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Philippines imports 3.37 MMT of rice in November

MANILA, Philippines — The country has imported 3.37 million metric tons (MT) of rice in November, 34.14 percent more than the 2.51 million MT brought in in the same period  last year. Latest data from the Bureau of Plant Industry (BPI) showed that the  figure is  21.43 percent higher than the 2.77 million MT  that […]

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Thailand: IRPC expects petrochemical prices to rise

IRPC, the petrochemical arm of national oil and gas conglomerate PTT Plc, expects prices of petrochemical products, which hit a 10-year low, to increase early next year as Covid-19 eases. Kris Imsang, president and chief executive of IRPC, blamed the impact of lockdown measures, enforced during the pandemic, as well as the Russia-Ukraine war, which […]

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Thailand: MPI declines as factories close

Thailand’s Manufacturing Production Index (MPI) fell by 3.71% year-on-year in October as some factories shut down for maintenance, but the Industry Ministry remains optimistic about the growth of the full-year MPI. Major maintenance of petrochemical and plastic bead production facilities lowered the October index to 93.89 points, down from 97.89 points in September, according to the Office […]

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