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 rice prices continue to increase
Export prices for most grades of rice continued to increase sharply, due mainly to limited exportable supply. Exporters are reportedly facing some difficulties in securing rice supply for their current outstanding shipments, as farmers and local millers are holding stocks in anticipation of higher domestic market prices resulting from the government intervention program. Trade sources reported that most exporters were more cautious in making any deals, particularly for white rice, due to a limited exportable supply. Most new orders were reportedly confined to fragrant rice, as stocks remained high. Also, continued strengthening of the Thai Baht (to around 39.6 Baht/US$, as compared to the previous week’s average of 39.8 Baht/US$) has put upward pressure on export prices.

As of Nov. 29, 2004, the government bought 731,681 tons of paddy, of which 656,843 tons were white rice, and 74,825 tons were fragrant rice. The government planted to buy 9 million tons of MY 2004/05 main crop paddy during Nov. 1, 2004 – Feb. 28, 2004, including fragrant rice (5 million tons), white rice (3 million tons), and glutinous rice (1 million tons). As for MY 2003/04 main crop paddy, the government bought 2.4 million tons of paddy, including 2.1 million tons of white rice; 0.2 million tons of fragrant rice; and 0.05 million tons of glutinous rice.

Export (FOB) Prices for various grades of rice: F WR 100B $ 448.-, WR 100B $ 278.-, PB 5% $ 275.-, WR 5% $ 273.-, WR 10% $ 269.-, WR 15% $ 266.-.
MGR Archive 8.12.2004
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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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