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
VIETNAMESE RICE PRODUCERS LAND JAPANESE CONTRACTS
Asia Pulse, December 10, 2003
Vietnamese exporters have won a bid to sell 20,000 tonnes of rice to one the world's choosiest markets - Japan.

The Vietnam Food Association said this was the second time this year local rice exporters had made successful Japanese bids. With this latest order, exporters will have sent 30,000 tonnes of rice to Japan this year.

An Giang Export and Import Company (Agimex), Tien Giang Food Company and Hau River Farm landed the winning bids.
Agimex director Cao Minh Lam said it would ship 5,000 tonnes of rice to Japan last Saturday even though the delivery deadline was for late January next year.

Japan has awarded contracts to exporters in other countries as well to meet its 142,000 tonne order.

The General Statistics Office reported Vietnam had exported 3.9 million tonnes of rice to 23 countries by the end of this September, nearly meeting the country's annual target of 4 million tonnes.

However, the Ministry of Trade said a shortage of rice for export this month was worrisome. Just 100,000 to 120,000 tonnes was left for export to other countries.

The ministry said several local rice exporters have had to cancel contracts with foreign customers, as dwindling supply was driving up rice prices. The ministry reported prices were up roughly US$10 to 15 per tonne over prices early this year.

Prices aren't the only thing on the increase. The ministry reported domestic rice exporters had boosted market share in Africa this year, shipping 800,000 tonnes to that market, nearly double that of 2002.

The ministry expected markets in Africa would continue to grow. South Africa was seen as a point of entry for the country's rice to reach other countries such as Zambia, Zimbabwe and Mozambique.

Brazil, Chile, Russia, Turkey and Poland are new markets for Vietnamese rice this year.

Most rice, however, was sent to Asian countries and the US, said Le Hung Quoc, head of the Ministry of Agriculture and Rural Development's agricultural department.

Vietnamese rice accounts for roughly 11 to 16 per cent of world rice exports, earning the country nearly $1 billion each year. Since 1989, Vietnam has exported roughly 40 million tonnes of rice to more than 70 countries and territories.
MGR Archive 12.12.2003
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