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 Update
Market Tone

Export and domestic prices for all grades of rice continued to increase significantly by 3-5 percent due to tighter domestic supplies. Exporters are facing difficulties in securing rice supplies to fulfill outstanding contracts. Some are expected to incur losses, particularly for those who have short-sell positions, as domestic prices keep increasing dramatically over the past few weeks. Local millers and traders are holding stocks to speculate the market. At the moment, most exporters are reluctant to conclude large volume sales due to limited exportable supplies, particularly for parboiled rice, as many parboiled rice mills are reportedly oversold. However, enquiries from regular buyers in the Middle East, African and Asian countries remain strong as they expect tight global supplies this year. Meanwhile, sales from existing intervention stocks seem unlikely as a new cabinet has not yet been formed following the December 23 elections.
MGR Archive 27.1.2008
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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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