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 rocketed,
Export prices for most grades of rice rocketed in response to drought-triggered speculative demand, and continued strengthening of the Thai Baht. Local millers are reportedly holding stocks for speculative purposes, following market concerns over the official press release on the anticipated reduction in MY 2004/05 main paddy crop by 1.232 million tons (0.8 million tons milled equivalent) resulting from the drought. Trade sources reported that domestic prices were so volatile that both exporters and regular foreign buyers stayed away from the market. Also, continued strengthening of the Thai Baht (to around 39.9 Baht/US$, as compared to the previous week’s average of 40.4 Baht/US$) boosted the prices by about US$ 2/mt. So far, the impact of the Thai Baht appreciation (since the beginning of this month) has reportedly resulted in an increase of export prices by approximately US$ 5/mt. In addition, the recent official proposed increase in the intervention prices for fragrant paddy to 10,000 baht/ton (roughly US$ 250/ton) from the current intervention prices of 9,000 Bath/ton (roughly US$ 225/ton) supported domestic prices of fragrant rice.
MGR Archive 30.11.2004
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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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