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   

 Main Page
 Home Page of This Title
 Medium Grain Rice Market
 Global Market News
 Grain News
 Pulses News
 Global Overview
 Importers Profile
 Exporters Profile
 What Is Rice
 History Of Rice
 Rice Harvest Seasons
 Rice Processing
 Rice Nutrition Facts
 Meals With Rice
 INCO Terms
 US Rice Standards
 EU Codex Standards
 Egyptian Specs
 Sponsor List
 All Links
 Commodity Exchange
Search in news database
RI extends rice import ban until June
The government extended a ban on rice imports until June next year, as good harvests earlier this year have boosted rice stocks to a level sufficient to meet national demand, said a senior official on Tuesday.

"Based on a recommendation from the Ministry of Agriculture, the rice stock is still sufficient until June 2005, so we don't need to import rice," Minister of Trade Mari E. Pangestu told reporters.

Indonesia's unhusked rice output is estimated at 54.34 million tons this year, which can yield about 33.37 million tons of edible rice. Domestic consumption for husked rice has been estimated at 31 million tons.

Therefore, she said, if there is not an overly rapid growth in domestic consumption, the current rice supply should be enough to meet national demand.

This means that Indonesia has this year become self-sufficient for the first time since the 1980s.

In past years, the country imported about 1.8 million tons to 2 million tons of rice per year.

Previously, the government imposed rice import bans between January and July this year to protect domestic farmers before extending it for another six months until December, thanks to robust harvests between February and May.

For next year, the government set a target of unhusked rice output to stand at 54.25 million tons next year
MGR Archive 29.12.2004
Printer Friendly Version Of This Article
Send This Article To A Friend
User Name:
      Forgot your Password?
Region Type Price  
Russia Rapan $ 700
USA Jupiter Rice $630
USA Calrose #1 $830
USA Calrose #1 Paddy $480
EU Prices Baldo €660
Click for Details

Medium Grain Reports
Rice Market News
World Rice Markets and Trade
USDA Country Reports
Rice Market Monitor
Rice Outlook
Italian Paddy Supply
European Rice Weekly
EU Reports
Convert this amount:

  © 2002 All rights reserved. - Legal Notice