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   

 Main Page
 Home Page of This Title
 Medium Grain Rice Market
 Global Market News
 Grain News
 Pulses News
 Global Overview
 Importers Profile
 Exporters Profile
 What Is Rice
 History Of Rice
 Rice Harvest Seasons
 Rice Processing
 Rice Nutrition Facts
 Meals With Rice
 Restaurants
 INCO Terms
 Ports
 US Rice Standards
 EU Codex Standards
 Egyptian Specs
 Sponsor List
 All Links
 Rice
 Grain
 Agriculture
 Commodity Exchange
 Weather
 Other
 Info
 Editor
 Advertisement
 Technical
Search in news database
Indonesia to receive 200,000 tons of Thai rice
Asia Times
JAKARTA - About 200,000 tons of rice imported under a counter-purchase deal with Thailand are expected to arrive in Indonesia in January or February, National Logistics Agency (Bulog) chief, Widjanarko Puspoyo, said on Thursday.

"The rice is imported based on a memorandum of understanding (MoU) between Indonesia and Thailand which was signed in mid-2002," he said.

Puspoyo said that the 200,000 tons of rice were part of the 400,000 tons covered by the MoU which were to be bartered with fertilizer, aircraft and train boxcars. Puspoyo said the remaining 200,000 tons would be imported at the end of 2004.

The Bulog chief said that the importation of the rice was carried out as part of a long term strategy.

"It is not carried out all of a sudden to face year-end holidays and next year's elections but to face the possible shortage of food or harvest failures," he added.

The imported rice will not be distributed to the market, so that it will not disturb rice prices at home, he added.

The contract for the rice purchase was signed before the fasting month of Ramadhan this year, with the agreed price of US$200 per metric ton.

The price of rice to be imported later this year has not yet been decided, Puspoyo said, adding that the import would not disturb rice harvests at home because it would be supplied to areas outside Java such as Belawan-Medan, Padang, Lhokseumawe, Kupang, Bitung, Balikpapan, Dumai and Palu.

MGR Archive 6.12.2003
Printer Friendly Version Of This Article
Send This Article To A Friend
User Name:
Password:
      Forgot your Password?
Region Type Price  
Russia Rapan $ 700
USA Jupiter Rice $630
USA Calrose #1 $830
USA Calrose #1 Paddy $480
EU Prices Baldo €660
Click for Details

Medium Grain Reports
Rice Market News
World Rice Markets and Trade
USDA Country Reports
Rice Market Monitor
Rice Outlook
Italian Paddy Supply
European Rice Weekly
EU Reports
Convert this amount:


Convert
  © 2002 All rights reserved. - Legal Notice