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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Thailand Rice Price Update
Market Tone
The Rice Price Committee announced on September 14, 2005 that President Agri Trading Co., Ltd. was a winner of the Government’s rice tender of 937,442 tons. An amount and prices of the tender are divided into 916,133 tons of 5% grade white rice at US$ 291/MT, 1,084 tons of 10% grade white rice at US$ 289/MT, and 20,225 tons of 25% grade white rice (super) at US$ 260/MT. These final prices remain the same as the bidding prices on September 13 although the Committee made an effort to negotiate with the company for higher prices. After the company declined to the request, the Committee finally agreed to accept the last call prices that are already US$ 3-5/ton higher than current market prices. According to Mr. Karun Kittisataporn, Permanent Secretary, Ministry of Commerce, the Government can make a profit of 838 million Baht (US$ 23 million) from this tender, which is worth of 11,023 million Baht (US$ 272.2 million). Trade sources reported that the higher bidding prices than market prices were translated into increased export prices this week. In addition, market prices for all grades are on an upward trend reflecting depleting old-crop rice supplies.
MGR Archive 23.9.2005
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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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