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 fragrant rice prices increased
Export prices for most grades of white rice remained unchanged, except prices for fragrant rice which continued to increase. Trade sources reported that domestic prices of white rice fell some because local rice traders and millers released stocks. However, the strengthening Thai Baht (to around 40.7 Baht/US$, as compared to the previous week’s average of 41.2 Baht/US$) totally offset a drop in domestic prices. Some foreign buyers reportedly resumed their trading activities. Export prices are expected to increase further in the next couple of weeks, following anticipated demand for white rice shipment for Iraq’s latest deal.

The surge in fragrant rice prices mainly reflected the government intervention program, where the intervention prices are set at 9,000 Baht/ton (roughtly US$ 220/MT), up from 7,000 Baht/ton (roughly US$ 167/MT) in the previous year. However, further increases in export prices will likely be limited, as major buyers, such as China, reportedly shifted to relatively cheaper Pahtumthani fragrant rice.
MGR Archive 15.11.2004
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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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