15 Mar 2021
Agriculture
KResearch views that Thailand’s rice exports in 2021 will likely remain steady at around 5.8-6.0 million tons, or an estimated growth rate of 1.3-4.8 percent YoY. This rate is higher than the total growth of demand for rice in the global market, which stands at 1.7 percent. Jasmine rice exports to t... Read more
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25 Feb 2021
This year’s dry season (January – April 2021) is expected to be mild and will likely be less severe than 2020, based on the slight drop in dam levels by 7.3 percent YoY. So far, this decrease has been limited to reservoirs in western Thailand, whereas other regions are seeing higher water levels tha... Read more
8 Jan 2021
KResearch assessed that the Thai agriculture in 2021 is set to have brighter outlook, with farm income projected to increase in the range of 1.0 to 1.5 percent YoY. This growth is attributable to an expected rise in farm output by 2.0 to 2.5 percent YoY due to higher levels of rainfall influenced b... Read more
17 Dec 2020
KResearch assesses that southern rubber and oil palm growers may lose approximately THB6.6 billion in income due to the impact of flooding from December 2020 to March 2021. A shortfall of around 0.58 million tons in both rubber and oil palm outputs is expected after floods have wrecked havoc on rubb... Read more
16 Nov 2020
KResearch is of the view that concentrated latex prices in Thailand will likely bounce back over the short term or during the remainder of 2020 through to 2021 to a range of THB53-58/kg. The recovery will be supported by steady demand growth seen in rubber gloves, especially rubber medical gloves. T... Read more
2 Sep 2020
We, at KResearch, are of the view that ongoing flooding in many of the northern and northeastern provinces of Thailand may not significantly affect the overall agricultural output, especially rice grown during the rainy season, because the rice harvesting season has yet to arrive. This coupled with ... Read more
24 Jul 2020
Gluten-free flour can be promoted as a product campaign via cassava processing, based on a new knowledge like bioeconomy. Bioeconomy is a new model for the economy, with the aim of adding value to agricultural products. As Thailand has a plentiful supply of cassava, processing cassava into various ... Read more
28 May 2020
KResearch expects that prices of Thai agricultural products in 1H20 will continue to sustain themselves as they contend with negative factors like a severe seasonal drought (between January and April) which caused extensive damage to farm output – particularly rice, cassava and sugarcane, and the on... Read more
15 May 2020
Oversupply is the key factor in the falling price of shrimp since early 2020, as output has far exceeded demand. Related government agencies have prepared for the approval of assistance measures for related parties within the production chain through the 2020 Shrimp Price Stabilization Program. KRes... Read more
5 May 2020
KResearch assesses that the coronavirus (COVID-19) pandemic in 2020 will be a short-term factor causing the rubber price structure to change over the long term. This represents an important turning point that will result in a new normal of rubber prices, i.e., rubber prices will likely move within a... Read more
3 Apr 2020
Chicken eggs are low-cost source of protein. However, as demand for eggs has soared amid fears over the COVID-19 pandemic, they have been in short supply in several areas. As a result, egg prices skyrocketed during March 2020, triggering concern among consumers. To help alleviate such as an impact o... Read more
1 Apr 2020
Thai rice exports for 2020 may face the same negative conditions that continue to plague all aspects of trade from the previous year, whether it is a highly competitive global market, world economic problems, depreciation of the Baht, drought, the change in China’s role from importer to exporter, or... Read more
27 Mar 2020
Fresh, chilled and frozen chicken are commodities that Thailand can still make good profit from in China, even though closures of key Chinese trade ports to control the spread of COVID-19 from post-Chinese New Year to mid-February 2020 led to some delays and suspension of shipments of fresh, chilled... Read more
24 Feb 2020
The novel coronavirus (COVID-19) epidemic has forced China to close its key border checkpoints and extend the Lunar New Year holidays to February. In addition, cross-border land transportation routes from Vietnam to China have contemporarily been suspended to monitor the COVID-19 outbreak, prompting... Read more
17 Jan 2020
Drought has arrived earlier than the previous year in 2020 and it is expected to be prolonged because water levels at dams across the country have declined 33.1 percent YoY. Such water levels are more critical than those seen during the severe drought reported in 2015.... Read more
26 Dec 2019
The outlook of Thai agricultural products in 2020 will continue to be under pressure from drought and the global economic slowdown. Thailand may face severe drought conditions, which will continue from 2019. As of December 25, 2019, the amount of usable water in the dams nationwide stood at 21,197 ... Read more