The LRI is a global provider of information on the rice industry and a leading source of benchmark price assessments for rice. Since 2011, the Live Rice Index has provided reliable information and market insights.
15 / 01 / 2019
Market Focus: Vietnam becomes the most competitive origin for 5% broken white rice
After trading at a premium to Thai, Indian and Pakistani 5% broken white rice throughout most of Q4 2018, the price of Vietnamese 5% broken white rice has declined sharply and was assessed at US $352...
15 / 01 / 2019
Trinidad and Tobago production and local prices update
Trinidad and Tobago's 2018 paddy production is estimated to have declined by 20,415 MTS from 1992 to 585 MTS, according to local reports citing the National Flour Mills (NFM). The NFM purchased...
15 / 01 / 2019
#Philippines: Farmers concerned by ‘steep decline’ in #paddy prices so far this year https://t.co/sqtsKEyuYD
15 / 01 / 2019
15 January 2019
Indian 5%, 25% and 100% broken WR are assessed up to US $390 PMT FOB (+$10 PMT), US $370 PMT FOB (+$10 PMT) and US $275...
15 / 01 / 2019
Philippines' NFA tenders arrivals update
According to the Philippines' National Food Authority (NFA), 149,919 MTS of the 500,000 MTS awarded in its 20 November 2018 government-to-private tender had arrived in the Philippines as of 14...
15 / 01 / 2019
Philippines stocks update
Rice stocks in the Philippines totalled 2.72 million MTS as of 1 December 2018, according to the Philippine Statistics Authority. This represents a 9.49% decrease since November 2018 and a 4.59%...
15 / 01 / 2019
#Senegal River Valley aims to produce 500,000 MTS of #paddy in 2019 (Fr.) https://t.co/qC2vsE0TMj
15 / 01 / 2019
#India: #Rice mills in Karnataka are not procuring #paddy to process for the government due to the ‘complexity’ of… https://t.co/mAowvC9FsK
15 / 01 / 2019
#Uruguay: 2,500ha of #paddy fields are underwater, according to Association of #Rice Growers (Sp.) https://t.co/bsQHAMXaDS
15 / 01 / 2019
#India: #Rice export boom since 2010 has ‘not benefited’ consumers and producers https://t.co/vE8RINA2PE
15 / 01 / 2019
#EU ‘likely’ to impose tariffs on #Myanmar and #Cambodian #rice this week https://t.co/ZyXFwyUNhE
14 / 01 / 2019
Scientists discover way to ‘supercharge’ photosynthesis in #rice plants to help increase growth and field yields https://t.co/1rSetrKzH9
14 / 01 / 2019
#Philippines: Hybrid #rice producer considering price cuts if tariffication is approved https://t.co/02bg6GlEVr
14 / 01 / 2019
#Bangladesh: Farmers ‘wasting’ 800 litres of water to produce 1kg of #paddy https://t.co/CcMOPjMuwQ
14 / 01 / 2019
#Uruguay: Ongoing floods pose 'serious risk' to #paddy production (Sp.) https://t.co/MBTiYFYxPm
14 / 01 / 2019
#Japanese companies hope to promote locally grown #rice in #China ahead of Lunar New Year https://t.co/ltF4bLH0bg
14 / 01 / 2019
14 January 2019
Vietnamese exporters are more willing to accept lower bids due to slow demand; 5%, 25% and 100% broken WR are assessed...
14 / 01 / 2019
Senegal update
The FAO has forecast Senegal’s 2018 paddy production at 920,000 MTS, down by 8.7% year-on-year but 19.3% above the five-year average. Harvesting began in November and is expected to conclude this...
14 / 01 / 2019
Philippines local prices update
The average farmgate price of paddy in the Philippines decreased by 0.45% week-on-week and increased by 5.81% year-on-year to PHP 20.02 per kg (US $383.14 PMT) during the third week of December 2018,...
14 / 01 / 2019
Venezuela prices update
The price of rice has increased by around 127% in a month in Venezuela's capital of Caracas, according to local reports. The price has risen from VES 660 per kg (US $265,607 PMT) to VES 1,500 per kg...
14 / 01 / 2019
Myanmar exports update
Myanmar milled rice exports during April – December 2018 totalled 1.72 million MTS, down by 32.5% year-on-year, according to the Myanmar Rice Federation cited in local reports. These exports are...
