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 Winter-Spring crop slightly higer
Offers of Export prices were slightly firmed up due to strong demand from buyers, while harvest of the main Winter-Spring crop in the Mekong River Delta is nearly finished, Vietnamese farmers are trying to hold their stock to anticipate higher selling price.

Local paddy was slightly up and remain firm at VND2,250-2,350/kg. VND50/kg higher compare with previous week.

(Prevalent exchange rate is $1 equal to VND 15,818 as of March 25, 2004)

Due to prolonged drought, Summer-Autumn (S-A) crop in MRD will be planted 1 month later than normal in some provinces and the total planting area for S-A crop may be shrinked down by approx. 200 thousand hectares compare with previous years.

Vietnam Rice Export Prices (FOB basis) for various grades
Grade % Broken Period Averages
#1 #2 #3 #4 #5 #6 #7 Current Average Previous (Mar. 18)
5 264 264 265 265 265 265 266 264.86 262.29
10 260 260 260 262 262 262 262 261.14 259.43
15 256 256 256 258 258 258 258 257.14 254.86
25 252 252 253 253 254 254 254 253.14 250.86
Source: Average indicative prices from exporters

The following are reported rice exports (metric tons) from Mar. 12 to Mar. 18, 2005.
Week ending Quantity 4-WK Avg. Year to date Year ago
February 04 NA - NA 54,000
February 11 38,000 - 285,000 107,000
February 18 70,000 - 355,000 165,000
February 25 80,000 - 435,000 201,000
March 04 144,000 83,000 579,000 251,000
March 11 48,000 85,500 627,000 355,000
March 18 102,000 93,500 729,000 431,000
MGR Archive 30.3.2005
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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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