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@LiveRiceIndex

19 / 10 / 2018

#LRI Report Published! The #Philippines' National Food Authority received offers in its 18 October 25% broken white… https://t.co/j6bCFCSYl0

@LiveRiceIndex

19 / 10 / 2018

#Philippines: Pangasinan Province #paddy harvest 20% complete so far; production forecast to decline due to Typhoon… https://t.co/uSbxQiXDZp

@LiveRiceIndex

19 / 10 / 2018

#Brazil: Domestic #paddy prices declined by BRL 1.11 in October 2018 to BRL 45.64 per 50kg bag (Pt.) https://t.co/b8NwoWYgDa

Philippines local prices update

19 / 10 / 2018

Philippines local prices update

The average farmgate price of paddy in the Philippines decreased by 2.24% week-on-week and increased by 15.6% year-on-year to PHP 22.86 per kg (US $425.98 PMT) during the first week of October 2018,...

@LiveRiceIndex

19 / 10 / 2018

#Myanmar: Milled #rice exports totalled 3.5 million MTS last year, the highest in 70 years https://t.co/2WdsstNerf

@LiveRiceIndex

19 / 10 / 2018

#Nigeria: Sokoto State farmers estimated #paddy crop losses from floods at 61,198 MTS https://t.co/B7nKKxjYwE

19 October 2018

19 / 10 / 2018

19 October 2018

Brazilian 5% WR and PB 5% STX are both assessed up to US $495 PMT FOB FCL (+$10 PMT) based on bids and offers and...

@LiveRiceIndex

19 / 10 / 2018

#Nicaragua: Farmers express concern that the 2019 #paddy crop will be limited due to decreased import tariffs (Sp.) https://t.co/7QSCrAO3OJ

Bangladesh update

19 / 10 / 2018

Bangladesh update

The USDA has forecast Bangladeshi milled rice production in the 2018/19 marketing year (May – April) at 34.5 million MTS, representing a 5.79% increase year-on-year. Harvested area and the average...

Turkey update

19 / 10 / 2018

Turkey update

The USDA has forecast Turkey’s milled rice production in the 2018/19 marketing year (September – August) at 610,000 MTS. This represents a 17.3% increase year-on-year due to beneficial rainfall...

@LiveRiceIndex

19 / 10 / 2018

#Senegal: Tambacounda Region 2018 #paddy production estimated at 25,000 MTS, up by 56.3% year-on-year (Fr.) https://t.co/nzzQ9qSzGb

@LiveRiceIndex

19 / 10 / 2018

#Philippines: Government will begin to implement Suggested Retail Prices of PHP 37 – 47 per kg (US $689 – $875 PMT)… https://t.co/LBv1QAMAxJ

@LiveRiceIndex

19 / 10 / 2018

#USA: Milled #rice exports to the #EU expected to decline due to additional 25% tariff https://t.co/kMmkpbYy1M

@LiveRiceIndex

19 / 10 / 2018

#India: Punjab #paddy procurement estimated at 1.74 million MTS as of 17 October https://t.co/1PrUFdI5sQ

@LiveRiceIndex

19 / 10 / 2018

#Philippines: Congress proposes #Rice Industry Development Act to tackle food crisis https://t.co/iRJfAa4jbS

Thailand

19 / 10 / 2018

Thailand

The Thai market was quiet ahead of results from the Philippines’ National Food Authority’s 18 October...

Vietnam

19 / 10 / 2018

Vietnam

Three Vietnamese companies offered a total of 58,000 MTS of 25% broken white rice in the Philippines’ National Food...

Pakistan

19 / 10 / 2018

Pakistan

No offers of Pakistani rice were successfully submitted in the Philippines’ National Food Authority’s 18 October...

U.S.A.

19 / 10 / 2018

U.S.A.

Col-Rice awarded the full 15,881 MTS of Tariff Rate Quota import licences in its 11 October auction. The lowest winning...

South America

19 / 10 / 2018

South America

Brazilian rice prices continued to be supported by the strength of the Real against the U.S. Dollar ahead of the next...

Other Countries

19 / 10 / 2018

Other Countries

Italian farmers continued to hold on to stocks in anticipation of higher prices for many varieties due to lower milling...

