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LRI Wire

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@LiveRiceIndex

24 / 02 / 2017

LRI Report published! #Iraq expected to issue tender; #EU bans tricyclazole; Brokens prices soften sharply in #US. https://t.co/zRvFLxCjoY

@LiveRiceIndex

24 / 02 / 2017

#India: #Rice prices increase in Karnataka State by around 20% due to shortfall of production https://t.co/AaZcekkFVk

@LiveRiceIndex

24 / 02 / 2017

#Kenya: Revenue Authority seize 14 containers carrying #rice from #India at Mombassa Port destined for Uganda https://t.co/okp3Cmph6f

@LiveRiceIndex

24 / 02 / 2017

#Vietnam: #Rice prices forecast to be stable until the end of February amid low yields of Winter/Spring crop (Vn.) https://t.co/yLD5KPkbvq

@LiveRiceIndex

24 / 02 / 2017

#Philippines' government to improve climate resistant #rice varieties through precision breeding programmes, https://t.co/BmmXcwCz13

@LiveRiceIndex

24 / 02 / 2017

#Liberia seeks bilateral cooperation from #Laos to help with their efforts to acheive #rice self-sufficiency https://t.co/3Ky1XhwRnV

@LiveRiceIndex

24 / 02 / 2017

#Ecuador: #Rice crops flooded as Babahoyo River breaks banks following heavy rain (Sp.) https://t.co/XSyhTeJoUY

24 February 2017

24 / 02 / 2017

24 February 2017

Thai PB 100% STX is assessed up to US $362 PMT FOB as exporters cover shipments to Benin. We have lowered our...

@LiveRiceIndex

24 / 02 / 2017

#India: Punjab is exporting the region's precious water resources via #rice cultivation and exports https://t.co/6bqN8kZaP2

@LiveRiceIndex

24 / 02 / 2017

#Pakistan: 2.078 million MTS exported in first seven months of 2016/17 marketing year, down by 14.62% from last year https://t.co/ewt6bnItWQ

@LiveRiceIndex

24 / 02 / 2017

#Rice producers in Brazil expecting paddy prices to be BRL 40 - 50 per 60kg bag and yields to reach 7.7 MTS/ha (Pt.) https://t.co/WOjULRSlsw

@LiveRiceIndex

24 / 02 / 2017

Intermittent rains in #Uruguay delays start of harvest with demand from #Brazil expected to be lower this year (Sp.https://t.co/t0cCyH2aIR

@LiveRiceIndex

24 / 02 / 2017

#Vietnam: Exporters ask for amendments to #rice export regulations due to costs of applying for licence https://t.co/8JUSWAGUtB

Thailand

24 / 02 / 2017

Thailand

The Thai white rice market had a firm undertone this week following last week’s 200,000 MT sale to...

Vietnam

24 / 02 / 2017

Vietnam

Vietnamese white rice prices increased this week as exporters covered shipments to the Philippines and as supplies of...

Pakistan

24 / 02 / 2017

Pakistan

Local prices in Pakistan continued to soften this week for several reasons. Firstly, traders in the local market have...

South America

24 / 02 / 2017

South America

The LRI is expecting Iraq to issue a new tender for a minimum of 30,000 MTS on 26 February. Harvesting has commenced...

India

24 / 02 / 2017

India

The non-Basmati market was quiet this week as exporters focused on completing previously agreed sales and dealing...

U.S.A.

24 / 02 / 2017

U.S.A.

The LRI understands that the Iraqi Ministry of Trade will issue a global origin tender on Sunday. However, no tender...

Other Countries

24 / 02 / 2017

Other Countries

The European Commission has banned the use of the pesticide, tricyclazole, in European production. As a result, the...

Cambodia

24 / 02 / 2017

Cambodia

The white rice market in Cambodia was quiet this week as China’s COFCO covered its requirements for March...

Other Countries

24 / 02 / 2017

Other Countries

The National Development and Reform Commission has announced a reduction in the minimum support prices for rice in...

Other Countries

24 / 02 / 2017

Other Countries

The Indonesian government is planning to buy paddy directly from farmers in an attempt to prevent prices from falling...

Other Countries

24 / 02 / 2017

Other Countries

The LRI understands that the Iraqi Ministry of Trade will issue a new white rice tender for a minimum of 30,000 MTS...

Other Countries

24 / 02 / 2017

Other Countries

South Korea’s Ministry of Agriculture has announced that it will pay KRW 1.5 trillion (US $1.3 billion) as...

