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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Vietnam - futur rice shipments approved by the PM
Indicative Price
Trader Quotes for Vietnam Rice Exports FOB basis, Week ending November 03, 2006
Quotes Average of Quotes
% Broken #1 #2 #3 #4 #5 #6 #7 Current Average Previous (Oct.27)
5 NA NA NA NA NA NA NA NA 289.43
10 NA NA NA NA NA NA NA NA 283.71
15 NA NA NA NA NA NA NA NA 278.86
25 NA NA NA NA NA NA NA NA 270.00

November 12, the Government suspended rice shipments in line with their policy of limiting exports to reduce domestic prices. Export prices are according unavailable. Further shipments must be approved by the Prime Minister on a case by case basis possibly through the rest of the calendar year. There are currently several vessels that were berthed at the loading ports when the suspension was announced. According to traders and local news papers, as of Nov. 15, the total rice tonnage awaiting loading was about 200,000 metric tons, of which, more than half is for shipping to Indonesia and Cuba.
Despite the export ban, paddy rose another VND100 compared with a week earlier, to VND3,100-3,200/kg on average. Some good quality paddy was quoted at VND3,500/kg.
The Exchange rate was up at $1 to VND16,088 as of November 10, 2006. This compared with previous week’s VND16,090.

Exports
The following are reported rice exports (metric tons) from November 04 to November 10, 2006.
Week ending Quantity 4-WK Avg. Year to date Year ago
Aug. 04 149,000 136,125 3,326,000 3,231,000
Aug. 11 46,000 110,750 3,372,000 3,389,000
Aug. 18 89,000 102,750 3,461,000 3,544,000
Aug. 25 113,000 99,250 3,574,000 3,760,000
Sep. 01 175,000 105,750 3,749,000 3,965,000
Sep. 08 25,000 100,500 3,774,000 4,041,000
Sep. 15 54,000 91,750 3,828,000 4,174,000
Sep. 22 47,000 75,250 3,875,000 4,257,000
Sep. 29 88,000 53,500 3,963,000 4,405,000
Oct. 06 30,500 54,875 3,993,500 4,430,000
Oct. 13 36,500 50,500 4,030,000 4,470,000
Oct. 20 130,500 71,375 4,160,500 4,548,000
Oct. 27 52,500 62,500 4,213,000 4,655,000
Nov. 03 186,700 101,550 4,399,700 4,748,000
Nov. 10 55,000 106,175 4,454,700 4,769,000
MGR Archive 26.11.2006
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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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