Italy

19 / 10 / 2018

Italy

Italian farmers continued to hold on to stocks in anticipation of higher prices for many varieties due to lower milling...

Cambodia

19 / 10 / 2018

Cambodia

Cambodian exporters began to offer new crop Phka Malis after returning from last week’s holidays. We began our crop...

Myanmar

19 / 10 / 2018

Myanmar

There was a soft undertone to the Myanmar market as exporters lowered their offers ahead of new crop arrivals. However,...

Other Countries

19 / 10 / 2018

Other Countries

The FAO has estimated Malaysian 2018 paddy production at 2.87 million MTS, up by 1.06% year-on-year and 4.17% above the...

Other Countries

19 / 10 / 2018

Other Countries

Japan’s Ministry of Agriculture, Forestry and Fisheries awarded the full 60,000 MTS in its 19 October Minimum Access...

Other Countries

19 / 10 / 2018

Other Countries

The USDA has forecast Russian 2019 milled rice production at 630,000 MTS, a 2.33% year-on-year decrease. Both the...

Other Countries

19 / 10 / 2018

Other Countries

The USDA has forecast Bangladeshi milled rice production in the 2018/19 marketing year (May – April) at 34.5 million...

Other Countries

19 / 10 / 2018

Other Countries

The USDA has forecast Turkey’s milled rice production in the 2018/19 marketing year (September – August) at 610,000...

Egypt

19 / 10 / 2018

Egypt

Egypt’s General Authority for Supply Commodities will hold a tender for an unspecified amount of Grade #2 10% broken...

Other Countries

19 / 10 / 2018

Other Countries

The Philippines’ National Food Authority (NFA) received offers in its 18 October tender for a total of 250,000 MTS of...

India

19 / 10 / 2018

India

The Indian market was quiet, with many market participants out of the office for various regional holidays throughout...

Japan's MAFF MA tender results

19 / 10 / 2018

Japan's MAFF MA tender results

Japan’s Ministry of Agriculture, Forestry and Fisheries has awarded the full 60,000 MTS in its 19 October Minimum Access tender. Please see the table below for more details:

Egypt’s GASC announces tender

19 / 10 / 2018

Egypt’s GASC announces tender

The LRI understands that Egypt’s General Authority for Supply Commodities will hold a tender for an unspecified amount of Grade #2 10% broken short/medium grain white rice on 12 November. Companies...

Col-Rice auction results

19 / 10 / 2018

Col-Rice auction results

Col-Rice has awarded the full 15,881 MTS of Tariff Rate Quota import licences in its 11 October auction. The lowest winning bid was US $126.11 PMT (up from US $82.51 PMT in its 7 June auction) and...

@LiveRiceIndex

18 / 10 / 2018

#Uruguay: Scientists seek methods to repurpose agricultural waste, including #rice husk (Sp.) https://t.co/skf0C0QUGh

@LiveRiceIndex

18 / 10 / 2018

Global #rice production needs to increase by 25% over the next 25 years to meet demand https://t.co/kIIrbdK51X

@LiveRiceIndex

18 / 10 / 2018

#Brazil: Pará State passes law requiring pesticide information on all #rice packaging (Pt.) https://t.co/eusQqR2P79

@LiveRiceIndex

18 / 10 / 2018

#India: Basmati #rice exporters launch campaign to educate farmers on the use of pesticides https://t.co/DQFU602tRF

18 October 2018

18 / 10 / 2018

18 October 2018

We have continued our 10-day transitions to new crop pricing for our whole grain Indian WR and PB assessments. Indian...

@LiveRiceIndex

18 / 10 / 2018

#Philippines: Local #rice prices begin to decrease by up to PHP 5 per kg (US $93 PMT) as imports arrive https://t.co/acnhAQV1kR

Russia update

18 / 10 / 2018

Russia update

The USDA has forecast Russian 2019 milled rice production at 630,000 MTS, a 2.33% year-on-year decrease. Both the harvested area and the average field yield are expected to decrease to 185,000ha...

