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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Thiland export prices softer
GAIN, September, 2004
Export prices for most grades of rice slowed down due to weak new order demand. Also, the heavy shipment of parboiled rice to African countries has been completed, reducing demand for domestic white rice paddy for parboiled rice production. Moreover, most foreign buyers are reportedly waiting for the relatively cheaper Indian parboiled rice supply, which is coming out onto the market by the end of this month. In addition, the issuance of a press release last Friday of the deal between a Thai rice exporter (President Agri Trading Co., Ltd.) and a Swiss broker (Ascot Commodity NV) of a record 900,000 tons of 20% grade white rice for monthly shipment of 150,000 tons to African countries starting in October has not put any upward pressure on current prices. Most traders reportedly saw this deal forming since the sell-off in the government stocks to this exporter in the amount of 1.78 million tons last May. Export prices are reportedly expected to remain at these current levels, or to move in a narrow band for a while due to anticipated stagnated demand.

Unofficial exports (excluding fragrant rice) for Sep. 6-12, 2004 totaled 112,729 tons, up 16,515 tons from the previous week’s total and down 10,963 tons from the four-week moving average of 123,755 tons. Exports during Jan. 1 – Sep. 12, 2004 totaled 5,167,189 tons, compared with 3,405,805 tons during the same period in 2003.

According to the Department of Foreign Trade, Ministry of Commerce, total rice exports (including fragrant rice) during Jan. 1- Aug. 31, 2004, amounted to 6,346,883 tons, up 37 percent from 4,623,658 tons in the previous year.
MGR Archive 18.9.2004
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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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