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 Situation
Market Tone Export and domestic prices for all grades of rice continued to increase, particularly for white rice. Prices of white rice reached a ten-year record high, up 7 percent from the previous week, reportedly fueled by speculative demand from local traders/millers and foreign brokers. Moreover, most exporters have no quotations for low-grade white rice as they are running short of broken rice supplies for 10%-35% grade white rice production. Broken rice has been largely diverted to domestic production of feed and rice based beverages.,

Foreign demand remains strong but Thai exporters will likely limit their sales to small-volume contracts of around 1,000 tons to avoid possible losses from price fluctuations. As a result, the Philippines’ tender to buy 550,000 tons of 25% grade white rice today will benefit Vietnamese suppliers. However, export prices of white rice are expected to ease in the next couple of weeks as the Government plans to release old-crop intervention stocks of white rice in the amount of 500,000 tons for the domestic and export markets next month. The ending intervention stocks should decrease to approximately 1.4 million tons.
MGR Archive 3.2.2008
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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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