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Fierce competition from Vietnam and Cambodia dampens export of Thai Hom Mali rice

Fierce competition from Vietnam and Cambodia dampens export of Thai Hom Mali rice

13 Sept 23:19 Key points summarised by AI
  • Thai Hom Mali rice exports are projected to fall by 20% in 2019, as foreign buyers increasingly favor cheaper fragrant rice from Vietnam and Cambodia.
  • Competitors' rice offers significant price advantages, with Cambodian Hom Mali rice being US$200/tonne cheaper and Vietnamese fragrant rice priced at almost one-third of Thailand's, impacting key markets like Hong Kong.
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