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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Vietnam export prices offered higher
Vietnam export prices were offered USD3-4/mt higher from previous period when there is short of marketable rice quantity for new deals. Export prices guided from Viet Food Association (VFA) were around USD2/mt higher compare with offered prices.

Local paddy price was quoted at VND2,400/kg, VND50/kg higher from last period and VND150/kg higher compare with early December.

(Exchange rate is $1 equal to VND 15,782 as of December 31, 2004)

According to Ministry of Agriculture and Rural Development (MARD), on December 27, 2004, Viet Food Association reported that Vietnam rice export in 2004 is expectedly between 3.95 – 3.97 million metric tons. MARD also set the plan for rice production in 2005 is 36 million tons of paddy and rice export is range from 3.8 to 4.0 million tons. The total contractual quantity for 2005 is 0.5 million tons as of February 04, 2005.

Vietnam Rice Export Prices (FOB basis) for various grades: 5% - $ 240.57, 10% - $ 238.14, 15% - $ 236.00, 25% - $ 230.71.
MGR Archive 9.1.2005
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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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