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, which increases the demand for rice to replace corn and wheat, and continues to import rice from Thailand in order to ensure that there is enough rice to supply the domestic market
.
In addition, the devaluation of the Thai baht has made the price of Thai rice relatively stable at this stage, making Thailand the second largest rice exporter in the world after India, exporting about 700,000 tons of rice in March, while the total export of rice from January to March 2022 1.
7 million tons
.
As of March 30, 2022, the price of 5% white rice in Thailand was US$426 per ton, while the price of 5% white rice in Vietnam, India and Pakistan was US$418-422, US$343-347 and 358 per ton respectively.
-$362
.
Thai steamed rice is at $441 a tonne, while India and Pakistan are at $363-367 a tonne and $386-390 a tonne, respectively
.
-$362
.
Thai steamed rice is at $441 a tonne, while India and Pakistan are at $363-367 a tonne and $386-390 a tonne, respectively
.
In the first two months (January-February) of 2022, Thailand exported a total of 1,095,671 tons of rice, worth 18,383.
2 million baht (about US$556.
4 million), and exported 849,810 tons worth 158 million in the same period in 2021.
Compared with the total of 536.
3 million baht (about 531.
8 million US dollars), the export volume of rice increased by 28.
9% and the export value increased by 16.
1%
.
2 million baht (about US$556.
4 million), and exported 849,810 tons worth 158 million in the same period in 2021.
Compared with the total of 536.
3 million baht (about 531.
8 million US dollars), the export volume of rice increased by 28.
9% and the export value increased by 16.
1%
.