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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Exports prices for all grades of rice declined slightly in Thailand
Exports prices for all grades of rice declined slightly, as the Thai Baht rose slightly to around 40 Baht/US$ on Oct 20, 2003. Also, supplies of fragrant rice and white rice were reportedly excessive, reflecting recent stock releases of the government and from local traders. Meanwhile, fresh demand remained quiet. Trade sources reported that new orders from Brazil were constrained by the proposed payment conditions, which were too risky for Thai exporters to accept, as potential importers proposed to pay a deposit of only 20 percent. Recent meetings among the major rice exporting countries in Vietnam and a bilateral meeting between Thailand and Vietnam at the 2003 APEC Leaders Summit meeting in Thailand failed to bring more cooperation in sharing information and setting reference prices for rice exports. The increase in the current rice prices, particularly this year’s higher price levels for Thai rice, mainly reflect the supply shortage of Vietnam rice from its aggressive sales into the export market and the low level of Indian rice stocks.

Unofficial exports for October 6-12, 2003 totaled 84,977 tons, up 17,121 tons from the previous week’s total and down 13,160 tons from the four-week moving average of 98,137 tons. Exports during Jan 1- Oct 12, 2003, totaled 3,807,372 tons, compared with 4,598,544 tons (including fragrant rice) during the same period in 2002.

According to the Department of Internal Trade, Ministry of Commerce, total rice exports (including fragrant rice) during Jan 1 – Oct 8, 2003 amounted to 5,451,203 million tons, up 2.6 percent from the same period in 2002.

MGR Archive 27.10.2003
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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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