Other Countries

24 / 02 / 2017

Other Countries

The Ghanaian government has set a target of increasing 2017’s paddy production by 49% from last year to 1.02...

Other Countries

24 / 02 / 2017

Other Countries

The Zimbabwean government has removed a 15% value added tax (VAT) on basic commodities, including rice. The tax was...

Other Countries

24 / 02 / 2017

Other Countries

Japan’s Ministry of Agriculture, Forestry and Fisheries (MAFF) has announced a new MA tender for a total of...

Other Countries

24 / 02 / 2017

Other Countries

According to reports, Kazakhstan produced 447,800 MTS of paddy in 2016, 6.1% higher than in 2015. In December 2016,...

Other Countries

24 / 02 / 2017

Other Countries

Freight rates for both dry bulk vessels and containers have risen amid increased demand for shipping. The Baltic Dry...

Iraq expected to issue new tender

24 / 02 / 2017

Iraq expected to issue new tender

The LRI understands that the Iraqi Ministry of Trade will issue a new white rice tender for a minimum of 30,000 MTS on Sunday 26 February. All origins will reportedly be valid and further details...

Freight rates increase

23 / 02 / 2017

Freight rates increase

Freight rates for both dry bulk vessels and containers have risen amid increased demand for shipping. The Baltic Dry Index rose by 6% on Thursday to reach 856 points, with analysts pointing to a...

China update

23 / 02 / 2017

China update

The National Development and Reform Commission has announced a reduction in the minimum support prices for rice in the 2017/18 marketing year. The support price for early season Indica rice has...

Ghana update

23 / 02 / 2017

Ghana update

The Ghanaian government has set a target of increasing 2017’s paddy production by 49% from last year to 1.02 million MTS, as part of its upcoming ‘Planting for Food and Jobs’...

Indonesia update

23 / 02 / 2017

Indonesia update

The Indonesian government is planning to buy paddy directly from farmers in an attempt to prevent prices from falling below IDR 3,700 per kg (US $277.59 PMT), according to local reports. There is a...

@LiveRiceIndex

23 / 02 / 2017

#Rice grown in #Japan's Fukushima Province safe to eat with radioactive substances within standard limits https://t.co/EDN08sNypa

@LiveRiceIndex

23 / 02 / 2017

#Indonesia optimistic about meeting domestic #rice demand in 2017 without needing imports (Vn.) https://t.co/Ww9PMDaY8j

@LiveRiceIndex

23 / 02 / 2017

#India: Government app and electronic billing helping to prevent illegal siphoning of PDS #rice supplies https://t.co/gjpBql8G3H

@LiveRiceIndex

23 / 02 / 2017

#India: Nagpur Foodgrain prices 23 February; #Basmati #rice prices up on strong demand https://t.co/xbyMS5FkLQ

@LiveRiceIndex

23 / 02 / 2017

Higher shipping rates boosts Baltic Dry Index by 3.6% https://t.co/bCzV9WgiSn

23 February 2017

23 / 02 / 2017

23 February 2017

Prices of Southern U.S. broken rice have continued to soften sharply as demand remains thin and exporters lower their...

@LiveRiceIndex

23 / 02 / 2017

#India: Food output set for new record with rice estimated at 108.86 million MTS due to higher yields https://t.co/yOBBAbWuqg

@LiveRiceIndex

23 / 02 / 2017

#Vietnam: Dams built in Mekong Delta to prevent further saline water intrusion and protect Summer/Autumn #rice crop https://t.co/xfUZD254id

@LiveRiceIndex

23 / 02 / 2017

#Rice production in #Nigeria will reach 7 million MTS next year, says Agriculture Minister https://t.co/sPtT1jjIJX

@LiveRiceIndex

23 / 02 / 2017

#Brazil: #Rice prices fall by 2.2% on local market as market waits on new crop paddy arrivals (Pt.) https://t.co/9ZHRXVVM2l

@LiveRiceIndex

23 / 02 / 2017

Hurricane Matthew caused minimal damage to #Haiti's second #rice crop with 2016/17 production at 69,000 MTS https://t.co/E6rzGuZplB

E.U. reduces pesticide limit for tricyclazole

23 / 02 / 2017

E.U. reduces pesticide limit for tricyclazole

The European Commission has banned the use of the pesticide, tricyclazole, in European production. As a result, the Maximum Residue Limit (MRL) for tricyclazole has been reduced from 1mg/kg to...