14 / 01 / 2019
Niger update
The FAO has estimated Niger’s 2018 paddy production at 112,000 MTS, a 6.67% year-on-year increase and 4.67% above the five-year average. Harvesting began in August and concluded in November;...
14 / 01 / 2019
Cuba production update
Cuban 2019 milled rice production is forecast at 311,000 MTS, up by 3.67% year-on-year, according to local reports citing the Ministry of Agriculture. Production is expected to benefit from the...
14 / 01 / 2019
#Philippines: Government agencies preparing for first #rice harvest of 2019 https://t.co/SsH7FAMdwU
14 / 01 / 2019
#Pakistan requests for #SriLanka to increase its duty-free #rice import quota from 6,000 MTS to 25,000 MTS https://t.co/Fp48CngcUW
14 / 01 / 2019
#Japan: Many consumers turning to #Australian #rice as a competitive alternative to domestically produced #rice https://t.co/1EirNL3XfQ
14 / 01 / 2019
#Argentina: #Rice production in Corrientes affected by heavy rainfall; more expected soon (Sp.) https://t.co/LQxzL22t0f
14 / 01 / 2019
#Bangladesh: Commerce Minister expects local #rice prices to decrease within a week https://t.co/fZzDBoTQqJ
11 / 01 / 2019
#India: #Rice farmers in Odisha continue to wait to for mandis to open to sell their crops https://t.co/krpTpK1F6d
11 / 01 / 2019
#LRI Weekly Report published! #Egypt's GASC to hold a global origin tender for 20,000 MTS of short/medium grain… https://t.co/JhL67QYjtC
11 / 01 / 2019
#Philippines: South Cotabato provincial board concerned by decreasing #paddy prices in recent weeks https://t.co/laIex8sA8e
11 / 01 / 2019
#EU expected to impose import duties on #Myanmar and #Cambodian #rice from 16 January https://t.co/ixpqWISVQa
11 / 01 / 2019
#Vietnam: Organic ST24 fragrant #rice is twice as profitable as ‘ordinary’ rice for farmers (Vn.) https://t.co/sd6vlRsaWP
11 / 01 / 2019
Brazil: Rio Grande Port loading update
No vessels were being loaded with rice in Rio Grande Port on 11 January. A TBI vessel is expected to arrive on 13 January to be loaded with 7,000 MTS for Senegal; market participants believe that...
11 / 01 / 2019
#Nigeria: Central Bank to issue loans to 120,000 #rice farmers in Kano for off-season crop production https://t.co/o72YQmCvrJ
11 / 01 / 2019
11 January 2019
Pakistani 5% WR is assessed up to US $360 PMT FOB due to demand from China. Pakistani 25% and 100% broken WR are...
11 / 01 / 2019
Cambodia exports update
According to local reports citing the Ministry of Agriculture, Forestry and Fisheries, Cambodian rice exports totalled 626,225 MTS (milled equivalent) in 2018, down by 1.49% year-on-year. Exports...
11 / 01 / 2019
India water supply update
Water levels in India’s 91 major reservoirs totalled 80.4 billion cubic metres as of 10 January, according to the Ministry of Water Resources, River Development and Ganga Rejuvenation. This...
11 / 01 / 2019
#Philippines: 2018 #rice production in Antique ‘more than sufficient’ for consumption https://t.co/t6FuuLz94g
11 / 01 / 2019
#Bangladesh: Local #rice prices increased due to disruption caused by general election https://t.co/onvh6AaEhD
11 / 01 / 2019
#China: Consumers concerned by safety of #Japanese #rice imports https://t.co/W41b2bsmPZ
11 / 01 / 2019
#Uruguayan #rice industry hardest hit from fall in #Brazilian imports (Sp.) https://t.co/00lAnDDych
11 / 01 / 2019
#Indonesia: President assures public that #rice stocks are adequate https://t.co/ySrh7ROXNk
11 / 01 / 2019
Vietnam
Vietnamese 5% broken white rice closed the week assessed down to US $360 PMT FOB as exporters reduced their offers to...
11 / 01 / 2019
Thailand
The Thai market continued to be supported by the strength of the Baht against the U.S. Dollar; the Baht has appreciated...
