":"","publisher":{"@id":"https:\/\/ricenewstoday.com\/dev\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ricenewstoday.com\/dev\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ricenewstoday.com\/dev\/#organization","name":"Rice News Today","url":"https:\/\/ricenewstoday.com\/dev\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ricenewstoday.com\/dev\/#\/schema\/logo\/image\/","url":"https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2023\/11\/ricenews-share-og.png","contentUrl":"https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2023\/11\/ricenews-share-og.png","width":696,"height":696,"caption":"Rice News Today"},"image":{"@id":"https:\/\/ricenewstoday.com\/dev\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/ricenewstoday.com\/dev\/#\/schema\/person\/5bab6fa4a598696885d5615daac778dd","name":"Developer Team","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ricenewstoday.com\/dev\/#\/schema\/person\/image\/","url":"https:\/\/ricenewstoday.com\/dev\/wp-content\/litespeed\/avatar\/7f4250de373ca51742ab7d6abe1e77b4.jpg?ver=1775773810","contentUrl":"https:\/\/ricenewstoday.com\/dev\/wp-content\/litespeed\/avatar\/7f4250de373ca51742ab7d6abe1e77b4.jpg?ver=1775773810","caption":"Developer Team"},"sameAs":["https:\/\/ricenewstoday.com\/dev"],"url":"https:\/\/ricenewstoday.com\/dev\/author\/techwise\/"}]}},"_links":{"self":[{"href":"https:\/\/ricenewstoday.com\/dev\/wp-json\/wp\/v2\/posts\/13319","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ricenewstoday.com\/dev\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ricenewstoday.com\/dev\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ricenewstoday.com\/dev\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ricenewstoday.com\/dev\/wp-json\/wp\/v2\/comments?post=13319"}],"version-history":[{"count":0,"href":"https:\/\/ricenewstoday.com\/dev\/wp-json\/wp\/v2\/posts\/13319\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ricenewstoday.com\/dev\/wp-json\/wp\/v2\/media\/13320"}],"wp:attachment":[{"href":"https:\/\/ricenewstoday.com\/dev\/wp-json\/wp\/v2\/media?parent=13319"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ricenewstoday.com\/dev\/wp-json\/wp\/v2\/categories?post=13319"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ricenewstoday.com\/dev\/wp-json\/wp\/v2\/tags?post=13319"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}