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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Thai Export prices for most grades of rice bounced back to late July’s level
Thai Export prices for most grades of rice bounced back to late July’s level, which is considered to be too high. The upward pressure on prices mainly reflected psychological effect from coming government intervention program, which will start on Nov. 1. The higher intervention pric es of around 1,300 Baht/ton (roughly US$ 32/MT) from the previous year’s prices attracted most local millers and traders to hold stocks. As a result, some exporters faced some difficulties in securing the pending shipments. However, as for major exporters, trade sources reported that they have already covered the outstanding contract, particularly for Iraq and Iran. The price surge reportedly dampened new order demand from foreign buyers, as global supply situation is more relaxed, following new crop supply from Vietnam and India. Also, at the moment, most exporters are more cautious in making a deal, mainly due to the concern over current price uncertainty. As a result, further price increase is expected to be limited.
MGR Archive 10.10.2004
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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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