11 / 01 / 2019
South America
Costa Rica’s Conarroz purchased 44,000 MTS of South American paddy in its 7 January tender. ADM has the option of...
11 / 01 / 2019
Pakistan
There was a firm undertone to the Pakistani IRRI-6 market as offshore demand improved, with sales to African...
11 / 01 / 2019
U.S.A.
Despite enquiries from China for Calrose, mills in the South did not report any Chinese interest; most market...
11 / 01 / 2019
Cambodia
The E.U. Commission (EC) is ‘almost certainly’ re-imposing import tariffs on both Myanmar and Cambodian whole and...
11 / 01 / 2019
Other Countries
According to the Philippines’ National Food Authority (NFA), 166 companies had applied for licences to import rice...
11 / 01 / 2019
India
There were mixed sentiments in the Indian non-Basmati market as sales to African destinations and tight paddy supply...
11 / 01 / 2019
Egypt
Egypt’s General Authority for Supply Commodities (GASC) will hold a global origin tender for 20,000 MTS (+/-10%) of...
11 / 01 / 2019
Other Countries
Local rice prices in Bangladesh’s capital of Dhaka increased by BDT 2 – 3 per kg (US $23.85 - $35.77 PMT) last week...
11 / 01 / 2019
Other Countries
Costa Rica’s Conarroz has awarded 44,000 MTS of paddy to ADM in its 7 January tender at a price of US $319.90 PMT CIF...
11 / 01 / 2019
Other Countries
The State Trading Corporation of Mauritius will hold a tender for 6,000 MTS (+/-10%) of long grain white rice on 24...
11 / 01 / 2019
Other Countries
The Italian paddy market re-opened this week with a firm undertone due to increased demand. Farmers and millers expect...
11 / 01 / 2019
Italy
The Italian paddy market re-opened this week with a firm undertone due to increased demand. Farmers and millers expect...
11 / 01 / 2019
Other Countries
South Korea’s Agro-Fisheries and Food Trade Corporation purchased the full 45,258 MTS in its 7 January Minimum Market...
11 / 01 / 2019
Myanmar
Despite a 1.3% appreciation of the Kyat against the U.S. Dollar since 4 January, we have lowered our Myanmar white and...
11 / 01 / 2019
Mauritius’ STC announces new tender
The State Trading Corporation of Mauritius will hold a tender for 6,000 MTS (+/-10%) of long grain white rice on 24 January. Offers are to be submitted on a CFR Port Louis basis and delivery is...
10 / 01 / 2019
Brazil production update
The Brazilian Institute of Geography and Statistics (IBGE) has forecast Brazilian paddy production in the 2018/19 marketing year (April – March) at 11.2 million MTS, a decline of 4.8% year-on-year....
10 / 01 / 2019
Brazil production update
Brazilian paddy production in the 2018/19 marketing year (April - March) is forecast to decline by 7.1% year-on-year to 11.2 million MTS, according to CONAB. This is a downward revision of...
10 / 01 / 2019
Italy exports update
Italian rice exports in the 2018/19 marketing year (September - August) to countries outside of the E.U. totalled 35,577 MTS (milled equivalent, excluding broken rice) as of 4 January, down by 28.1%...
10 / 01 / 2019
#Philippines: #Rice tariffication expected to help stabilise food prices and the country’s inflation rate https://t.co/bwUvXr8u5b
10 / 01 / 2019
#Cameroon: Local #rice production accounting for approximately one-third of consumption (Fr.) https://t.co/TpFLVx2NTN
10 / 01 / 2019
#Pakistan: Minister hopes that #Canada will consider increased #rice imports https://t.co/cPI9aPZ0Ak
10 / 01 / 2019
#Nigeria: Value of 2018 #rice imports totalled US $1.2 billion https://t.co/HXt72iwTj1
10 / 01 / 2019
#Brazil: 2019 #rice planted area expected to decrease due to reduced financial returns (Pt.) https://t.co/5qDbwtOFkd
10 / 01 / 2019
10 January 2019
Thai Hom Mali 100% Grade B is assessed up to US $1,075 PMT FOB FCL (+$15 PMT) as exporters are no longer willing to...