South Korea update

22 / 02 / 2017

South Korea update

South Korea’s Ministry of Agriculture has announced that it will pay KRW 1.5 trillion (US $1.3 billion) as subsidies to rice farmers this year amid falling prices. Under the policy, the...

Kazakhstan update

22 / 02 / 2017

Kazakhstan update

According to reports, Kazakhstan produced 447,800 MTS of paddy in 2016, 6.1% higher than in 2015. In December 2016, paddy production reached 19,050 MTS, up by 20.7% from December 2015. Production...

Zimbabwe update

22 / 02 / 2017

Zimbabwe update

The Zimbabwean government has removed a 15% value added tax (VAT) on basic commodities, including rice. The tax was imposed earlier this month, despite complaints from the Grain Millers’...

@LiveRiceIndex

22 / 02 / 2017

#India: Nagpur Foodgrain Prices 22 February 2017; #rice prices stable https://t.co/ToFtuKfcF8

@LiveRiceIndex

22 / 02 / 2017

#Panama: #Rice producers say they have not been paid US $25 million for crop bought by Institute of Marketing (Sp.) https://t.co/OTsHXIkWfp

@LiveRiceIndex

22 / 02 / 2017

#Peru: Lack of rain and reservoir levels at just 50.4% of capacity threatens #rice harvest (Sp.) https://t.co/CdmYPRUSUS

@LiveRiceIndex

22 / 02 / 2017

#SouthKorea to pay KRW 1.5 trillion (US $1.3 billion) to #rice farmers in subsidies this year amid falling prices https://t.co/DkVBJEhTw0

@LiveRiceIndex

22 / 02 / 2017

#Thai govt. to begin seizing assets from former ministers to compensate for #rice pledging scheme losses https://t.co/qbLtxorxlu

@LiveRiceIndex

22 / 02 / 2017

#Vietnam Food Association expects #rice export prices to continue to fall this year as main crop arrives (Vn.) https://t.co/4VsocQgcwA

@LiveRiceIndex

22 / 02 / 2017

#Brazil: Conab to use electronic tagging to monitor #rice stocks and improve market information (Pt.) https://t.co/fz7iQBn5fg

@LiveRiceIndex

22 / 02 / 2017

Decline in #rice prices following increased competition welcomed by Solomon Islands' consumers https://t.co/gXtKig1lEx

22 February 2017

22 / 02 / 2017

22 February 2017

Thai PB 100% STX is assessed up by US $2 PMT to US $360 PMT FOB. Prices have firmed slightly as exporters cover a...

@LiveRiceIndex

22 / 02 / 2017

#Rice producers in #Europe ask for revision of import regulations from non-EU states as most imports duty-free (It.) https://t.co/6yRUqtGWeB

@LiveRiceIndex

22 / 02 / 2017

#US: Floods in Louisiana in August have damaged #rice seed needed for upcoming planting https://t.co/maIuGfhbDj

@LiveRiceIndex

22 / 02 / 2017

Dispute between #rice producers and mills over quality and imports in #Honduras creates 'commercial crisis' (Sp.) https://t.co/ZnjNmzFB68

@LiveRiceIndex

22 / 02 / 2017

#India: A record 44 million MTS of #paddy was procured by the government during the Kharif Marketing Season https://t.co/kMC654tWwC

@LiveRiceIndex

22 / 02 / 2017

#US: Despite improved water supply, farmers in California may plant less #rice and more corn this year https://t.co/XMrycIIhVg

Japan announces new MA tender

22 / 02 / 2017

Japan announces new MA tender

Japan’s Ministry of Agriculture, Forestry and Fisheries (MAFF) has announced a new MA tender for a total of 44,559 MTS of mostly long grain rice to be held on 28 February. See below for...

@LiveRiceIndex

21 / 02 / 2017

#Kazakhstan produced 164,000 MTS of #rice in 2016, 9% more than in 2015 https://t.co/vtQjorIF7U

@LiveRiceIndex

21 / 02 / 2017

#Senegal: Ziguinchor region will reach #paddy production target of 120,000 MTS this year, if rains are good (Fr.) https://t.co/xvF20cVOhK

@LiveRiceIndex

21 / 02 / 2017

#Vietnam: Rise in seawater level will submerge 50% of #rice fields in the Mekong Delta over next few decades https://t.co/QNm6tVa7dc

@LiveRiceIndex

21 / 02 / 2017

#Nigeria: Government to install 110 #rice milling machines around the country to boost production https://t.co/p0S8SFiFxs

