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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Vietnam rice: plentiful supplies pressure prices
HANOI , Plentiful supplies and an absence of export orders pressured prices of Vietnam rice on Wednesday, traders said.
"Many rice traders are willing to sell at low prices," said a trader in Ho Chi Minh City, adding that buyers were holding off placing orders on expectations prices would fall further.
Offers for Vietnamese 25 percent broken rice were quoted at $158-$159 a tonne, FOB Saigon Port, down from $160-$162 a week ago. Five percent broken rice fell to $179 a tonne, FOB basis, from $181-$182 last week.
Traders said the summer-autumn harvest, the second largest crop of the year, is at its peak, providing abundant supplies.
Vietnam grows three rice crops a year. Most of the grain from the winter-spring crop and part of the summer-autumn crop is used for exports.
The agriculture ministry has estimated the summer-autumn rice crop at 7.3 million tonnes versus 7.0 million a year earlier.
Local prices of fresh summer-autumn paddy eased this week to 1,500 dong (9.7 cents) per kg from 1,520-1,550 dong last week.
Four vessels are loading a combined 54,918 tonnes at Saigon Port this week for Cuba, Iran, Indonesia and Malaysia.
Four other vessels have completed loading 39,728 tonnes for Africa, Cuba, Malaysia and the Philippines.
The Food and Agriculture Organisation (FAO) has forecast Vietnam will export 3.9 million tonnes of rice this year, ranking number three after Thailand with 7.5 million tonnes and India with 4.2 million tonnes, state media reported.
MGR Archive 10.7.2003
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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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