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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Drop of Thai prices
Export prices for most grades of rice discontinued their upward momentum, as the Thai Baht and domestic prices eased. The Thai Baht weakened to 39.7 Baht/US$, as compared to the previous week’s average of 39.4 Baht/US$. At the moment, export price variation is reportedly determined by exchange rates. Meanwhile, domestic prices leveled off, reflecting market corrections. However, current price levels remained high as a result of the government intervention program. Trade sources reported that some exporters were still reluctant to conclude deals due to their concerns over uncertain exportable supplies.

Unofficial exports (excluding fragrant rice) for Dec. 6-12, 2004 totaled 131,152 tons, down 33,803 tons from the previous week’s total and down 16,919 tons from the four-week moving average of 148,071 tons. Exports during Jan. 1 – Dec. 12, 2004 totaled 7,556,229 tons, compared with 4,936,160 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- Nov. 30, 2004, amounted to 9,262,501 tons, up 38 percent from 6,692,427 tons in the previous year.

Export (FOB) Prices for various grades of rice (USD/M.T.): F WR 100 B $ 451.-, WR 100 B $ 279.-, PB 5% $ 277.-, WR 5% $ 274.-, WR 10% $ 271.-, WR 15% $ 267.-, WR 25% $ 257.-, WR 35% $ 252.-, A 1 SUP $ 220.-, A 1 SPEC $ 218.-.
MGR Archive 15.12.2004
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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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