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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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Taiwan - third public rice tender failed, 4th tender announced
On September 27, the third public rice tender for 20,000 tons of brown median grain and 2,690 tons of milled short grain glutinous rice failed for the second time as bids exceeded the ceiling prices. Taiwan rescheduled the tender for October 7 for technical bids and October 11 for price bids. On September 21, Taiwan announced the fourth public rice tender for 17,000 tons of brown medium grain and 3,000 tons of brown long grain rice. The tender is scheduled for technical bids on October 5 and price bids on October 7. For the 17,000 ton brown medium grain tender, participants are allowed to submit a bit as small as 2,000 tons or as large as 17,000 tons.

There were three bidders participated in the brown medium grain tender and offered bidding prices ranged from US$512.65/mt (NT$17,058/mt) to US$509.92/mt (NT$16,967/mt). Two bidders participated in the milled glutinous short grain tender and offered bidding prices were US$799.42/mt (NT$26,600/mt) and US$832.66/mt (NT$27,706/mt), respectively, much higher than last awarded price at US$762.33/mt (NT$24,841.2/mt) for 310 tons.

(Exchange Rates are US$1 to NT$33.274 on September 27 and US$1 to NT$32.59 on September 7, 2005).


The Fourth Public Rice Tender Announced

On September 21, Taiwan announced the fourth public rice tender for 17,000 tons of brown medium grain and 3,000 tons of brown long grain. The tender is scheduled for October 5 for technical bids and October 7 for price bids. For the 17,000 ton brown medium grain tender, participants are allowed to submit a bit as small as 2,000 tons or as large as 17,000 tons in 1,000-ton increments.

1. Tender Invitation No.: GF4-940157
Rice Type: Brown Medium Grain Rice
Crop Year: 2005
Quantity: 17,000 mt
Technical Tender Date: October 5, 2005
Delivery Term: The rice needs to be delivered to the designated COA warehouses from October 21 to January 20, 2006.

2. Tender Invitation No.: GF4-940158
Rice Type: Brown Long Grain Rice
Crop Year: 2005
Quantity: 3,000 mt
Technical Tender Date: October 5, 2005
Delivery Term: The rice needs to be delivered to the designated COA warehouses from October 21 to December 20, 2005.
MGR Archive 28.9.2005
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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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