@LiveRiceIndex

18 / 10 / 2018

#Myanmar: Illicit cross-border #rice exports rice to #China 'pose a growing threat' to food security https://t.co/BMztt3LuHc

@LiveRiceIndex

18 / 10 / 2018

#India: #Paddy procurement in Khanna, Punjab estimated to have decreased by 81.8% year-on-year to 45,398 MTS as of… https://t.co/bW7kw9VnGT

Myanmar: Yangon Port loading update

18 / 10 / 2018

Myanmar: Yangon Port loading update

Three vessels were being loaded with a total of 51,200 MTS in Yangon Port yesterday (17 October), according to the Myanma Port Authority. Sexta (which berthed on 16 October) was being loaded with...

@LiveRiceIndex

18 / 10 / 2018

#FAO forecasts 2018 global #paddy production to increase by 1.3% year-on-year to 773 million MTS (Fr.) https://t.co/4xN6yiJwJh

@LiveRiceIndex

18 / 10 / 2018

#India: Punjab's Bathinda District's Kharif #paddy procurement estimated at 39,831 MTS as of 15 October https://t.co/rJd11eEfEg

@LiveRiceIndex

18 / 10 / 2018

#SouthKorean 2018 milled #rice production forecast to decrease by 2.4% year-on-year to 3.88 million MTS (Vn.) https://t.co/ACBRBQuSUi

Philippines' NFA receives offers in 18 October tender

18 / 10 / 2018

Philippines' NFA receives offers in 18 October tender

The LRI understands that the Philippines' National Food Authority has received the following offers in its 18 October tender for a total of 250,000 MTS of 25% broken white rice. The rice is required...

@LiveRiceIndex

17 / 10 / 2018

#Peru: Government fortifies #rice in efforts to reduce levels of anaemia in children (Sp.) https://t.co/2uPGLZMHpZ

Brazil: Rio Grande Port loading update

17 / 10 / 2018

Brazil: Rio Grande Port loading update

Rivelin was loading a vessel with 10,000 MTS of rice in Rio Grande Port on 16 October. A Casillo vessel loaded with 30,000 MTS is the only vessel to have left port so far this month.

@LiveRiceIndex

17 / 10 / 2018

Organisations including #IRRI and #FAO commit to efforts to increase average #paddy field yields and food security https://t.co/s8ErbUtLVW

@LiveRiceIndex

17 / 10 / 2018

#Japanese milled #rice exports to #China expected to increase due to authorisation of two new mills https://t.co/OCWlp0ONyq

@LiveRiceIndex

17 / 10 / 2018

#India: Punjab #paddy procurement estimated at 1.09 million MTS as of 14 October https://t.co/fuhsLKvT4t

17 October 2018

17 / 10 / 2018

17 October 2018

Some exporters in Pakistan have lowered their offers in reaction to this week’s currency and local market price...

@LiveRiceIndex

17 / 10 / 2018

#Argentina: Entre Ríos planted area forecast to decrease by 3% year-on-year to 60,000ha (Sp.) https://t.co/l4RD5VFBG1

Pakistan exports update

17 / 10 / 2018

Pakistan exports update

Pakistani milled rice exports in September 2018 declined by 16.3% year-on-year and by 25.6% month-on-month to 155,512 MTS, according to the Pakistan Bureau of Statistics. Of this total, Basmati rice...

Philippines production and planting update

17 / 10 / 2018

Philippines production and planting update

The Philippine Statistics Authority lowered its forecast for Q3 2018 paddy production by 2.11% to 3.32 million MTS on 1 September, which represents a 4.13% decrease year-on-year. Harvested area and...

@LiveRiceIndex

17 / 10 / 2018

#India: Chandigarh District Commissioner reports #paddy straw burning in 27 out of 489 villages https://t.co/KTxx3SASwr

@LiveRiceIndex

17 / 10 / 2018

#Philippines: Experts express concern about balance between new #rice tariffs and unrestricted imports https://t.co/c7yUD452kY

@LiveRiceIndex

17 / 10 / 2018

#Thailand: Value of milled #rice exports between January – August 2018 estimated at THB 115.71 billion (US $3.54 bi… https://t.co/qpO1Zxugbi

@LiveRiceIndex

17 / 10 / 2018

#India: Volume of #paddy in warehouses in Punjab decreased by 64.8% year-on-year to 1.46 million MTS as of 14 Octob… https://t.co/Dr7w31fVHv

@LiveRiceIndex

17 / 10 / 2018

#Philippines: Government proposes to allow grain retailers to import up to 100,000 MTS of #rice https://t.co/nj0vgLhdb9

USA exports update

16 / 10 / 2018

USA exports update

U.S. paddy, milled and brown rice exports in the 2018/19 marketing year (August – July) totalled 450,970 MTS as of 4 October, up by 10.6% year-on-year, according to the USDA. Mexico imported the...

