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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Export ban on non-Basmati rice remains in place
Not much change to report here, except to reiterate that the export ban on non-Basmati remains in place, whilst Basmati and Variety 1121 rice exports are nearing record proportions. So far, prices have remained well above the MEP of $900 FOB, however, we may see that challenged as planting season approaches, moreover as we get closer to harvest (Sept.).
Up till now, most meteorological reports point towards a very promising monsoon season (second half May/June/July). The most recent forecast calls for another record production year in India (like ‘08) of around 100 million MT basis milled. Not much to report in Pakistan as export activity is limited to container shipments to East Africa and border trade, mostly with Iran. Paki prices are now mostly in line with the Viet market with IRRI-6 25% quoted at $350 per mt FOB Karachi; 5% is around $370.

MGR Archive 16.5.2010
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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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