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 Higher
Market Tone

Export prices continued to increase in line with the continued strengthening of the Thai baht (currently 35.8 baht/US$ VS. 36.0 baht/US$ in the previous week). Meanwhile, domestic prices are leveling off as more supplies of new crops are entering the market. In addition, the intervention stocks are expected to be released as early as within the current week, as the Government will likely call for further negotiations with participating companies. In the first round of the bidding last week, Chaiyaporn Rice offered the highest bidding at US $285-290/MT out of total four bidders for 5 percent grade white rice in the amount of 101,000 tons. The offer prices are currently lower than Government’s trigger price. In addition, C.P. Intertrade offered highest bidding prices at 12,500 – 14,100 baht/MT out of total four bidders for fragrant rice in the amount of 101,472 tons. Few exporters and millers reportedly participated in the tender, particularly those who are sourcing rice for current pending shipments.
MGR Archive 6.12.2006
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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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