@LiveRiceIndex

21 / 02 / 2017

#Vietnam: Rise in seawater level may submerge 50% of #rice fields in the Mekong Delta in next few decades https://t.co/Q0XfvTUEXv

@LiveRiceIndex

21 / 02 / 2017

#India: #Basmati #rice prices increase on the local market due to rise in demand https://t.co/h89TS9nE5p

@LiveRiceIndex

21 / 02 / 2017

#Brazil: As #rice harvest begins, sector beleives that 2017 will see recovery from crop failure last year (Pt.) https://t.co/OmgJVxzpac

21 February 2017

21 / 02 / 2017

21 February 2017

Vietnamese whole grain WR prices have been assessed up by US $2 PMT, with 5% WR assessed at US $348 PMT FOB. Prices...

@LiveRiceIndex

21 / 02 / 2017

#SriLanka's Commerce Minister says country has #rice stocks of 400,000 MTS, sufficient for current requirements https://t.co/sAzTsBfJYt

@LiveRiceIndex

21 / 02 / 2017

#Vietnam: #Rice prices are high on the domestic market so no need for temporary storage scheme this year (Vn.) https://t.co/uWqnbwIumC

@LiveRiceIndex

21 / 02 / 2017

#Brazil: #Rice exporters to meet delegation from #Mexico to discuss up to 400,000 MTS of sales per year (Pt.) https://t.co/SBrwdXZ0un

@LiveRiceIndex

21 / 02 / 2017

#Uruguay: freight forwarders threaten to strike during the upcoming #rice harvest due to increase in costs (Sp.) https://t.co/xIOvUjtWRu

@LiveRiceIndex

21 / 02 / 2017

#Indonesia to maintain #rice price above IDR 3,700 per kg (US $276 PMT) by buying crop directly from farmers https://t.co/ym1VcwEB90

Japan announces new SBS tender

21 / 02 / 2017

Japan announces new SBS tender

Japan’s Ministry of Agriculture, Forestry and Fisheries (MAFF) is to hold a Simultaneous-Buy-Sell tender for a total of 42,385 MTS on 3 March. In their previous tender on 8 February, MAFF...

@LiveRiceIndex

20 / 02 / 2017

#Ghana: Govt. sets ambitious target to increase #rice production by 49% to reach more than 1 mn. MTS in 2017 https://t.co/ASWvNUEQ1G

@LiveRiceIndex

20 / 02 / 2017

#Vietnam's #rice stocks were almost 1 mn. MTS at the end of January as exports fell by 25% in 2016 (Vn.) https://t.co/LqefCKAsXA

@LiveRiceIndex

20 / 02 / 2017

#Italy: #Rice industry supports proposed #EU duties against rice imports as "situation becomes untenable" (It.) https://t.co/bEfAJmL1sL

@LiveRiceIndex

20 / 02 / 2017

#Madgascar to import 60,000 MTS of #rice per month from Feb. - April 2017 to cope with lean season and drought (Fr.) https://t.co/J2fgPcki78

@LiveRiceIndex

20 / 02 / 2017

#Iran's #Basmati #rice price cap of US $850 PMT to pose major challenge to rice exporters https://t.co/ASoRwTtlky

20 February 2017

20 / 02 / 2017

20 February 2017

Vietnamese Fragrant 5% broken is assessed down by US $5 PMT to US $460 PMT FOB based on new market information. The...

@LiveRiceIndex

20 / 02 / 2017

#China lowers Minimum Support Prices for #rice with Japonica prices set at CNY 3 per kg (US $440 PMT) for 2017 https://t.co/FtAP4w30nI

@LiveRiceIndex

20 / 02 / 2017

#Brazil: #Rice growers in Santa Catarina State expect harvest to be 5-15% higher than last year (Pt.) https://t.co/rghz71R1j8

@LiveRiceIndex

20 / 02 / 2017

#Zimbabwe removes 15% VAT imposed on #rice at beginning of February following an outcry from stakeholders https://t.co/x9EJ8VPqmw

@LiveRiceIndex

20 / 02 / 2017

#USA: Northern California hit by flooding as canals and rivers break their banks following series of severe storms https://t.co/pXo3GbUVsb

@LiveRiceIndex

20 / 02 / 2017

#India: Rabi crop #paddy #rice planting in Telangana State increases fourfold from last year following good monsoon https://t.co/XdpTsdQTHo

@LiveRiceIndex

20 / 02 / 2017

#Vietnam aims to sell more high quality #rice as field yields 30% below last year may keep low quality prices high https://t.co/xyYot9frOU

