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
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Rice growing countries to form their own cartel
They would endeavor to refine the quality of their rice harvest and promote better exports for their product.

This was stated by Chairman, Export Promotion Bureau Tariq Ikram, speaking at a dinner function arranged at the residence of member of the Rice Exporter Association of Pakistan (REAP), Mehboob Piracha.

The Chairman EPB said that the process of forming membership of the countries has begun. Talks between PM Shaukat Aziz and the Thai PM have also been conducted.

The group would include, Iraq, Afghanistan, India, Vietnam, Bangladesh, and Thailand among others.

He said that despite due to various factors of Iraq, Afghanistan wars, and terrorism in Pakistan, exports have shown an increased trend. Pakistan has earmarked a target figure of 100% by the year 2010.

He wants similar targets for all other exporters including those dealing in rice. He said that the target would be increased by about U$D 2.5 billion by the year 2010.

Among others who spoke included, Chairman REAP, Haji Majeed, Tariq Saeed, The presidential candidate for Karachi Chamber of Commerce Sultan Chowla, former Chairman , Rahim Jano, Mehboob Piracha, Haji Qasim Suleman and others.
MGR Archive 4.11.2005
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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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