@LiveRiceIndex

16 / 10 / 2018

#Senegalese government expects country to reach #rice self-sufficiency in 2019 (Fr.) https://t.co/K69gImIhrB

@LiveRiceIndex

16 / 10 / 2018

#Myanmar's cross border #rice exports to #China via Muse decreased due to high moisture levels https://t.co/07mnYvNcMG

@LiveRiceIndex

16 / 10 / 2018

Global #rice consumption forecast to increase to 525 million MTS in 2050 https://t.co/xBzxvxgLTD

@LiveRiceIndex

16 / 10 / 2018

#Brazil: Above average rainfall expected to reduce #paddy planting by an average of 10% in Rio Grande do Sul and Ca… https://t.co/eqNhpvR4W8

16 October 2018

16 / 10 / 2018

16 October 2018

Thai 25% WR is assessed up to US $370 PMT FOB (+$3 PMT) as exporters are no longer willing to accept lower bids ahead...

@LiveRiceIndex

16 / 10 / 2018

#Philippines: Local prices stabilise ahead of harvest season; government allocates PHP 6.7 billion (US $123.9 milli… https://t.co/vjRWJuiAaM

Pakistan water supply and harvesting update

16 / 10 / 2018

Pakistan water supply and harvesting update

According to the National Space Agency of Pakistan, non-Basmati rice is currently being harvested or in the latter stages of development and Basmati rice is still in the formation/filling stages of...

@LiveRiceIndex

16 / 10 / 2018

#Vietnam: Government issues Decree 107, removing requirement for #rice exporters to have a minimum storage capacity… https://t.co/UILH0jggVY

@LiveRiceIndex

16 / 10 / 2018

#Mali: #Paddy production in Ségou Region forecast at 858,000 MTS (Fr.) https://t.co/gfBGjgGdpG

@LiveRiceIndex

16 / 10 / 2018

#Philippines: Agriculture Secretary Piñol states President never ordered ‘unimpeded’ #rice imports; he ordered ware… https://t.co/3IE1LTy9vM

@LiveRiceIndex

16 / 10 / 2018

#India: Cyclone Titli rainfall damages #paddy crops in Odisha State https://t.co/fVAuYQhbEn

@LiveRiceIndex

16 / 10 / 2018

#India: Punjab #paddy procurement estimated at 896,357 MTS as of 13 October https://t.co/vARBtaXUYF

Myanmar exports update

16 / 10 / 2018

Myanmar exports update

Myanmar’s milled rice exports totalled 1.3 million MTS (including broken rice) in April – September 2018, which are valued at US $391 million, according to the Myanmar Rice Federation cited in...

@LiveRiceIndex

15 / 10 / 2018

#India: Former Chief Minister proposes alternative solution to #paddy straw burning to the government https://t.co/yT4kLsKYPY

@LiveRiceIndex

15 / 10 / 2018

#Vietnam seeks to increase #rice exports to #Africa (Fr.) https://t.co/2OGJXN4ce5

@LiveRiceIndex

15 / 10 / 2018

#Brunei signs MoU with #Myanmar to boost #rice production https://t.co/GoNzHRHshr

15 October 2018

15 / 10 / 2018

15 October 2018

Vietnamese 100% broken WR is assessed up to US $350 PMT FOB (+$5 PMT) as lower offers are no longer available ahead of...

Malaysia update

15 / 10 / 2018

Malaysia update

The FAO has estimated Malaysian 2018 paddy production at 2.87 million MTS, up by 1.06% year-on-year and 4.17% above the five-year average. This is a result of a record planted area, with planting...

Japan's MAFF announces MA tender

15 / 10 / 2018

Japan's MAFF announces MA tender

Japan’s Ministry of Agriculture, Forestry and Fisheries will hold a Minimum Access tender for a total of 60,000 MTS on 19 October. For more details, please see the table below:

Brazil planting and production update

12 / 10 / 2018

Brazil planting and production update

CONAB forecasts Brazilian planted area in the 2018/19 marketing year (April 2019 - March 2020) at 1.85 - 1.97 million hectares, a decline of 6.38% and an increase of 0.21% respectively year-on-year....

