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
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Thailand bullish on rice exports as prices soften
Bangkok - Thai rice exports should hit ten million tonnes this year, because prices are falling away following record highs two months ago, said the Thai Rice Exporters Association in reports Saturday. Several countries, including Iran, Indonesia and Nigeria delayed ordering rice earlier this year from Thailand - the world's biggest exporter - as prices climbed.

The benchmark 100 per cent grade B white Thai rice reached 1,038 dollars a tonne in mid-May as big producers China, India and Vietnam curbed exports on fears of domestic food shortages. In 2007, Thailand's rice exports hit a historic high of 9.55 million tons, earning the country 3.6 billion dollars.

Over the last week export prices were down between 20 and 30 dollars a tonne and may weaken further as global production rises, said Sunny Verghese of Olam International told the Nation newspaper.

Vietnam is reported to be ready to supply more rice to the world market after previously pulling back exports and should reach its export target of up to 5 million tonnes this year, according to rice trade experts.

The Thai rice exports were 5.97 tonnes in the first six months, the exporters association in Bangkok said.
MGR Archive 9.7.2008
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Russia Rapan $ 700
USA Jupiter Rice $630
USA Calrose #1 $830
USA Calrose #1 Paddy $480
EU Prices Baldo €660
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