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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Indonesia market prices increased
In the first week of March, wholesale prices for low quality rice were about $310 per ton, representing an increase of about 10 percent since the beginning of 2005, and about a 30 percent increase from lows during the last ma rketing year. Medium grade rice has experienced similar increases, while higher quality types have been more stable. These price movements are a normal phenomenon during this period of marketing year, as supplies gradually dwindle following the last harvest from the previous marketing year (Nov. ’04) and the onset of the next main crop harvest (late Feb ’05). This seasonal price increase has been somewhat more pronounced this year as abundant supplies in 2004 resulted in relatively low prices. The new main crop harvest has begun on Java, and as deliveries increase, reaching peak harvest in late March/early April, prices should decline. On March 1, 2005, the GOI increased fuel prices by an average of 30%, but so far this has had no measurable impact on rice prices.

Constructed duty-paid (duty is about $50/ton) prices from traditional Asian suppliers are still not competitive with local prices. Furthermore, with border officials recently subjecting imports of to increased scrutiny, attempts to skirt the import ban and evade paying the duty are unlikely.
MGR Archive 9.3.2005
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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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