12 October 2018

12 / 10 / 2018

12 October 2018

Thai 100% Grade B, 5%, 10% and 15% WR are all assessed down by US $2 PMT, with 5% WR assessed down to US $388 PMT FOB...

Philippines local prices update

12 / 10 / 2018

Philippines local prices update

The average farmgate price of paddy in the Philippines decreased by 2.05% week-on-week and increased 16.54% year-on-year to PHP 22.41 per kg (US $414.29 PMT) during the fifth week of September 2018,...

Thailand production update

12 / 10 / 2018

Thailand production update

According to local reports citing the Ministry of Commerce, Thai Hom Mali fragrant paddy production is forecast to decline by 10% year-on-year to around 6.84 million MTS. Irregular rainfall has...

India stocks update

12 / 10 / 2018

India stocks update

Rice stocks in the Food Corporation of India’s Central Pool totalled 20.29 million MTS as of 1 October, representing a 14.1% month-on-month decrease and a 12.5% year-on-year increase. Of this...

India water supply update

12 / 10 / 2018

India water supply update

Water levels in India’s 91 major reservoirs totalled 118.3 billion cubic metres as of 11 October, according to the Ministry of Water Resources, River Development and Ganga Rejuvenation. This...

Thailand

12 / 10 / 2018

Thailand

The Thai market was quiet, with many market participants away for a conference. Prices were supported by anticipated...

Pakistan

12 / 10 / 2018

Pakistan

The Pakistani Rupee depreciated by 7.7% against the U.S. Dollar between 5 – 11 October. This was attributed to a...

U.S.A.

12 / 10 / 2018

U.S.A.

We concluded our crop transition for U.S. #2, 4% broken white rice, which closed the week assessed down to US $495 PMT...

South America

12 / 10 / 2018

South America

The Brazilian Real appreciated by 4.38% against the U.S. Dollar since Friday (5 October) to BRL 3.71 at 03:00 UTC on 10...

India

12 / 10 / 2018

India

Many Indian market participants were away at a conference during the second half of this week and trade was slow as a...

Other Countries

12 / 10 / 2018

Other Countries

Despite improved supply, Italian prices are being supported by extremely low carryover stocks, lower than average...

Italy

12 / 10 / 2018

Italy

Despite improved supply, Italian prices are being supported by extremely low carryover stocks, lower than average...

Cambodia

12 / 10 / 2018

Cambodia

The Cambodian market was extremely quiet as market participants were away for public holidays on Monday – Wednesday...

Vietnam

12 / 10 / 2018

Vietnam

A total of 12 bidders participated in the pre-bid conference for the Philippines’ National Food Authority’s (NFA)...

Myanmar

12 / 10 / 2018

Myanmar

A total of 12 bidders participated in the pre-bid conference for the Philippines’ National Food Authority’s (NFA)...

Other Countries

12 / 10 / 2018

Other Countries

According to its Review of Maritime Transport, the United Nations Conference on Trade And Development (UNCTAD)...

Other Countries

12 / 10 / 2018

Other Countries

The Saudi Food and Drug Authority (SFDA) is not expected to adopt the E.U.’s Maximum Residue Limits (MRLs) for...

Other Countries

12 / 10 / 2018

Other Countries

Kazakhstan’s milled rice exports totalled 51,600 MTS between January – July 2018, a decrease of 10% year-on-year,...

Other Countries

12 / 10 / 2018

Other Countries

The Iranian Government Trading Corporation has received the following offers in its 9 October tenders for at least...

Other Countries

12 / 10 / 2018

Other Countries

Japan’s Ministry of Agriculture, Forestry and Fisheries (MAFF) will hold a Simultaneous-Buy-Sell tender on 26 October...

Other Countries

12 / 10 / 2018

Other Countries

The Philippines’ National Food Authority (NFA) will hold two further government-to-private tenders on 24 October and...

Philippines procurement update

11 / 10 / 2018

Philippines procurement update

The Philippines’ National Food Authority (NFA) has set its 2018 paddy procurement target at 130,000 MTS, according to local reports; 3,898 MTS (2.99%) were procured as of the end of September. The...

