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
US market shares slipped on Taiwan Rice market
USDA, July 23, 2004
The U.S. market share for imported rice slipped below 50 percent primarily because temporary conditions. These include the scheduling of medium-grain rice tenders late in the year and the specification for milled glutinous and brown long-grain rice in some early public tenders. Since only 10 percent of the public rice has entered Taiwan, private sector imports have dominated the local trade so far this year.

As rice from the upcoming medium grain public tenders enters Taiwan, U.S. market share is expected to rise sharply. To give a more accurate picture of the Taiwan rice trade, two sets of tables are used in this report: One is based on actual total imports while the other combines the rice public tender contract results with private imports. The import-based tables illustrate what product has entered Taiwan while the contract-based tables more accurately reveal overall market share trends.

As of June 30, private sector imports totaled 34,000 mt on a brown rice basis, resulting in a 67 percent of quota fill rate so far in 2004. Egypt captured a 54.6 percent of the total private imports, followed by Thailand with 41.7 percent, the United States 3.2 percent and Japan, Australia and Italy taking a combined total of 0.5 percent.

According to trade sources, Egyptian rice has been especially popular with importers because it is approximately $100 cheaper per metric ton than U.S. rice and has a kernel size similar to Taiwan medium-short rice. The combination makes the Egyptian rice favored for blending with Taiwan rice -- and very profitable for local millers.

Glutinous rice accounted for 28 percent of total private imports because of the timing of the Dragon Boat Festival. The timing of the June 22 holiday before the first 2004 rice harvest increased imports of glutinous rice beyond normal levels. During most years, imports of glutinous rice are much lower because the Dragon Boat Festival comes after the rice harvest.
MGR Archive 25.7.2004
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