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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Taiwan Tender Results
Initial Offers per MT with 33.7 exchange rate: ADM, NT $17,975, US$533.38 Connell, NT $18,158, US$538.81 FRC, NT $18,042, US$535.37 All offerings exceeded the ceiling price set by Taiwan Council of Agriculture. Since ADM offered the lowest price, ADM had the sole right to re-offer. If its new offering dropped below the ceiling price, ADM can get rewards. But ADM gave up its right to re-offer and would like to go to the next step for Price Competition with other bidders. There will be 3 rounds of price competition. The new offerings from each bidder must be cheaper than the lowest offering in previous round. For example, each bidder must offer lower than $533.38 per MT in first round price competition in order to get qualified for second round. If your offering is above $533.38, COA will not ask you to join the second round price competition. And COA will only announce the cheapest offering in each Price Competition Round. For the first round of Price Competition, FRC offered the lowest at NT $17,744, US$526.53, but still exceeded ceiling price. In the second round of Price Competition, Connell offered the lowest at NT $17,583, US$521.75, but still exceeded ceiling price. In the last round of Price Competition, Connell offered the lowest and got rewards at NT $17,437.98, US$517.45. In the latest public tenders results, Connell got another reward at NT $17,247, US $511.78 per MT for 17,000 MT medium grain brown rice. FRC with Sumitomo got reward at NT $17,511, US $518.08 per MT with exchange rate at 33.8 for 10,000 MT.
MGR Archive 11.12.2005
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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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