11 October 2018

11 / 10 / 2018

11 October 2018

Despite a 8.2% depreciation of the Pakistani Rupee against the U.S. Dollar since yesterday (10 October), whole grain WR...

Kazakhstan exports, imports and production update

11 / 10 / 2018

Kazakhstan exports, imports and production update

Kazakhstan's milled rice exports totalled 51,600 MTS between January – July 2018, a decrease of 10% year-on-year, according to local reports. These exports were valued at an estimated US $14.6...

India update

11 / 10 / 2018

India update

The USDA has forecast Indian milled rice production in the 2018/19 marketing year (October – September) at 111 million MTS, down by 1.69% year-on-year. An anticipated increase in harvested area to...

Cambodia update

11 / 10 / 2018

Cambodia update

The USDA has forecast Cambodian 2018 milled rice production at 5.55 million MTS, up by 5.67% year-on-year due to anticipated favourable weather conditions and improved water supply. Harvested area is...

KCCO amends date for 16 October domestic tender

11 / 10 / 2018

KCCO amends date for 16 October domestic tender

The U.S. Kansas City Commodity office has amended the date of its 16 October domestic tender, which will now be held on 23 October. Please click here for more details.

USDA releases its latest WASDE and Crop Production reports

11 / 10 / 2018

USDA releases its latest WASDE and Crop Production reports

The USDA has raised its forecast for 2018/19 global milled rice supply by 900,000 MTS in its latest WASDE report. Anticipated increases in production in India (+1 million MTS) and Madagascar...

Taiwan tender results

11 / 10 / 2018

Taiwan tender results

Taiwan’s Council of Agriculture (CoA) purchased 6,000 MTS of U.S. milled medium/short grain rice at a price of US $717.65 PMT in its 27 September tender, according to the USDA. Delivery is required...

Philippines' NFA announces two further tenders

11 / 10 / 2018

Philippines' NFA announces two further tenders

The LRI understands that the Philippines' National Food Authority (NFA) will hold two further government-to-private tenders on 24 October and 20 November for 250,000 MTS each. As a result, the NFA is...

Brazil: Rio Grande Port loading update

10 / 10 / 2018

Brazil: Rio Grande Port loading update

No vessels are being loaded with rice in Rio Grande Port today (10 October). A Casillo vessel loaded with 30,000 MTS is the only vessel to have left port so far this month.

10 October 2018

10 / 10 / 2018

10 October 2018

Indian 5% WR is assessed down to US $385 PMT FOB (-$10 PMT) as exporters attempt to sell remaining stocks ahead of new...

Brazil update

10 / 10 / 2018

Brazil update

The USDA has forecast Brazilian milled rice production in the 2018/19 marketing year (April 2019 – March 2020) at 8.16 million MTS, down by 0.58% year-on-year. Harvested area and the average field...

Philippines’ NFAC approves DTI’s proposal to import 350,000 MTS

10 / 10 / 2018

Philippines’ NFAC approves DTI’s proposal to import 350,000 MTS

The Philippines’ National Food Authority Council has approved the Department of Trade and Industry’s (DTI) proposal to import 350,000 MTS of rice, according to local reports. This volume will be...

Philippines stocks update

10 / 10 / 2018

Philippines stocks update

Rice stocks in the Philippines totalled 1.17 million MTS as of 1 September 2018, according to the Philippine Statistics Authority. This represents a 23.2% decrease since August 2018 and a 17.9%...

Iran's GTC receives offers in 9 October tenders

10 / 10 / 2018

Iran's GTC receives offers in 9 October tenders

The LRI understands that the Iranian Government Trading Corporation has received the following offers in its 9 October tenders for at least 30,000 MTS (+/- 10%) of Indian 1121 Parboiled Basmati 2%...

Japan's MAFF announces SBS tender

10 / 10 / 2018

Japan's MAFF announces SBS tender

Japan’s Ministry of Agriculture, Forestry and Fisheries (MAFF) will hold a Simultaneous-Buy-Sell tender on 26 October for a total of 25,000 MTS.

Vietnam update

09 / 10 / 2018

Vietnam update

The USDA has revised its forecast for Vietnam’s 2018 paddy production down to 45.6 million MTS due to a contraction in Summer/Autumn harvested area in the Mekong Delta. However, this still...

