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LRI Wire

Latest LRI Reports
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@LiveRiceIndex

16 / 02 / 2018

LRI Report Published! #Brazilian government to hold an auction for 300,000 MTS of paddy; #Chinese government lowers… https://t.co/cuMO8gpM0Y

Myanmar exports update

16 / 02 / 2018

Myanmar exports update

Myanmar milled rice exports so far in the 2017/18 financial year (April - March) totalled 3 million MTS, according to the Myanmar Rice Federation cited in local reports. This represents a 66.7%...

@LiveRiceIndex

16 / 02 / 2018

#Ecuador: #Rice farmers in Loja receive training through the Good Agricultural Practices programme (Sp.) https://t.co/8xKdqPZssW

@LiveRiceIndex

16 / 02 / 2018

#India: #Paddy harvesting has begun along the Kalingarayan Canal, with average yields expected https://t.co/pBNgsaVfZ9

16 February 2018

16 / 02 / 2018

16 February 2018

Demand for Pakistani 5%, 10% and 15% WR remains subdued and some exporters have lowered their offers to attract fresh...

India planting and procurement update

16 / 02 / 2018

India planting and procurement update

According to local reports, the Indian government will aim to procure 5.5 million MTS of paddy from the upcoming off-season Rabi crop, harvesting of which will begin in April. As of 9 February, the...

@LiveRiceIndex

16 / 02 / 2018

#Bangladeshi 2017/18 #rice imports are forecast to reach their highest level in 32 years https://t.co/VmmcWiZ7OP

@LiveRiceIndex

16 / 02 / 2018

#Philippines: Storm Basyang causes PHP 6.3 million (US $120,708) worth of damage to #paddy crops in Negros Occident… https://t.co/nEiJ6O2YZh

@LiveRiceIndex

16 / 02 / 2018

#Brazil: #Rice harvest begins in Tocantins, with concerns about excessive rain (Pt.) https://t.co/nkYlzwNNyL

@LiveRiceIndex

16 / 02 / 2018

#Philippines: Government hopes to agree #rice production deal with #PapuaNewGuinea https://t.co/c4TqEBfyKZ

@LiveRiceIndex

16 / 02 / 2018

#Senegal: SODAGRI provides XOF 200 million (US $382,000) worth of agricultural inputs to #rice farmers in Kolda (Fr… https://t.co/V3v5nu33rb

Indonesia imports and stocks update

16 / 02 / 2018

Indonesia imports and stocks update

According to the procurement director of Indonesia's Bulog cited in local reports, a total of 57,000 MTS of imported rice has arrived in three Indonesian ports since Tuesday (13 February)....

Thailand

16 / 02 / 2018

Thailand

The Thai market was quiet as trade remained very limited. Although the Philippines’ National Food Authority...

Vietnam

16 / 02 / 2018

Vietnam

The Vietnamese market closed on Wednesday (14 February) for Tét and is not expected to open again until 22...

Pakistan

16 / 02 / 2018

Pakistan

The Pakistani white rice market had a soft undertone due to subdued international demand. Exporters lowered their...

U.S.A.

16 / 02 / 2018

U.S.A.

The market in the South was quiet amid tight supply and ahead of the Iraqi Ministry of Trade’s (MoT) global...

South America

16 / 02 / 2018

South America

The markets in South America were closed on Monday and Tuesday due to Carnival and remained subdued for the rest of...

India

16 / 02 / 2018

India

Prices in the Indian non-Basmati market continued to have a bearish undertone due to competition from Thailand and as...

Other Countries

16 / 02 / 2018

Other Countries

High stock levels continued to put pressure on the paddy prices of Italian risotto varieties, such as Arborio and...

Italy

16 / 02 / 2018

Italy

High stock levels continued to put pressure on the paddy prices of Italian risotto varieties, such as Arborio and...

Cambodia

16 / 02 / 2018

Cambodia

Cross-border Cambodian paddy trade with Vietnam slowed as the Vietnamese market celebrated Tét. Although...

Myanmar

16 / 02 / 2018

Myanmar

Supply of white and parboiled rice is extremely tight in Myanmar and many exporters were unable to make offers. There...

Other Countries

16 / 02 / 2018

Other Countries

The Philippines’ National Food Authority (NFA) Council has approved the import of 250,000 MTS of milled rice,...

Other Countries

16 / 02 / 2018

Other Countries

According to the FAO, Guinean 2017 paddy production is estimated to have increased by 8% year-on-year to 2.35 million...

