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@LiveRiceIndex

23 / 06 / 2017

#LRI Weekly Report published! #Bangladeshi tenders; #Venezuela purchases #US #paddy; #Cuba plans #rice imports https://t.co/Nd9uMeJo51

23 June 2017

23 / 06 / 2017

23 June 2017

Indian 5% WR is assessed up by US $5 PMT to US $420 PMT FOB. Some exporters are unable to make offers for 5% WR as...

@LiveRiceIndex

23 / 06 / 2017

The #Brazilian #rice industry association criticises the creation of a minimum price for cargo freight (Pt.) https://t.co/bvPWla4n3l

@LiveRiceIndex

23 / 06 / 2017

#Brazil: #Paddy production in parts of Santa Caterina increased by 10% this year (Pt.) https://t.co/4LuVJnokOd

@LiveRiceIndex

23 / 06 / 2017

#China offers technical support to #rice farmers in #Togo to help them achieve self-sufficiency (Fr.) https://t.co/ot00gz5dCQ

@LiveRiceIndex

23 / 06 / 2017

#Bangladeshi #rice prices have increased in some regions ahead of Eid al-Fitr https://t.co/E7TglAdwN1

@LiveRiceIndex

23 / 06 / 2017

RiceTec plans to produce hybrid #rice seeds in #Mercosur (Pt.) https://t.co/M96irW8S2o

@LiveRiceIndex

23 / 06 / 2017

#Italian government approves a reform of its domestic #rice market, including more transparent labelling (Sp.) https://t.co/3wrCNwHEND

@LiveRiceIndex

23 / 06 / 2017

The U.N. warns that a severe drought followed by floods has affected #rice production in #SriLanka https://t.co/anCZ6c4AWY

@LiveRiceIndex

23 / 06 / 2017

First shipment of #Vietnamese rice purchased in G2G deal is due to arrive in #Bangladesh in 15 days https://t.co/yuHvjtNUyP

@LiveRiceIndex

23 / 06 / 2017

#Japan looks to export #rice to #China as domestic demand declines; exports totalled 375 MTS in 2016 https://t.co/otVi2gDPxs

Thailand

23 / 06 / 2017

Thailand

Despite a THB 30 per 100kg (US $8.83 PMT) increase in the domestic price of 5% broken white rice on Wednesday, there...

Vietnam

23 / 06 / 2017

Vietnam

Vietnamese prices increased this week following the Bangladeshi government’s recent white and parboiled rice...

Pakistan

23 / 06 / 2017

Pakistan

The Pakistani market was quiet this week as the end of Ramadan approached. Eid al-Fitr will begin on Sunday evening...

U.S.A.

23 / 06 / 2017

U.S.A.

Long grain paddy prices in the U.S. South increased this week, despite a US $8.16 PMT fall in the nearby CME Rough...

South America

23 / 06 / 2017

South America

The market in Mercosur had a bullish undertone this week following Argentina’s award in the Iraqi Ministry of...

India

23 / 06 / 2017

India

Demand for Indian non-Basmati rice improved this week as buyers switched from other origins where prices have...

Other Countries

23 / 06 / 2017

Other Countries

Italian Long B and round grain paddy prices firmed this week as farmers continued to hold on to stocks in...

Italy

23 / 06 / 2017

Italy

Italian Long B and round grain paddy prices firmed this week as farmers continued to hold on to stocks in...

Cambodia

23 / 06 / 2017

Cambodia

There was a firm undertone in the Cambodian white rice market this week as exporters reported an increase in paddy...

Myanmar

23 / 06 / 2017

Myanmar

The price of 25% broken white rice increased in Myanmar this week as arrivals from the off-season crop slowed and...

Philippines update

22 / 06 / 2017

Philippines update

According to the FAO, planting of the main season paddy crop in the Philippines, which accounts for 55% of total production, is underway. Harvesting is expected to commence in September. Normal...

