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 Steady-Up On Anticipated Indonesia Demand
Bangkok, Anticipated buying demand from Indonesia apparently kept Asian physical rice export prices steady to higher in Thailand and Vietnam Wednesday, exporters and traders said.
Indonesia's Industry and Trade Minister, Rini Soewandi, confirmed Wednesday that the government has decided to shelve a plan to temporarily ban rice imports this year.
Rini said no import limitations will be imposed as the main crop domestic harvest has already ended, and no further regulations are needed now.
"People are anticipating that Indonesia could come back in again to buy rice," said a trader at a rice exporting company in Thailand.
Boosted by anticipated demand from Indonesia, Thai 25% broken rice was offered higher Wednesday around $191 a metric ton, FOB, up from $188/ton Monday and from $180-$181/ton last week.
Thai 100% B grade rice and 5% broken was offered steady at $210/ton and $203-$205/ton, FOB, respectively.
As of June 27, Thailand had exported 3.20 million tons of rice, compared with 3.16 million tons in the same period in the previous year.
However, president of the Rice Exporters Association of Thailand, Vichai Sriprasert, said the current high prices of Thai rice could hurt the country's rice exports this year, and shipments may total only 6 million to 6.4 million tons, falling short of the government's target of 7.3 million tons.
Thai prices are markedly higher than those of Vietnamese and Indian rice, exporters said.
In Vietnam, 5% broken rice grade was offered Wednesday around $183/ton, FOB, while 25% was offered around $163/ton, FOB. Prices of both grades were unchanged from earlier this week.
Rice supply in Vietnam is still ample, preventing any rise in prices, a Vietnamese trader said.
In India, 25% broken rice was offered steady around $175/ton, FOB.
MGR Archive 3.7.2003
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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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