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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20`000 mtones smuggled rice in Malaysia
Malaysian authorities have seized some 20,000 metric tons of rice worth 25 mln rgt smuggled in from Thailand, Pakistan, Myanmar and Vietnam, the New Straits Times reported.

The daily said that 12 containers of the contraband rice, which was smuggled into the country in several stages from late last year, were found at the Klang port terminal, west of Kuala Lumpur.

While the rice was originally intended to be brought into Indonesia, tighter monitoring in both countries forced the smugglers to try to market it locally, it said.

The scheme came to light when the culprits were detected transporting rice to other Malaysian states.

An agricultural official told the English-language newspaper that the state-linked firm Bernas is the only authorized importer of rice into Malaysia, where prices are controlled to protect domestic producers.

'Anything to do with rice, be it storage, transport, import or export requires authorization, a wholesaler's license and a permit issued by the padi and rice supervisory division,' rice supervisory division chief Ibrahim Muhamad was quoted as saying.

The paper said that police are investigating a Malaysian politician, several companies and foreign businessmen over the haul, which is believed to be the biggest in years.
MGR Archive 13.4.2006
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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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