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
Tight supplies, stronger baht continue to push Thailand’s prices up
International News
Export prices for most grades of Thailand’s milled white rice (not including brokens) have increased $2-$5 per ton since early December.
Prices are up almost 19 percent since early October and are the highest since February 1999. The price increases since October are due to stronger prices this year for Thailand’s Government intervention purchases of its 2004/05 main crop, concerns over dryness in major rice growing areas in Thailand, a stronger Thai baht, and generally tight exportable supplies across much of Asia. Thailand’s 2004/05 intervention purchases of its main-season crop began on November 1.
Prices for Thailand's 100 percent Grade B (free on board vessel, Bangkok) were quoted at $288 per ton for the week ending January 3, up $4 from a month earlier. Prices for Thailand's 5 percent brokens were quoted at $283 per ton, also up $4 from early December. In contrast, prices for Thailand's low-quality (100 percent brokens) A-1 Special were quoted at $221 per ton for the week ending January 3, down $4 from a month earlier due to weak demand.
Like regular milled rice, price quotes for Thailand’s parboiled rice have increased since early December. For the week ending January 3, prices for Thailand's 5 percent parboiled rice were quoted at $286 per ton, up $3 from a month earlier. Prices for India’s 5 percent parboiled rice are about $15 per ton lower than Thailand’s. Price quotes for Thailand are from the U.S. agricultural counselor in Bangkok.
Vietnam's prices have remained stable over the past month. Prices are up about 12 percent from October due to a lack of new supplies until after the harvest of its winter-spring crop in February and March. Price quotes for Vietnam's 5 percent brokens (free on board vessel, Ho Chi Minh City) were reported in the Creed Rice Market Report at $240 per ton for the week ending January 4, unchanged from a month earlier. Prices are the highest since April. Vietnam’s rice is currently selling at a $40-$45 per ton discount to Thailand for similar grades of rice. U.S. prices for long grain milled rice are down from last week but unchanged from a month earlier. Prices have dropped sharply since June. For the week ending January 4, prices for high quality U.S. southern long grain (No. 2, 4 percent brokens, bagged, free on board vessel U.S. Gulf port) were quoted at $320 per ton, down $5 from late December but unchanged from a month earlier. U.S. price quotes have dropped almost $100 per ton since early June. U.S. prices (free on board vessel U.S. Gulf) are about $55-$60 per ton above prices for comparable grades of Thailand’s rice, down from almost $200 last spring. U.S. rice is typically competitive with Thailand’s rice with a $35-$50 per ton difference.
Price quotes for 2004-crop California medium grain rice (package quality, bagged, free on board truck at a California mill) for domestic sales were reported at $397 per ton for the week ending January 4, unchanged from a month earlier but down $88 from early October.
MGR Archive 20.1.2005
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