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 continued to increase
Market Tone

Despite steady domestic prices, export prices for all grades of rice continued to increase due to the strengthening of the Thai baht to 37.8 baht/U.S.$, as compared to around 38 baht/U.S.$ in the previous week. The fluctuation of the Thai baht created uncertainties for the rice exporters. Also, the current high domestic prices reportedly limited Thai quotations to compete with other suppliers. Domestic prices will likely remain high in the first half of the year, as the Government still has no plan to release the stocks, amounting to the record 5 million tons, because the new Government has not been set up yet. In addition, despite less aggressive second crop intervention program (Mar. 16 – Jul. 31, 2006), the Government bought up to 299,656 tons of paddy (as of Apr. 17, 2006), around half of total second paddy bought in the previous year’s second crop intervention program.
MGR Archive 30.4.2006
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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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