@LiveRiceIndex

17 / 02 / 2017

#LRI Weekly Report published! #China buys #rice from #Thailand; #Indonesia hopes to export; Planting in #Australia https://t.co/FMG5DRIycQ

@LiveRiceIndex

17 / 02 / 2017

#Australia: Around 500 gigalitres has been delivered to Murray irrigation customers; 59% being used on #rice crops https://t.co/9aO76SDl6k

@LiveRiceIndex

17 / 02 / 2017

#Philippines: Palawan local government pledges to increase #rice planted area by 100,000 hectares https://t.co/J2RHUzQNtB

@LiveRiceIndex

17 / 02 / 2017

Man convicted in the #US of stealing #rice seed technology and providing it to #Chinese visitors https://t.co/tlO3R3Cafs

@LiveRiceIndex

17 / 02 / 2017

#India: #Iran's delay in resuming #Basmati #rice imports likely to hinder recovery in exports https://t.co/L8JTi0jICu

@LiveRiceIndex

17 / 02 / 2017

#Brazil: IRGA assists #rice farmers in combating Blast disease which causes loss of production (Pt.) https://t.co/7A33rBaKRm

@LiveRiceIndex

17 / 02 / 2017

#Rice diversity could be central to more productive crops says scientists https://t.co/SeOPHbNs9I

17 February 2017

17 / 02 / 2017

17 February 2017

Thai 5% WR assessed up by US $3 PMT to US $348 PMT FOB. WR prices have firmed following COFCO’s purchase of...

@LiveRiceIndex

17 / 02 / 2017

#US: #Rice policy and upcoming 2018 Farm Bill discussed at Southwest Ag Issues Summit https://t.co/YFOE3dkXkt

@LiveRiceIndex

17 / 02 / 2017

#SriLanka to set higher controlled prices for domestic #rice following refusal of millers to sell at lower level https://t.co/RdgpkcIvyL

@LiveRiceIndex

17 / 02 / 2017

#Myanmar exports 40,000 MTS of #rice in January, worth US $12 million, up from 17,694 MTS in December 2016 https://t.co/fPnAvNgDoG

@LiveRiceIndex

17 / 02 / 2017

#Cambodia: Only five low-interest emergency loans disbursed to #rice mills amid lack of demand https://t.co/RCTCEv61Ox

@LiveRiceIndex

17 / 02 / 2017

#Thailand: Hom Mali attracted the most interest in government's old crop #rice auction with 26.1% of bids https://t.co/Gz20QsQFGL

Other Countries

17 / 02 / 2017

Other Countries

The Bangladeshi Food Minister has stated that the government aims to procure 500,000 MTS of rice from the Aman crop,...

Other Countries

17 / 02 / 2017

Other Countries

The Indonesian Agriculture Ministry aims to export 100,000 MTS of rice this year, according to local reports. The...

Other Countries

17 / 02 / 2017

Other Countries

The Australian Bureau of Agricultural and Resource Economics and Sciences has estimated that total Australian planted...

Thailand

17 / 02 / 2017

Thailand

Thai white rice prices increased this week following a 200,000 MT sale of 5% broken white rice to China’s COFCO...

Vietnam

17 / 02 / 2017

Vietnam

The Vietnamese market had a soft undertone this week. White rice prices were supported in the first half of the week...

Pakistan

17 / 02 / 2017

Pakistan

Pakistani whole grain non-Basmati prices softened this week as local prices decreased slightly amid slow demand and...

Other Countries

17 / 02 / 2017

Other Countries

The FAO has estimated that Yemeni rice imports in 2016 totalled 420,000 MTS, 5% higher than in 2015, but 19.2% below...

Other Countries

17 / 02 / 2017

Other Countries

The Mexican and Paraguayan governments have come to a phytosanitary agreement for milled rice. This follows the...

Other Countries

17 / 02 / 2017

Other Countries

Five companies in Myanmar have been chosen by the Myanmar Rice Federation to supply rice to Sri Lanka through a...

U.S.A.

17 / 02 / 2017

U.S.A.

Long grain rice prices softened this week as pressure on exporters to accept lower bids increased. Demand for long...

Cambodia

17 / 02 / 2017

Cambodia

The Cambodian white rice market was assessed unchanged this week, with 5% broken white rice assessed at US $408 PMT...

South America

17 / 02 / 2017

South America

According to market participants, irregular weather patterns since September have caused delays to the new crop...