9 October 2018

09 / 10 / 2018

9 October 2018

There is a soft undertone to the Pakistani market following a 7% depreciation of the Rupee today (9 October) due to a...

Pakistani Rupee depreciates by 7% against the U.S. Dollar

09 / 10 / 2018

Pakistani Rupee depreciates by 7% against the U.S. Dollar

The Pakistani Rupee depreciated by around 7% against the U.S. Dollar today (9 October), according to reports. This has been attributed to a suspected currency devaluation by the State Bank of...

Saudi Arabia Maximum Residue Limits update

09 / 10 / 2018

Saudi Arabia Maximum Residue Limits update

The Saudi Food and Drug Authority (SFDA) is not expected to adopt the E.U.’s Maximum Residue Limits (MRLs) for pesticide levels in rice imports, according to reports. A delegation from the All...

Philippines 18 October G2P tender update

09 / 10 / 2018

Philippines 18 October G2P tender update

The LRI understands that 12 bidders participated in the pre-bid conference for the Philippines' National Food Authority's 18 October tender for 250,000 MTS of 25% broken white rice. The bidders were...

India

09 / 10 / 2018

India

The Indian market was quiet, with many market participants out of the office for various regional holidays throughout...

Freight update

08 / 10 / 2018

Freight update

According to its Review of Maritime Transport, the United Nations Conference on Trade And Development (UNCTAD) estimates that global seaborne trade had its fastest growth rate in five years in 2017....

Brazil currency update

08 / 10 / 2018

Brazil currency update

The Brazilian Real has appreciated by 3.87% against the U.S. Dollar since Friday (5 October) to BRL 3.73 at 12:00 UTC today (8 October), the lowest level since 7 August. According to reports, the...

Philippines imports update

08 / 10 / 2018

Philippines imports update

According to the Philippines’ National Food Authority (NFA), 180,641 MTS of the 250,000 MTS of 25% broken white rice purchased in the NFA’s 22 May government-to-private tender has arrived in the...

8 October 2018

08 / 10 / 2018

8 October 2018

Thai PB 100% STX is assessed down to US $390 PMT FOB as exporters are more willing to accept lower bids following a...

Philippines local prices update

08 / 10 / 2018

Philippines local prices update

The average farmgate price of paddy in the Philippines increased by 0.26% week-on-week and 18.7% year-on-year to PHP 23.10 per kg (US $426.42 PMT) during the third week of September 2018, according...

Brazil exports and imports update

08 / 10 / 2018

Brazil exports and imports update

Brazil’s rice exports between January – September 2018 totalled 1.25 million MTS, up from 617,317 MTS in 2017, according to IRGA. Exports in September totalled 160,944 MTS, up from 109,450 MTS in...

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Friday
19
October
The Philippines' National Food Authority received offers in its 18 October tender for a total of 250,000 MTS of 25% broken white rice; Egypt's GASC will hold a tender for Grade #2 10% broken short/medium grain white rice on 12 November; Bangladeshi 2018/19 imports forecast at 800,000 MTS (milled equivalent), down by 77.5% year-on-year
Friday
12
October
Philippines' NFA will hold two further G2P tenders on 24 October and 20 November for 250,000 MTS each; Iran's GTC received offers in its 9 October tender for at least 30,000 MTS (+/-10%) of Indian 1121 Parboiled Basmati 2% broken; Japan's MAFF will hold a Simultaneous-Buy-Sell tender on 26 October for a total of 25,000 MTS
Friday
05
October
Iraq's MoT purchases 30,000 MTS of Argentine rice and 60,000 MTS of Uruguayan rice in global origin tender, in addition to 90,000 MTS of U.S. rice under the MoU; Japan's MAFF awards the full 45,000 MTS in its 5 October Minimum Access tender; China's 2018/19 imports are forecast to decline by 9.09% year-on-year to 5 million MTS (milled equivalent)
Friday
28
September
Philippines' NFA will hold a G2P tender for 250,000 MTS of 25% broken white rice on 18 October; Iraqi MoT will hold a global origin tender for a minimum of 30,000 MTS on 1 October; Indian 2018/19 Kharif crop milled rice production forecast at a record 99.24 million MTS