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 remain stabel
Indicative Price (Week ending April 29, 2005)
Vietnam Rice Export Prices (FOB basis) for various grades
Grade % Broken Period Averages
#1 #2 #3 #4 #5 #6 #7 Current Average Previous (April 22)
5 256 256 255 255 256 256 256 255.71 257.71
10 254 254 253 253 254 254 254 253.71 255.71
15 250 250 250 250 250 250 250 250.00 251.71
25 246 246 246 246 246 247 247 246.29 248.29
Source: Average indicative prices from exporters

Export prices were stable during the week due to lack of fresh deals as, reportedly, buyers were waiting for more price declined from Vietnam market. However, according to exporters, prices are expected firming up in coming weeks because of unfavorable weather condition for the Summer-Autumn crop and the Philippines tender in May.

Local paddy were within VND2,300-2,400/kg, unchanged from previous week.

(Prevalent exchange rate is $1 equal to VND 15,833 as of April 29, 2004)

Exports
The following are reported rice exports (metric tons) from April 16 to April 22, 2005.
Week ending Quantity 4-WK Avg. Year to date Year ago
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
March 25 122,000 104,000 851,000 587,000
April 01 179,000 112,750 1,030,000 850,000
April 08 80,000 120,750 1,110,000 979,000
April 15 161,000 135,500 1,271,000 1,244,000
April 22 144,000 141,000 1,415,000 1,276,000
MGR Archive 8.5.2005
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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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