Paddy moves up 1,000 baht/ton, mills watch as drought affects output

The mill president revealed after the annual general meeting indicates that drought needs to be monitored, affecting rice yields and prices Get the price of rice during this period. Rice can be sold at a good price. believe that it will not affect consumers, especially glutinous rice

On January 15, 2022, Mr. Rangsan Sabaimuang, President of the Thai Rice Mills Association, revealed that the 2021 Annual General Meeting on January 15, 2022 was a meeting of mills across the country. To monitor the progress of work, including the improvement of the regulations of the Rice Mill Association In addition, the meeting also reported the situation of rice prices and improved production to the meeting for acknowledgment.

From monitoring the situation, it was found that The output that comes out is due to less product in the market. As a result, the price continued to rise. averaged at 8,200-8,300 baht per ton of paddy, up from 7,000 baht per ton of paddy. but still short term This is because second rice production will come out during February to early March 2022, which will result in a weakening of rice prices in the market.

Rangsan Sabaimuang, President of the Thai Rice Mill Association

However, what remains to be observed from the current situation is the drought. which will affect rice yield and there is some pressure on rice prices in the market The relevant agencies may have to closely monitor and monitor the situation.

As for the trend in the case of glutinous rice prices with an increase average at 10,000-12,000 baht per ton of paddy because the rice market is in the hands of the farmers That brought out to sell rice only when the price of rice is high, so the price has moved up a bit. but believes that it has no effect on consumer rice prices And the good price of glutinous rice is good for farmers.

Read the original news: Paddy moves up 1,000 baht/ton, mills watch drought hit yields


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