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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Thai rice prices lower due to weak baht
Further weakening of the Thai baht to around 41.4 baht/U.S.$ continued to ease export prices for most grades of rice. However, some exporters were reluctant to lower the prices, as current rates are considered to be volatile. Also, exporters expected upward pressure on prices next week, as foreign buyers who cannot secure rice from Vietnam will shift to Thai rice because the Vietnamese Government plans to restrict rice exports in excess of 3.8 million tons. So far, its rice export contracts have reportedly reached 3.8 million tons. In addition, the Thai Government still has no plan for the release of intervention stocks.


Indicative Prices (Week Ending Jul 4):

Thailand: Export (FOB) Prices for various grades of rice (USD/M.T.)
Exporter Observations Period Avg.
#1 #2 #3 #4 #5 #6 #7 CUR. PRV.
F WR 100 B 410 370 397 428 400 375 395 396 398
WR 100 B 287 287 292 286 286 285 282 286 288
PB 5% 277 284 286 285 280 283 280 282 283
WR 5% 282 282 285 281 279 278 277 281 282
WR 10% 277 274 281 279 276 275 272 276 277
WR 15% 263 271 273 277 264 263 267 268 269
WR 25% 253 258 257 274 251 251 262 258 259
WR 35% 250 253 - 269 249 249 257 255 256
A 1 SUP 212 213 - 211 211 211 208 211 212
A 1 SPEC 209 212 - 208 208 - 206 209 209
Source: Average actual prices received from exporters.
MGR Archive 7.7.2005
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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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