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 Prices Up
Export and domestic prices increased by around 1-2 percent as parboiled rice millers are aggressively sourcing white rice paddy to fulfill contracts. In addition, the upward trend on market prices continued as enquiries for white rice remained strong.

Market Tone

Export and domestic prices increased by around 1-2 percent, particularly for white rice. The increase in domestic prices has been driven by rice millers aggressively sourcing parboiled white rice to fulfill contracts with shipment schedules during the beginning of next month. In addition, Iraqi buyers are seeking 100,000 – 120,000 tons of premium white rice. Thai exporters are additionally planning to participate in the June 6 Philippines tender of 300,000 ton of white rice. Last week’s government tender to sell 200,000 tons of 5% grade white rice from 2005/06 intervention stocks and 193,000 tons of fragrant rice from 2004/05 – 2005/06 intervention stocks had little impact on domestic prices as market prices continue to trend upward from the numerous recent enquiries from foreign buyers. However, bidding prices for the 2005/06 intervention stocks of white rice were lower than current market prices by around U.S. $30/MT due to quality concerns over the aging stocks.
MGR Archive 1.6.2007
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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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