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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Thai Export prices remained high,
Market Tone Export prices remained high, up further from the week before the Chinese New Year Holiday, in line with strong domestic prices, resulting from the recent intervention stock release. The Government sold 623,713 tons of 5% grade white rice out of the proposed tender of around 710,000 tons of MY 2004/05 crop last week (more details in TH6014). The result of this tender put upward pressure on domestic prices, as President Agri Trading got around 466,630 tons, accounting for about 75 percent of total stock release (please see the table below). This company used to buy all the Government’s old stock (prior MY 2004/05 crops) in mid 2004 when new price trend began.

The current market remained quiet for white rice, as foreign buyers, particularly in the African market, were reportedly sourcing Vietnamese rice, except for Iraqi market to which Thai exporters are more dependable for the required quality and the delivery. Also, the parboil rice and broken white rice markets were quiet in response to the current slowdown in the import demand of African countries. Trade sources expected the return of parboil rice demand in the next couple of mo nths with strong competition from
MGR Archive 12.2.2006
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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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