India

17 / 02 / 2017

India

The market in India was quiet this week as exporters focused on completing previously agreed sales. A total of...

Other Countries

17 / 02 / 2017

Other Countries

Italian Baldo prices increased significantly this week amid demand from Turkish buyers, with milled Baldo trading at...

Bangladesh update

16 / 02 / 2017

Bangladesh update

The Bangladeshi Food Minister has stated that the government aims to procure 500,000 MTS of rice from the Aman crop, which is currently being harvested. Procurement began on 1 December 2016 and...

@LiveRiceIndex

16 / 02 / 2017

#Nigeria: Rise in demand in Benue State leads to a shortage of #rice following closure of borders to imports https://t.co/lK8A5r7E2n

@LiveRiceIndex

16 / 02 / 2017

Milo Hamilton asks: 'Will cheap #rice prices permanently shrink the #U.S. industry?' https://t.co/cO894VEdAE

@LiveRiceIndex

16 / 02 / 2017

#Thai #rice auction of 2.87 million MTS attracts 73 bidders, mostly millers and exporters https://t.co/k5PVTTJwnW

@LiveRiceIndex

16 / 02 / 2017

#India: #Rice #Basmati prices fall by another INR 400 per 100 kg (US $60 PMT) amid slow demand and adequate stocks https://t.co/hA1LWfkIlE

@LiveRiceIndex

16 / 02 / 2017

#Mexico: #Rice producers seek to modernise the industrialisation of grain as government promises support (Sp.) https://t.co/gCFhYxs3Wt

16 February 2017

16 / 02 / 2017

16 February 2017

Thai PB prices have firmed following sales to buyers in West Africa and the Middle East and Thai PB 100% STX is...

@LiveRiceIndex

16 / 02 / 2017

#USA: Evacuation of areas downstream of Oroville Dam in California disrupts agriculture in major #rice growing area https://t.co/Rck0yfwtkJ

@LiveRiceIndex

16 / 02 / 2017

#India to produce a record 272 million MTS of food grains in 2016/17, with #rice production estimated at 108.86 MMTS https://t.co/50JyScbaXj

@LiveRiceIndex

16 / 02 / 2017

#Bangladesh: Food Minister says government will procure 500,000 MTS of milled #rice from current Aman crop https://t.co/Ussl6P2JTy

@LiveRiceIndex

16 / 02 / 2017

#USA: #Rice planting in 2017 expected to be around 1.2 million acres, down 20% from last year as prices are low https://t.co/1h2UWYueyw

@LiveRiceIndex

16 / 02 / 2017

#Bangladesh: Food Minister says #rice prices will not rise as only 37,000 MTS imported from #India in 2016 https://t.co/xGl1u6EUkG

COFCO makes further purchase of Thai rice

16 / 02 / 2017

COFCO makes further purchase of Thai rice

The LRI understands that China’s COFCO has purchased a further 100,000 MTS of Thai 5% broken white rice as part of the countries’ 1 million MT MoU, in addition to the 100,000 MTS it...

@LiveRiceIndex

15 / 02 / 2017

Smuggling of #rice from #Colombia to #Ecuador has falled to 96,000 MTS from 400,000 MTS in recent years (Sp.) https://t.co/L7FFP1Wrt7

@LiveRiceIndex

15 / 02 / 2017

New Jasberry #rice from #Thailand has found success both at home and at in the #US https://t.co/q0t1erpWzE

@LiveRiceIndex

15 / 02 / 2017

#SriLanka Minister promises there will be no #rice shortage in the country although drought has had impact on stocks https://t.co/HWSFz2FW2q

@LiveRiceIndex

15 / 02 / 2017

#India: Nagpur Foodgrain Prices 15 February https://t.co/umuGjb1soA

@LiveRiceIndex

15 / 02 / 2017

#Taiwan donates 5,600 MTS of #rice to #Haiti to provide relief from food shortages after Hurricane Matthew (Fr.) https://t.co/NMvcdYIcBl

@LiveRiceIndex

15 / 02 / 2017

#Vietnam plans to build large warehouses along border with #Cambodia to facilitate increased trade https://t.co/8vyDwUc8Bo

@LiveRiceIndex

15 / 02 / 2017

Flying drones in #Cambodia are helping to spot areas of plant stress and increase #rice yields by 10% https://t.co/XwPEB8lpn4

15 February 2017

15 / 02 / 2017

15 February 2017

Thai whole grain WR prices are assessed up by US $2 PMT, with 5% WR assessed at US $345 PMT FOB. Prices have firmed...

