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Thai rice prices rise as Jasmine rice reaches 17,000 baht

Thai rice prices rise as Jasmine rice reaches 17,000 baht

Prachachat•Economy•34m ago

Reader Briefing

Deputy Prime Minister Suphajee Suthamphan reports rising Thai rice prices and plans to propose stability measures to the National Rice Policy and Management Committee.

  • •Jasmine rice with 15% moisture has reached 17,000 baht per ton.
  • •Export prices for 5% white rice rose from 356 USD to over 510 USD per ton.
  • •Malaysia and the Philippines have increased their purchases of Thai rice.
  • •The full NBK meeting is targeted for late November or early December 2026.

Overview

  • •Suphajee Suthamphan reported that Thai rice prices have improved to levels satisfying farmers.
  • •Jasmine rice with 15% moisture reached 17,000 baht per ton, and 5% white rice export prices rose to over 510 USD per ton.
  • •Chokchai Settheewan stated that global food security concerns and increased demand from Malaysia and the Philippines have boosted exports.
  • •Suphajee Suthamphan urged the Ministry of Agriculture and Cooperatives to reduce production costs and expand the tailor-made fertilizer project.
  • •Chaiwit Buangam noted that while farmers are satisfied with current prices, there is a critical need to increase yield per rai and develop quality seeds.
  • •Banjong Tangjitwattanakul reported that prices for Jasmine rice, white rice, and sticky rice are all at very good levels.
  • •Suphajee Suthamphan will present discussion results to the full National Rice Policy and Management Committee (NBK) by late November or early December 2026.
  • •The proposed measures aim to maintain price stability leading into the 2027 production season.

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Source: Prachachat (Original)

Key Quotes

Suphajee Suthamphan
"Regarding the rice situation, we must take care of the entire system. What we are discussing today is the end-point: sales and price maintenance for consumers, mills, and farmers to ensure everyone has the best income, but we cannot overlook costs."
ในเรื่องการดูแลสถานการณ์ข้าว เราต้องดูแลทั้งระบบ สิ่งที่เราคุยกันในวันนี้เป็นเรื่องปลายทาง คือการขายและการดูแลราคา ทั้งผู้บริโภค โรงสี และเกษตรกร เพื่อให้ทุกฝ่ายมีรายได้ที่ดีที่สุด แต่สิ่งที่เราจะมองข้ามไม่ได้คือเรื่องต้นทุน

Key Entities

Person

Suphajee Suthamphan(ศุภจี สุธรรมพันธุ์)
Deputy Prime Minister and Minister of Commerce who chaired the NBK marketing subcommittee meeting.
Chokchai Settheewan(โชคชัย เศรษฐีวรรณ)
Vice President of the Thai Rice Exporters Association.
Chaiwit Buangam(ไชยวิทย์ บัวงาม)
Member of the National Farmers Council.
Banjong Tangjitwattanakul(บรรจง ตั้งจิตรวัฒนากุล)
President of the Thai Rice Millers Association.

Organization

Ministry of Commerce(กระทรวงพาณิชย์)ℹ️
The ministry responsible for market care and price stability of rice.
Ministry of Agriculture and Cooperatives(กระทรวงเกษตรและสหกรณ์)
The ministry urged to reduce production costs and increase yields per rai.
National Rice Policy and Management Committee (NBK) Subcommittee on Marketing(คณะอนุกรรมการนโยบายและบริหารข้าวแห่งชาติ (นบข.) ด้านการตลาด)
The subcommittee that met to monitor rice prices and exports.
National Rice Policy and Management Committee (NBK)(คณะกรรมการนโยบายและบริหารข้าวแห่งชาติ (นบข.))
The main committee that will consider the guidelines for managing the rice situation.
Thai Rice Exporters Association(สมาคมผู้ส่งออกข้าวไทย)
The association providing data on Thai rice export situations.
National Farmers Council(สภาเกษตรกรแห่งชาติ)
The organization representing farmers' views on production costs and income.
Thai Rice Millers Association(สมาคมโรงสีข้าวไทย)
The association reporting on paddy rice prices for various rice types.

Place

Malaysia(มาเลเซีย)ℹ️
A market that has returned to increasing purchases of Thai rice.
Philippines(ฟิลิปปินส์)ℹ️
A market that has returned to increasing purchases of Thai rice.

Policy

Tailor-made Fertilizer Project(โครงการปุ๋ยสั่งตัด)
A project aimed at reducing cultivation costs and increasing net income for farmers.