Other Countries

16 / 02 / 2018

Other Countries

The Chinese government has lowered the minimum purchase price (MPP) for rice by up to 13.3%, according to reports...

Other Countries

16 / 02 / 2018

Other Countries

The Azerbaijani government has set a national paddy production target of 40,000 MTS by 2025, according to reports. In...

Other Countries

16 / 02 / 2018

Other Countries

Paddy production in Tanzania is estimated to have declined by 10% year-on-year to 3.1 million MTS in 2017, according...

Other Countries

16 / 02 / 2018

Other Countries

The FAO has estimated 2017 paddy production in Benin at 277,000 MTS, down by 1% year-on-year. Output was affected by...

Other Countries

16 / 02 / 2018

Other Countries

According to the FAO, Togolese paddy production in 2017 is estimated to have increased by 8.8% year-on-year to...

Other Countries

16 / 02 / 2018

Other Countries

The LRI intends to begin a weekly price assessment for Paraguayan rice. The assessment will be for Paraguayan 5%...

Other Countries

16 / 02 / 2018

Other Countries

According to the procurement director of Indonesia’s Bulog cited in local reports, a total of 57,000 MTS of...

@LiveRiceIndex

15 / 02 / 2018

#Philippines: Government agrees that the minimum support price of #paddy needs to be reviewed https://t.co/uVuhPvGo2x

@LiveRiceIndex

15 / 02 / 2018

#Philippines: National Food Authority to be audited following claims of a #rice shortage https://t.co/kResP7uS0v

@LiveRiceIndex

15 / 02 / 2018

#Cambodian Ministry of Commerce launches #rice inspection agency https://t.co/K02GjoCDhM

@LiveRiceIndex

15 / 02 / 2018

#Kazakhstan plans increase production of Tarom Hashemi #rice to meet #Iranian demand https://t.co/EsnrrZ8cZI

15 February 2018

15 / 02 / 2018

15 February 2018

Aside from Asian tender awards, demand for milled Calrose has slowed and some exporters were willing to lower their...

@LiveRiceIndex

15 / 02 / 2018

#Nigeria: Dangote plans to complete construction of 250,000 MT capacity #rice mill by December 2018 https://t.co/pUgXJDNjHK

@LiveRiceIndex

15 / 02 / 2018

Strong Baht and reduced production may affect #Thai #rice exports https://t.co/MM9h075z1U

@LiveRiceIndex

15 / 02 / 2018

Government states that the #Philippines will achieve #rice self-sufficiency in 2020 https://t.co/6Ijp2DjzxW

@LiveRiceIndex

15 / 02 / 2018

#Philippines: Central Luzon produces around 19% (3.63 million MTS) of the country’s #paddy https://t.co/bi7NoIVqDz

@LiveRiceIndex

15 / 02 / 2018

#Mexican #rice production has increased by 27% in the last three years due to government support (Sp.) https://t.co/1x770JgtIO

Argentina export update

15 / 02 / 2018

Argentina export update

Argentine 2017 rice exports totalled 407,956 MTS, down by 23.3% year-on-year, according to the Ministry of Agroindustry. Brazil was Argentina’s largest export market (124,506 MTS), followed...

@LiveRiceIndex

14 / 02 / 2018

#France: #Rice farmers protest the lack of government aid payments in Arles (Fr.) https://t.co/oXvRuVhPml

@LiveRiceIndex

14 / 02 / 2018

#Italian farmers concerned as milled #rice prices remain stable despite falling #paddy prices (It.) https://t.co/DqPeQRLDnb

@LiveRiceIndex

14 / 02 / 2018

#Cambodian Prime Minister urges action to lower farmers’ #rice production costs https://t.co/iuENsneZz8

14 February 2018

14 / 02 / 2018

14 February 2018

Decreasing prices in other origins and a slowdown in government procurement in some areas of the country is putting...

Brazil production update

14 / 02 / 2018

Brazil production update

Brazilian paddy production is forecast to decrease by 5.6% year-on-year to 11.64 million MTS in the 2017/18 marketing year, according to CONAB. This is expected to be achieved with a planted area...

Benin update

14 / 02 / 2018

Benin update

The FAO has estimated 2017 paddy production in Benin at 277,000 MTS, down by 1% year-on-year. Output was affected by dry weather during the planting season in May and by armyworm outbreaks....

13 February 2018

13 / 02 / 2018

13 February 2018

The Thai market continues to have a soft undertone as buyers are waiting for prices to fall further before making...