10 / 01 / 2019
Myanmar: Yangon Port loading update
Elpida GR is being loaded with 24,500 MTS of rice in Yangon Port today (10 January), according to the Myanma Port Authority. Additionally, Vic Sun is being loaded with 30,000 MTS, Hoang Phuong Lucky...
10 / 01 / 2019
#EU eager to strengthen trade ties with #USA, but agricultural issues, including #rice, are not to be included https://t.co/gXqQj0ZwEV
10 / 01 / 2019
#Japan: #Rice exports to #China from Niigata Prefecture resume following eight year break https://t.co/ykexZadUGh
10 / 01 / 2019
#Cameroon: Supply of domestic #rice struggling to keep up with demand https://t.co/UTJkEKrMA7
10 / 01 / 2019
#Cambodia: #EU tariffs on #rice imports ‘almost certain’; decision expected imminently https://t.co/5U7DDeGlwv
10 / 01 / 2019
#Philippines: Decision to not extend quantitative restrictions on #rice imports has improved the country’s position… https://t.co/CaEKSYuT2d
10 / 01 / 2019
Egypt’s GASC announces tender
Egypt’s General Authority for Supply Commodities (GASC) will hold a global origin tender for 20,000 MTS (+/-10%) of Grade #2 10/12% broken short/medium grain white rice on 27 January. Delivery...
09 / 01 / 2019
Scientists call for a global effort to identify the protein composition of #rice to create more resilient paddy https://t.co/xlWT5f77CF
09 / 01 / 2019
Pakistan update
The FAO has estimated 2018 Pakistani paddy production at 10.3 million MTS, down by 7.5% year-on-year and 1.37% below the five-year average; harvesting concluded in December 2018. This is lower than...
09 / 01 / 2019
#Nigeria: 120,000 #rice farmers benefit from Central Bank’s Anchor Borrower programme https://t.co/jSmbUdqlJA
09 / 01 / 2019
#India: BJD leaders demand a Minimum Support Price increase for #paddy during a sit-in https://t.co/CVWb6BA5MO
09 / 01 / 2019
#USA: #Rice industry hopes that a provision in the Farm Bill will allow the use of government subsidies to advertis… https://t.co/HkcPeYNpxT
09 / 01 / 2019
#Brazil: #Rice exports in 2018 totalled 1.4 million MTS, valued at US $467 million (Pt.) https://t.co/uuheGDjFDG
09 / 01 / 2019
9 January 2019
Despite WR demand from buyers in the Philippines, Vietnamese exporters have lowered their offers to encourage trade. As...
09 / 01 / 2019
Vietnam 2018 production update
Vietnamese 2018 Winter/Spring paddy production is estimated at 20.6 million MTS, up by 16.1% year-on-year, according to the General Statistics Office of Vietnam. Despite a contraction in planted area...
09 / 01 / 2019
Brazil exports and imports update
Brazil’s rice exports between 1 January – 31 December 2018 totalled 1.81 million MTS, up by 108% year-on-year, according to IRGA. Exports in December were exceptionally strong at 287,104 MTS...
09 / 01 / 2019
Thailand Methodology revisions
The LRI has revised the specifications in all Thai Methodology documents to reflect current export standards. Please click the links below to view the new documents.
Thai white rice
Thai parboiled...
09 / 01 / 2019
#Brazil: Shortage of aviation fuel threatens the distribution of fertiliser on #rice crops in Rio Grande (Pt.) https://t.co/EahAKC2kpq
09 / 01 / 2019
#Morocco: #Rice production becoming increasingly important, employing 2,500 farmers (Fr.) https://t.co/o3JWhPKEXP
09 / 01 / 2019
#USA: #Rice industry hopes that #China will purchase more than 100,000 MTS in near future https://t.co/KePKy7aHIm
09 / 01 / 2019
#Cambodia: #Rice shipments to the #EU delayed as exporters await import tariff decision https://t.co/OEnIqFLgsW
09 / 01 / 2019
#Thailand: All 16.8 million MTS of old crop government #rice stocks have been sold, earning THB 145 billion (US 4.5… https://t.co/0SiypAnerI
09 / 01 / 2019
Costa Rica's Conarroz tender results
Costa Rica’s Conarroz has awarded 44,000 MTS of paddy to ADM in its 7 January tender at a price of US $319.90 PMT CIF delivered inland Costa Rica. ADM has the option of supplying the volume from...