Mexico update

22 / 06 / 2017

Mexico update

The USDA has forecast that Mexican milled rice production in the 2017/18 marketing year (October – September) will increase by 8.8% year-on-year to 197,000 MTS. Imports are expected to fall...

22 June 2017

22 / 06 / 2017

22 June 2017

Thai WR export prices have continued to soften today due to improved supply in the local market as many exporters...

Sri Lankan production severely affected by drought

22 / 06 / 2017

Sri Lankan production severely affected by drought

According to the FAO, Sri Lanka’s Maha season planted area in the 2016/17 marketing year was considerably reduced due to below-average rainfall and low irrigation water availability during...

21 June 2017

21 / 06 / 2017

21 June 2017

There is a soft undertone in the Thai market today as exporters have reportedly covered their short positions and as...

Cuba looks to purchase South America rice

21 / 06 / 2017

Cuba looks to purchase South America rice

Update: The Cuban government’s agricultural trading body, Alimport, is considering offers for a total of 75,000 MTS of South American origin 15% broken white rice. Alimport has requested for...

20 June 2017

20 / 06 / 2017

20 June 2017

Indian 25% WR is assessed up to US $385 PMT FOB as exporters are unwilling to accept lower bids following demand from...

Philippines update

20 / 06 / 2017

Philippines update

The USDA has raised its forecast for Philippine milled rice production in the 2016/17 marketing year (July – June) to 11.67 million MTS, which would represent a 6% increase from last year....

Bangladesh lowers its rice import tax

20 / 06 / 2017

Bangladesh lowers its rice import tax

The Bangladeshi government has lowered its rice import duty from 28% to 10%, according to reports. Rice importers will also be allowed to import rice without making a deposit against the Letter of...

19 June 2017

19 / 06 / 2017

19 June 2017

Vietnamese WR prices have increased today amid high local prices, as supply of Winter/ Spring crop continues to...

Bangladeshi DGF makes awards in parboiled tender and announces a new tender

19 / 06 / 2017

Bangladeshi DGF makes awards in parboiled tender and announces a new tender

The LRI understands that Bangladesh’s Directorate General of Food (DGF) has awarded Olam International in Singapore 50,000 MTS of non-Basmati parboiled rice in its 11 June tender at a price...

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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.

 

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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We follow a published methodology for each rice price assessment. These dynamic documents are subject to review and amended after thorough consultation with the trade. The LRI does not use any item of information in its rice price assessment process that is inconsistent with its methodology and quality guidelines.

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LRI Latest

In this week's report: Bangladeshi DGF makes award in 11 June tender and announces new parboiled rice tender; Venezuela buys 60,000 MTS of U.S. long grain paddy; Cuba’s Alimport intends to purchase 75,000 MTS of South American origin 15% broken white rice.

16.06.17: Iraqi MoT awards 30,000 MTS of Argentine rice in 11 June tender; Bangladeshi government purchases 250,000 MTS of Vietnamese white rice in G2G deal; IMD forecasts that the Southwest Monsoon will reach 98% of the LPA.

09.06.17: Iraqi MoT announces new global origin white rice tender; Thai govt. approves sale of 1.66 million MTS of old crop stocks; Bangladeshi DGF makes awards in parboiled and white rice tenders.

02.06.17: Iraqi MoT purchases 30,000 MTS of U.S. long grain rice; Traders report that both Uruguayan awards in the Iraqi MoT’s 16 April tender will proceed; Bangladeshi Directorate General of Food announces a new tender for non-Basmati parboiled rice.

26.05.17: Iraqi MoT again delays making a decision on whether to import U.S. rice; Bangladeshi Directorate General of Food yet to make a decision on 21 May parboiled rice tender; LRI begins assessments for Italian rice.

19.05.17: Iraqi MoT delays making a decision on whether to import U.S. rice; Early monsoonal rain in Thailand causes a slowdown in off-season harvesting; Argentine trade to Brazil increases amid high Brazilian paddy prices.

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
India Non-Basmati
Indian Basmati
USA Gulf Long Grain
USA Gulf Parboiled
USA California
Egypt
Italy White