Philippines import plan update

13 / 02 / 2018

Philippines import plan update

The Philippines’ National Food Authority (NFA) Council has approved the import of 250,000 MTS of milled rice, although no tender date has been set yet, according to local reports. The rice...

Guinea update

13 / 02 / 2018

Guinea update

According to the FAO, Guinean 2017 paddy production is estimated to have increased by 8% year-on-year to 2.35 million MTS, which is 17.9% above the five-year average. Production was aided by mostly...

Togo update

13 / 02 / 2018

Togo update

According to the FAO, Togolese paddy production in 2017 is estimated to have increased by 8.8% year-on-year to 149,000 MTS, although this is 1.3% below the five-year average. Cereal imports in 2018...

Azerbaijan production update

13 / 02 / 2018

Azerbaijan production update

The Azerbaijani government has set a national paddy production target of 40,000 MTS by 2025, according to reports. In its State Programme for Rice-growing Development in Azerbaijan in 2018 - 2025,...

Indian Basmati, Thai and Vietnamese Methodological revisions

12 / 02 / 2018

Indian Basmati, Thai and Vietnamese Methodological revisions

The LRI has revised the specifications for all Thai and Vietnamese Methodology documents, as well as Indian Basmati, and definitions have also been introduced. This follows recent revisions made to...

12 February 2018

12 / 02 / 2018

12 February 2018

The Pakistani market continues to have a soft undertone amid subdued fresh demand and as Indonesia’s Bulog will...

KCCO announces new domestic tender and makes award in 8 February tender

12 / 02 / 2018

KCCO announces new domestic tender and makes award in 8 February tender

The U.S. Kansas City Commodity Office (KCCO) has announced a new domestic tender for a total of 5,740 MTS of #5, 20% broken long grain white rice to be held on 21 February. Of this volume, 620 MTS...

Update on China’s minimum purchase price

12 / 02 / 2018

Update on China’s minimum purchase price

The Chinese government has lowered the minimum purchase price (MPP) for rice by up to 13.3%, according to reports citing the National Development and Reform Commission (NDRC). The MPP for early...

Pakistan exports update

12 / 02 / 2018

Pakistan exports update

Pakistani milled rice exports between July 2017 – January 2018 are estimated to have increased by 15.7% year-on-year to 2.28 million MTS, according to local reports citing the Pakistani Rice...

Philippines stocks update

12 / 02 / 2018

Philippines stocks update

Rice stocks in the Philippines totalled 2.29 million MTS as of 1 January 2018, according to the Philippines Statistics Authority. This represents a 19.6% decline since December 2017 and a 17.2%...

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The LRI’s role is to observe and report on the world’s rice markets, whilst developing increasingly accurate methods for accessing and evaluating rice price information. To build confidence in the rice price assessment process, we aim to make our price assessments and methodology as transparent and robust as possible.

 

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LRI Latest

In this week's report: Brazilian government to hold an auction for 300,000 MTS of paddy on 22 February; Chinese government lowers the minimum purchase price for rice by up to 13.3%; Rice stocks in the Philippines totalled 2.29 million MTS as of 1 January 2018.

09.02.18: Iraqi MoT will hold a global origin tender on 18 February; Col-Rice awards the full 72,043 MTS of TRQ licences to ADM and Aurora Ventures in auction; LRI to introduce weekly Paraguayan white rice assessment.

02.02.18: Bangladeshi DGF cancels its 150,000 MT purchase of Thai parboiled rice; Chinese government plans to reduce planted area by 670,000ha in 2018; Col-Rice holds auction for 72,043 MTS of TRQ licences and results are pending.

26.01.18: Indonesian 2017/18 milled rice production forecast to increase by 0.39% year-on-year to 37 million MTS; China’s 2017 exports to Africa increased by 955% year-on-year to 781,000 MTS; Australian 2017/18 paddy production forecast to fall by 1.72% year-on-year to 800,000 MTS.

19.01.18: Indonesia’s Bulog purchases 346,000 MTS of white rice in tender; Iranian government plans to lift its import ban on 21 January; Cambodian government signs MoU with China for up to 300,000 MTS of exports in 2018.

Info

Methodology

Thailand Fragrant
Thailand Glutinous
Thailand Parboiled
Thailand White
Myanmar Parboiled
Myanmar White
Pakistan Parboiled
Pakistan White
Pakistan Basmati
South America Parboiled
South America White
Vietnam Fragrant
Vietnam White
Cambodia Fragrant
Cambodia White
Indian Parboiled
Indian White
Indian Basmati
USA Gulf Long Grain
USA Gulf Parboiled
USA California
Egypt
Italy White