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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Strong Demand for Viet Rice
Local paddy price have now increased for 3 weeks in a row. Strong demand from export markets has helped both local and export prices to rise. Rice exporters are now looking at deals that could allow Vietnam to meet its export target in 2006.

The local paddy price has increased VND50/kg over the past week and VND150/kg in the past 3 weeks. Strong demand from export markets has helped both local and export prices to rise. Rice exporters are now looking at some good opportunities to sell huge quantities of to their traditional markets where Vietnam has a price advantage. One is Indonesia, where the current need is estimated at around 500,000 Metric tons. According to exporters, the Indonesian deal, once achieved, will take almost all Vietnam exportable rice until the end of 2006. The Exchange rate was $1 to VND16,017 as of August 25, 2006. Last week’s rate was 16,010.
MGR Archive 10.9.2006
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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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