@LiveRiceIndex

15 / 02 / 2017

#Vietnam: 2017 forecast to be another difficult year for #rice exports amid strong competition (Vn.) https://t.co/Mb8E0x7z0Y

@LiveRiceIndex

15 / 02 / 2017

#India: #Basmati #rice prices fall by INR 100 per quintal (US $15 PMT) on local markets amid subdued demand https://t.co/gcs1pk9M0W

@LiveRiceIndex

15 / 02 / 2017

#Zimbabwe's #rice consumption has increased by 300% in nine years to 200,000 MTS per year as it becomes a staple https://t.co/nAfCTNWhE7

@LiveRiceIndex

15 / 02 / 2017

#Cuba's efforts to minimise #rice imports by increasing production has been affected by drought (Sp.) https://t.co/KxzwzWtdT2

@LiveRiceIndex

15 / 02 / 2017

#SriLanka: Government to impose seperate #rice price controls for locally produced and imported rice https://t.co/MKQS4um2jF

COFCO purchases Thai rice

15 / 02 / 2017

COFCO purchases Thai rice

The LRI understands that China’s COFCO has purchased 100,000 MTS of Thai 5% broken white rice for March – April delivery as part of the countries’ 1 million MT Memorandum of...

Indonesia update

14 / 02 / 2017

Indonesia update

The Indonesian Agriculture Ministry aims to export 100,000 MTS of rice this year, according to local reports. The government sent a shipment of 5,000 MTS of rice to Sri Lanka as aid this week as...

Yemen update

14 / 02 / 2017

Yemen update

The FAO has estimated that Yemeni rice imports in 2016 totalled 420,000 MTS, 5% higher than in 2015, but 19.2% below 2014 as limited foreign exchange has made financing imports difficult. Total...

Australia update

14 / 02 / 2017

Australia update

The Australian Bureau of Agricultural and Resource Economics and Sciences has estimated that total Australian planted area in the 2016/17 marketing year (April – March) increased by 273%...

@LiveRiceIndex

14 / 02 / 2017

#Kenya: Poor rainfall expected in March-May rainy season which could exacerbate current acute drought https://t.co/llw8Cf7qEQ

@LiveRiceIndex

14 / 02 / 2017

#India: Agricultural export earnings suffer 20% fall last FY amid stoppage of #Basmati #rice sales to #Iran https://t.co/20xacmQhuj

@LiveRiceIndex

14 / 02 / 2017

Farmers in the #US fret over possible trade war amid concern over President Trump's policy proposals https://t.co/PAsEEL8Z46

@LiveRiceIndex

14 / 02 / 2017

#Indonesia to send 5,000 MTS of #rice to #SriLanka to improve food security during ongoing drought https://t.co/4j8yI3Exh6

@LiveRiceIndex

14 / 02 / 2017

#SriLanka: #Rice millers call on govt. to release stocks in order to maintain retail price controls https://t.co/agdJ5j2ezF

14 February 2017

14 / 02 / 2017

14 February 2017

We have lowered our assessments of Pakistani whole grain WR and PB today. Prices have softened on the local market as...

@LiveRiceIndex

14 / 02 / 2017

#Philippines Dept. of Agriculture targets record #paddy harvest this year through using hybrid #rice seeds https://t.co/7EA6dqmpwO

@LiveRiceIndex

14 / 02 / 2017

#Indonesia's Agri. Ministry targets 100,000 MTS of #rice exports this year amid paddy production of 78 million MTS https://t.co/DpjUFxFB0g

@LiveRiceIndex

14 / 02 / 2017

While #Myanmar exports #rice to 70 countries, 70% goes to #China, mostly via border crossings https://t.co/hUBmrIRztF

@LiveRiceIndex

14 / 02 / 2017

#Philippines farm-gate #paddy prices up 3.32% and milled #rice prices up 1.47% from this time last year https://t.co/z6iJRjijD1

@LiveRiceIndex

14 / 02 / 2017

#Australia's 2016/17 #rice planting four times larger than last year with paddy crop expected to be 870,000 MTS https://t.co/U8P6V7sH1G

Paraguay and Mexico sign phytosanitary agreement

14 / 02 / 2017

Paraguay and Mexico sign phytosanitary agreement

The Mexican and Paraguayan governments have come to a phytosanitary agreement for milled rice. This follows the confirmation of phytosanitary requirements for paddy sales at the end of 2016. The...