08 / 01 / 2019
Market Focus: Spread between Vietnamese 5% and 100% broken white rice
- 5% and 100% broken white rice spread at 28-month low
- Winter/Spring crop harvest to arrive in late Q1
- Spread typically widens between January - April
The price spread between Vietnamese 5% and...
08 / 01 / 2019
#Peru: #Rice farmers in the San Lorenzo Valley required to pay for 75% of irrigation water (Sp.) https://t.co/XAhP9hVSb6
08 / 01 / 2019
India port clarification
Please note that the LRI has clarified that the east coast bulk vessel port which is the basis of the majority of Indian non-Basmati price assessments is Kakinada. This does not change how Indian LRI...
08 / 01 / 2019
#India: Protestors expected to rally in Delhi today to demand a higher national #paddy MSP https://t.co/LfNIU05an2
08 / 01 / 2019
#Taiwan and #Haiti signs agreements to strengthen #rice production cooperation (Fr.) https://t.co/W5uBAnLQXz
08 / 01 / 2019
Thai exports update
Thai 2018 milled rice exports are estimated at 11.1 million MTS, according to local reports citing the Foreign Trade Department (FTD). The exports exceeded the government’s target of 11 million MTS...
08 / 01 / 2019
8 January 2019
The Thai market continues to be supported by the strength of the Baht against the U.S. Dollar; the Baht has appreciated...
08 / 01 / 2019
Pakistan: Karachi Port loading update
Three vessels were being loaded with rice in Karachi Port on 8 January, according to the Karachi Port Trust. Sanaee arrived on 30 December to be loaded with 186 MTS and East Bangkok arrived on 31...
07 / 01 / 2019
Parboiled: December 2018
Thai parboiled rice prices were supported by the strengthening of the Baht against the U.S. Dollar towards the end of December. Thai Parboiled 100% STX closed the month assessed up to US $390 PMT FOB...
07 / 01 / 2019
Japonica: December 2018
The Californian market opened December with a soft undertone due to subdued demand from the Middle East amid competitive prices from China and India. The market firmed in the second half of the month...
07 / 01 / 2019
Fragrant: December 2018
Thai fragrant rice prices were supported by a strengthening of the Baht against the U.S. Dollar throughout the month. Our assessment of Thai Hom Mali 100% Grade B fluctuated between US $1,030 PMT FOB...
07 / 01 / 2019
Indica: December 2018
Thai 5% broken white rice closed the month assessed up to US $379 PMT FOB due to sales to China and West Africa, demand from private buyers in the Philippines and following a strengthening of the...
07 / 01 / 2019
7 January 2019
Vietnamese Fragrant 5% is assessed down to US $460 PMT FOB (-$10 PMT) as exporters reduce their offers due to slow...
07 / 01 / 2019
Bangladesh local prices update
Local rice prices in Bangladesh's capital of Dhaka increased by BDT 2 – 3 per kg (US $23.85 - $35.77 PMT) last week due to a transport ban imposed during the parliamentary elections, which were...
07 / 01 / 2019
Philippines private imports licences update
According to the Philippines' National Food Authority, 166 companies had applied for licences to import rice outside of the Minimum Access Volume scheme for a total of 930,184 MTS of well milled rice...
07 / 01 / 2019
Brazil: Rio Grande Port loading update
One Hunan vessel was in Rio Grande Port on 7 January to load 29,000 MTS of rice for Venezuela; market participants believe that this will comprise paddy. Two vessels departed over the weekend,...
07 / 01 / 2019
Philippines' NFA tenders arrivals update
According to the Philippines' National Food Authority (NFA), 100,200 MTS of the 500,000 MTS awarded in its 20 November government-to-private tender had arrived in the Philippines as of 3 January. A...
07 / 01 / 2019
South Korea: KAFFTC tender results
South Korea’s Agro-Fisheries and Food Trade Corporation purchased the full 45,258 MTS in its 7 January Minimum Market Access tender. Please see the table below for more details.
04 / 01 / 2019
4 January 2019
The Thai market continues to be supported by the strengthening of the Baht against the U.S. Dollar. Thai 100% Grade B,...
