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   

 Main Page
 Home Page of This Title
 Medium Grain Rice Market
 Global Market News
 Grain News
 Pulses News
 Global Overview
 Importers Profile
 Exporters Profile
 What Is Rice
 History Of Rice
 Rice Harvest Seasons
 Rice Processing
 Rice Nutrition Facts
 Meals With Rice
 INCO Terms
 US Rice Standards
 EU Codex Standards
 Egyptian Specs
 Sponsor List
 All Links
 Commodity Exchange
Search in news database
Govt only to import 81,000 tons of Vietnamese rice
Jakarta Post
Due to a delay in filing the order, Indonesia will only be able to receive about 81,000 tons of rice from Vietnam, or about 75 percent of the 110,000 tons it had planned to import from the country, according to the State Logistics Agency (Bulog).

"The Vietnamese won't be able to supply all the 110,000 tons we require because we were a bit late in filing the import order," the head of Bulog, Widjanarko Puspoyo told Antara on Friday after witnessing the distribution of the subsidized rice in Indramayu district in West Java.

According to him, the imported rice would be dispatched by 10 ships to several major ports in Indonesia. Indonesia buys the rice from Vietnam at US$260 per ton, or at the same price as rice imported from the country in December.

The rice import has been widely criticized not only by non-governmental organizations but also by legislators who say that it will deal a blow to local farmers.

The farmers should be allowed to take advantage of the surge in rice prices to help them cope with the rising farming costs, they have said.

Non-governmental organization, the Institute for Global Justice (IGJ), for example, opposed the rice import, saying that the government had broken its promise.

The Agriculture Ministry said earlier that it would not import rice in 2006 in a bid to protect the rice farmers from a drop in prices.

Vice President Jusuf Kalla also said that the import was needed to help cope with the declining stocks and to keep the price at affordable levels.

Widjanarko said that the agency had failed to meet its rice procurement target from the farmers due to a decline in rice production.

Early this month, Trade Minister Mari Elka Pangestu said that Bulog's rice stocks were estimated to reach 868,000 tons by the end of January. If the newly imported rice is included the amount would reach 990,000 tons, slightly below the ideal level of one million tons.
MGR Archive 22.1.2006
Printer Friendly Version Of This Article
Send This Article To A Friend
User Name:
      Forgot your Password?
Region Type Price  
Russia Rapan $ 700
USA Jupiter Rice $630
USA Calrose #1 $830
USA Calrose #1 Paddy $480
EU Prices Baldo €660
Click for Details

Medium Grain Reports
Rice Market News
World Rice Markets and Trade
USDA Country Reports
Rice Market Monitor
Rice Outlook
Italian Paddy Supply
European Rice Weekly
EU Reports
Convert this amount:

  © 2002 All rights reserved. - Legal Notice