Developing Countries Will Lead Global Rice Import Growth in 2013-22, Says USDA Rice growers positive California MG prices are UP Russia MG Harvest coming to end Egypt open rice exports Vietnam’s rice export in tough competition with India Thai rice exports in May Rise Above Target This Year Viet-Nam Rice exports likely to fall this year
Australia Medium Grain Rice #1 $ N/A    Egypt 101 #2 $760    Egypt 178 #2 Rice $730    EU Prices Baldo €660    EU Prices LG-A Ariete 5% €550    EU Prices MG Lotto 5% €500    EU Prices RG Balilla 5% €500    Russia Rapan $ 700    USA Jupiter Paddy $375    USA Calrose #1 Paddy $480    USA Jupiter Rice $630    USA Calrose #1 $830   

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Asian Rice: Prices Unch-Dn; Thai Offers Far From Buyer's Level
Bangkok, Asian physical rice export prices were quoted steady to lower Friday in Thailand and Vietnam, with Thai offers for high quality grade grain slightly lower, but still far off the levels importers are seeking, exporters and traders said.
Only regular buyers in Africa including Nigeria, Senegal and Ivory Coast were taking parboiled rice and jasmine fragrant broken rice in "normal" quantities, said an executive at a rice exporting firm, adding no significant fresh deals have been heard done in the past few days.
Iran is still in the market probably to seek another 90,000 metric tons of rice, after purchasing 60,000 tons recently, exporters said. But Iran has been bargaining heavily with exporters for lower prices, they said.
"Iran hasn't yet made any new purchases...it has been bargaining to buy rice (100% B grade) at a price as low as $202/ton," said the executive, adding exporters will only sell around $206-$209/ton, FOB.
The baht depreciation Friday after the Bank of Thailand's surprise interest rate cut of 50 basis points led to slightly lower offers for Thai rice, exporters said.
The baht finished Friday at THB41.975 against the U.S. dollar, from THB41.62 at the Asian close Thursday.
Thai 100% B grade rice was offered Friday at $209 a ton, FOB, compared with $210-$211 earlier this week. 5% and 25% broken grades were also offered steady, at $205/ton and $180-$181/ton, FOB, respectively.
In Vietnam, prices were mostly steady though fresh deals were limited, a Vietnamese rice trader said.
Iran bought some 10,000 tons of Vietnamese rice recently, said the trader, though he wasn't able to provide more details.
Iran has increasingly been buying Vietnamese rice of 5% broken grade this year, though it mostly buys a better grade from Thailand, market participants said.
Iran may have wanted to try Vietnamese rice, as its quality has improved while prices are relatively lower than for Thai rice, participants said.
Vietnamese 5% broken rice was offered steady Friday at $183/ton, FOB, while 25% broken was also offered quite steady at $163/ton, FOB.

MGR Archive 28.6.2003
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Region Type Price  
Russia Rapan $ 700
USA Jupiter Rice $630
USA Calrose #1 $830
USA Calrose #1 Paddy $480
EU Prices Baldo €660
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