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 Weekly Rice Update
Rice export prices continue to increase in conjunction with higher domestic prices due to end of Summer-Autumn Crop (S-A) harvest and limited rice supply availability. Estimate of exports in October is over 300 thousand metric tons.

Due to the completion of S-A crop harvest in the Mekong River Delta (MRD), Vietnam rice availability has became limited and domestic raw un-milled rice prices are soaring from VND 2,400-2,430/kg (in a week ago) to current level of VND 2,470-2,500/kg, a week-on-week increase of VND 50-100/kg (equivalent to USD 3-6/mt). As a result, current Vietnamese rice export offer prices remain at high levels as indicated in the table above. These levels are up around $2-3/mt from last week’s price and up about $5-6/mt compared with those of two weeks ago.

Vietnam’s rice market and trade is quite at present due to extremely high offer prices from exporters and absence of new buying inquires. Traders are not expecting any decrease in price in November and December 2003 as Vietnamese rice exporters have to fulfil outstanding contracts of 500,000 mt in the last quarter of 2003.

MGR Archive 4.11.2003
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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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