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 market prices surged
Market Tone

Export prices for most grades of rice surged due to tighter exportable supplies. Most exporters are facing difficulties in sourcing rice for their pending shipments because the Government is still holding huge intervention stocks of around 6.8 million tons of paddy, of which 3.1 million tons were fragrant rice paddy and 3.7 million tons were white rice paddy. Meanwhile, some foreign buyers reportedly shifted to relatively cheaper rice from Vietnam and India. Indian parboiled rice is currently around U.S.$ 100/MT cheaper than Thai parboiled rice. Thai rice exporters expected that Thai rice exports will likely drop to around 7.0 million tons, far below the government target of 7.5 million tons because current prices of Thai rice are too high. Iranian buyers are reportedly expected to buy Thai white rice of around 400,000 – 500,000 tons, far below the anticipated demand of 700,000 – 800,000 tons, as they will likely shift to buy cheaper rice from other suppliers.
MGR Archive 26.6.2006
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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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