Bangkok, The Thai Rice Exporters Association is confident that Thai rice exports in 2023 will definitely exceed 8.5 million tons. After having orders in December 2023 totaling more than 800,000-900,000 tons, the value of rice has also improved. The Thai Rice Exporters Association revealed that the total rice exports in November 2023 were 1,007,417 tons worth 23,010 million baht, with the volume increasing 19.9% ??and the value increasing 23.3% compared to October 2023, when the volume was exported 840,513 tons. Valued at 18,700 million baht, due in November 2023 to export white rice. and jasmine rice The volume has greatly increased from the previous month. This is because important importers are rushing to import rice to compensate for the decreased domestic supply. This is amidst the price of rice in the world market which has increased to the highest level in 15 years, especially in the group of white rice. As a result, the export volume of white rice reached 659,694 tons, an increase of 31% compared to the previous month. It is still sent to main markets such as Indonesia, Philippines, Algeria, Iraq, Malaysia, Japan, Brazil, Cameroon, etc., while parboiled rice exports amounted to 91.303 tons, a decrease of 1 1.2% compared to the previous month. By sending to main markets such as South Africa, Yemen, etc., exports of jasmine rice (rice plants) amounted to 170,324 tons, an increase of 56.3/ compared to the previous month. By sending to main markets such as the United States, China, Canada, Hong Kong, Singapore, Australia, etc. The association expects that in December 2023, rice export volume will be at approximately 800,000-900,000 trees and it is expected that this year exports will exceed the previously expected target of 8.5 million tons because exporters have promises to deliver rice that still need to be rushed to deliver a large amount, together with leaders Important importers in Asia, such as Indonesia, Malaysia, the Philippines, Japan, as well as key markets in Africa, the Middle East, and America , still have demand for rice. Continuously selling both white rice, steamed rice, and fragrant rice to compensate for the decreasing domestic rice supply and reserve for use in the first quarter of 2024, along with the supply of Thai exportable rice is still sufficient and the price of Thai rice is still low. At a competitive level Therefore making the importer Rice turns to buying more Thai rice The price of Thai rice, white rice, is 5% of Thailand. However, as of December 27, 2023, it was at USD 659 per ton. Meanwhile, the price of 5% white rice in Vietnam and Pakistan is at 653-657 USD and 593-597 USD per tonne, respectively. The price of Thai parboiled rice is at 659 USD per tonne. while Indian parboiled rice and Pakistan were at 513-517 and 546-550 US dollars per ton, respectively, resulting in total rice exports during the 11 months (January-November 2023) with a volume of 7,945,767 tons, valued at 159,550.2 million baht (4,612.2 million US dollars). Volume increased 14.7% and value increased 28.9% c ompared to the period. Same year 2022 that exported a quantity of 6,924,919 tons worth 123,765.2 million baht (3,560.1 million US dollars) etc. Source: Thai News Agency