04 / 01 / 2019
Brazil planting update
Total 2018/19 planted area in Brazil’s Rio Grande do Sul region is forecast at 1.01 million hectares, according to IRGA. Planting was 99.8% complete as of 28 December. Please see the table below...
04 / 01 / 2019
Thailand
The Thai market was closed on Monday and Tuesday (31 December – 1 January) for the New Year holidays and re-opened...
04 / 01 / 2019
Vietnam
Vietnamese white rice prices were under pressure due to continued slow demand from buyers in China. Vietnamese 5%...
04 / 01 / 2019
Pakistan
Expectations that the State Bank of Pakistan would lift its cash flow restrictions improved trade in the domestic...
04 / 01 / 2019
U.S.A.
Exporters in the U.S. South and California cautiously welcomed last week’s unexpected news that China will allow...
04 / 01 / 2019
Cambodia
Cambodian exporters focused on concluding sales of Sen Kra Ob to destinations such as China and Europe for...
04 / 01 / 2019
South America
The markets in South America were very quiet, with many participants away for the Christmas and New Year holiday...
04 / 01 / 2019
Other Countries
The Philippines’ Agriculture Secretary and Chairman of the National Food Authority (NFA) Council has assured the...
04 / 01 / 2019
Other Countries
The Turkish Grain Board purchased a total of 4,000 MTS of milled rice (Baldo/Cammeo) and 36,000 MTS of paddy (30,000...
04 / 01 / 2019
Other Countries
Oil production by the Organization of Petroleum Exporting Countries (OPEC) declined to a two-year low of 32.6 million...
04 / 01 / 2019
India
Indian whole grain white rice prices were under pressure from slow offshore demand. Despite rising paddy prices in...
04 / 01 / 2019
Other Countries
The Italian paddy market was closed this week for the festive period and is expected to re-open on 8 January. Many...
04 / 01 / 2019
Italy
The Italian paddy market was closed this week for the festive period and is expected to re-open on 8 January. Many...
04 / 01 / 2019
Myanmar
Trade in the Myanmar market continued to be subdued; many traders were away for the Christmas and New Year holidays and...
04 / 01 / 2019
Other Countries
South Korea’s Agro-Fisheries and Food Trade Corporation (KAFFTC) will hold a Minimum Market Access tender for a total...
04 / 01 / 2019
Other Countries
According to reports citing Bulog, the state procurement agency’s milled rice stocks totalled 2.1 million MTS at the...
03 / 01 / 2019
OPEC update
Oil production by the Organization of Petroleum Exporting Countries (OPEC) declined to a two-year low of 32.6 million barrels per day (bpd) in December 2018, down by 530,000 bpd from November,...
03 / 01 / 2019
Uruguay exports update
Uruguayan rice exports totalled 90,587 MTS in December 2018, according to Uruguay XXI. This represents a 117% month-on-month and 74% year-on-year increase. Milled rice comprised 59,656 MTS of this...
03 / 01 / 2019
U.S. exporters welcome access to China
Exporters in the U.S. South and California have cautiously welcomed last week’s unexpected news that China will allow imports of U.S. rice. This follows the signing of a phytosanitary agreement in...
03 / 01 / 2019
India Basmati production update
The Agricultural and Processed Food Products Export Development Authority has estimated India’s 2018 Kharif crop Basmati planted area at 1.52 million hectares, down by 2.51% year-on-year....
03 / 01 / 2019
3 January 2019
The Pakistani WR market is being supported by an appreciation of the Rupee against the U.S. Dollar and rumours of a...
03 / 01 / 2019
Pakistan: Karachi Port loading update
Four vessels were being loaded with rice on 3 January, according to the Karachi Port Trust. Bobcat arrived on 23 December 2018 to be loaded with 11,298 MTS and East Bangkok arrived on 31 December to...
03 / 01 / 2019
Italy paddy stocks update
Italian paddy stocks were estimated at 1.49 million MTS on 31 December, down by 9% year-on-year, according to Ente Nazionale Risi. Of this volume, 599,235 MTS (+0.25%) had been loaded by rice...
03 / 01 / 2019
Myanmar: Yangon Port loading update
Elpida GR is being loaded with 24,500 MTS of rice in Yangon Port today (3 January), according to the Myanma Port Authority. Additionally, Tan Binh 127 is being loaded with 11,000 of rice and Eftichia...