@LiveRiceIndex

13 / 02 / 2017

#Thai govt.'s plans to hold old crop auction to sell all its #rice reserves concerns #Vietnam's exporters https://t.co/uBTemvM7Vd

@LiveRiceIndex

13 / 02 / 2017

#Paraguay: #Rice sees highest growth in export earnings at US $10.9 million in Jan. 2017, up 81.7% y-on-y (Sp.) https://t.co/5KCvXADT1j

@LiveRiceIndex

13 / 02 / 2017

#Myanmar signs Memorandum of Understanding to export 50,000 MTS of #rice to #SriLanka by June https://t.co/KHaOLenwIw

@LiveRiceIndex

13 / 02 / 2017

#India: Kerala Govt. creates INR 100 million (US $1.5 million) fund to purchase #rice from other states https://t.co/v8PeBCUv2U

@LiveRiceIndex

13 / 02 / 2017

Currency crisis in #Iran hits #India's Basmati #rice exports as #Iranian govt. reluctant to release dollars https://t.co/prYcCNawlT

@LiveRiceIndex

13 / 02 / 2017

#Nigeria's Dangote Group to launch a scheme to develop 25,000 hectares of #rice fields in Sokoto State https://t.co/cJzNkVXPYm

13 February 2017

13 / 02 / 2017

13 February 2017

We have increased our assessment of Pakistani 100% broken WR by US $1 PMT to US $316 PMT FOB based on a normalised...

@LiveRiceIndex

13 / 02 / 2017

#SriLanka: #Rice millers go on strike and halt sending rice to markets to protest maximum retail prices https://t.co/jbLPYJXznm

@LiveRiceIndex

13 / 02 / 2017

#Vietnam's government approves plan to develop a national #rice brand by 2020 to help boost exports https://t.co/WEQ4pwKiCy

@LiveRiceIndex

13 / 02 / 2017

Farmers in #Nigeria's River State call on government to invest in #rice mills to lower production cost https://t.co/sdEqLd1bwy

@LiveRiceIndex

13 / 02 / 2017

#Philippines #rice stocks at 2.77 million MTS, down 13.5% from this time last year and enough for 81 days https://t.co/6HhF9reG7C

@LiveRiceIndex

13 / 02 / 2017

Government in #Fiji committed to improve #rice production in order to reduce import levels https://t.co/8c8ZwGMjeG

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During the "2008 Rice Price Crisis", exceptionally high rice prices and extreme price volatility caught the attention of rice industry participants and policy?makers worldwide. As the scrutiny of commodity markets increases, transparency and integrity take on heightened importance as the LRI strives to enhance market confidence and efficiency.

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Transparency enables rice market participants to identify the true market value of a given rice variety and understand the market forces behind price movements.

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LRI Latest

In this week's report: Iraqi MoT expected to issue a new white rice tender on 26 February; The European Commission bans the pesticide tricyclazole; Brokens prices continue to soften sharply in the U.S. South.

17.02.2017: China's COFCO purchases 200,000 MTS of Thai white rice; Indonesian govt. hopes to export 100,000 MTS of rice in 2017; Australian planted area in 2016/17 estimated up by 273%.

10.02.2017: Col-Rice awards 68,940 MTS of import licences to U.S. companies; Tiryaki awarded 30,000 MTS of Argentine white rice in Iraq’s tender; Nigerian 2016/17 paddy output forecast to increase by 4% to 4.9 million MTS.

03.02.2017: Iraq's MoT makes no awards in global origin tender or U.S. private negotiations; Thai govt. announces an auction of 2.8 million MTS of old crop stocks; USDA forecasts Australia's paddy production at 850,000 MTS, up by 240% from last year.

27.01.17: Iraq receives offers from Asia and the Americas; Iran removes surcharge and reduces duty for rice imports to 5%; Thai off-season rice planting increases by 52% year-on-year as water supplies improve.

20.01.17: Uruguay sells 30,000 MTS of white rice to Iran in tender; Iraq issues global origin tender and is reported to have asked for offers from U.S. companies; Chinese import licences for 5.2 million MTS worth of rice have been released.

Info

Methodology

Thailand Fragrant
Thailand Glutinous
Thailand Parboiled
Thailand White
Pakistan Parboiled
Pakistan White
Pakistan Basmati
South America Parboiled
South America White
Vietnam Fragrant
Vietnam White
Cambodia Fragrant
Cambodia White
India Non-Basmati
Indian Basmati
USA Gulf Long Grain
USA Gulf Parboiled
USA California
Egypt