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Market Focus: Vietnam becomes the most competitive origin for 5% broken white rice

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...

Trinidad and Tobago production and local prices update

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...

@LiveRiceIndex

15 / 01 / 2019

#Philippines: Farmers concerned by ‘steep decline’ in #paddy prices so far this year https://t.co/sqtsKEyuYD

15 January 2019

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...

Philippines' NFA tenders arrivals update

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...

Philippines stocks update

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%...

@LiveRiceIndex

15 / 01 / 2019

#Senegal River Valley aims to produce 500,000 MTS of #paddy in 2019 (Fr.) https://t.co/qC2vsE0TMj

@LiveRiceIndex

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

@LiveRiceIndex

15 / 01 / 2019

#Uruguay: 2,500ha of #paddy fields are underwater, according to Association of #Rice Growers (Sp.) https://t.co/bsQHAMXaDS

@LiveRiceIndex

15 / 01 / 2019

#India: #Rice export boom since 2010 has ‘not benefited’ consumers and producers https://t.co/vE8RINA2PE

@LiveRiceIndex

15 / 01 / 2019

#EU ‘likely’ to impose tariffs on #Myanmar and #Cambodian #rice this week https://t.co/ZyXFwyUNhE

@LiveRiceIndex

14 / 01 / 2019

Scientists discover way to ‘supercharge’ photosynthesis in #rice plants to help increase growth and field yields https://t.co/1rSetrKzH9

@LiveRiceIndex

14 / 01 / 2019

#Philippines: Hybrid #rice producer considering price cuts if tariffication is approved https://t.co/02bg6GlEVr

@LiveRiceIndex

14 / 01 / 2019

#Bangladesh: Farmers ‘wasting’ 800 litres of water to produce 1kg of #paddy https://t.co/CcMOPjMuwQ

@LiveRiceIndex

14 / 01 / 2019

#Uruguay: Ongoing floods pose 'serious risk' to #paddy production (Sp.) https://t.co/MBTiYFYxPm

@LiveRiceIndex

14 / 01 / 2019

#Japanese companies hope to promote locally grown #rice in #China ahead of Lunar New Year https://t.co/ltF4bLH0bg

14 January 2019

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...

Senegal update

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...

Philippines local prices update

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,...

Venezuela prices update

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...

Myanmar exports update

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...

Niger update

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;...

Cuba production update

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...

@LiveRiceIndex

14 / 01 / 2019

#Philippines: Government agencies preparing for first #rice harvest of 2019 https://t.co/SsH7FAMdwU

@LiveRiceIndex

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

@LiveRiceIndex

14 / 01 / 2019

#Japan: Many consumers turning to #Australian #rice as a competitive alternative to domestically produced #rice https://t.co/1EirNL3XfQ

@LiveRiceIndex

14 / 01 / 2019

#Argentina: #Rice production in Corrientes affected by heavy rainfall; more expected soon (Sp.) https://t.co/LQxzL22t0f

@LiveRiceIndex

14 / 01 / 2019

#Bangladesh: Commerce Minister expects local #rice prices to decrease within a week https://t.co/fZzDBoTQqJ

@LiveRiceIndex

11 / 01 / 2019

#India: #Rice farmers in Odisha continue to wait to for mandis to open to sell their crops https://t.co/krpTpK1F6d

@LiveRiceIndex

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

@LiveRiceIndex

11 / 01 / 2019

#Philippines: South Cotabato provincial board concerned by decreasing #paddy prices in recent weeks https://t.co/laIex8sA8e

@LiveRiceIndex

11 / 01 / 2019

#EU expected to impose import duties on #Myanmar and #Cambodian #rice from 16 January https://t.co/ixpqWISVQa

@LiveRiceIndex

11 / 01 / 2019

#Vietnam: Organic ST24 fragrant #rice is twice as profitable as ‘ordinary’ rice for farmers (Vn.) https://t.co/sd6vlRsaWP

Brazil: Rio Grande Port loading update

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...

@LiveRiceIndex

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 January 2019

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...

Cambodia exports update

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...

India water supply update

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...

@LiveRiceIndex

11 / 01 / 2019

#Philippines: 2018 #rice production in Antique ‘more than sufficient’ for consumption https://t.co/t6FuuLz94g

@LiveRiceIndex

11 / 01 / 2019

#Bangladesh: Local #rice prices increased due to disruption caused by general election https://t.co/onvh6AaEhD

@LiveRiceIndex

11 / 01 / 2019

#China: Consumers concerned by safety of #Japanese #rice imports https://t.co/W41b2bsmPZ

@LiveRiceIndex

11 / 01 / 2019

#Uruguayan #rice industry hardest hit from fall in #Brazilian imports (Sp.) https://t.co/00lAnDDych

@LiveRiceIndex

11 / 01 / 2019

#Indonesia: President assures public that #rice stocks are adequate https://t.co/ySrh7ROXNk

Vietnam

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...

Thailand

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...

South America

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...

Pakistan

11 / 01 / 2019

Pakistan

There was a firm undertone to the Pakistani IRRI-6 market as offshore demand improved, with sales to African...

U.S.A.

11 / 01 / 2019

U.S.A.

Despite enquiries from China for Calrose, mills in the South did not report any Chinese interest; most market...

Cambodia

11 / 01 / 2019

Cambodia

The E.U. Commission (EC) is ‘almost certainly’ re-imposing import tariffs on both Myanmar and Cambodian whole and...

Other Countries

11 / 01 / 2019

Other Countries

According to the Philippines’ National Food Authority (NFA), 166 companies had applied for licences to import rice...

India

11 / 01 / 2019

India

There were mixed sentiments in the Indian non-Basmati market as sales to African destinations and tight paddy supply...

Egypt

11 / 01 / 2019

Egypt

Egypt’s General Authority for Supply Commodities (GASC) will hold a global origin tender for 20,000 MTS (+/-10%) of...

Other Countries

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...

Other Countries

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...

Other Countries

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...

Other Countries

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...

Italy

11 / 01 / 2019

Italy

The Italian paddy market re-opened this week with a firm undertone due to increased demand. Farmers and millers expect...

Other Countries

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...

Myanmar

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...

Mauritius’ STC announces new tender

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...

Brazil production update

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....

Brazil production update

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...

Italy exports update

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%...

@LiveRiceIndex

10 / 01 / 2019

#Philippines: #Rice tariffication expected to help stabilise food prices and the country’s inflation rate https://t.co/bwUvXr8u5b

@LiveRiceIndex

10 / 01 / 2019

#Cameroon: Local #rice production accounting for approximately one-third of consumption (Fr.) https://t.co/TpFLVx2NTN

@LiveRiceIndex

10 / 01 / 2019

#Pakistan: Minister hopes that #Canada will consider increased #rice imports https://t.co/cPI9aPZ0Ak

@LiveRiceIndex

10 / 01 / 2019

#Nigeria: Value of 2018 #rice imports totalled US $1.2 billion https://t.co/HXt72iwTj1

@LiveRiceIndex

10 / 01 / 2019

#Brazil: 2019 #rice planted area expected to decrease due to reduced financial returns (Pt.) https://t.co/5qDbwtOFkd

10 January 2019

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...

Myanmar: Yangon Port loading update

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...

@LiveRiceIndex

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

@LiveRiceIndex

10 / 01 / 2019

#Japan: #Rice exports to #China from Niigata Prefecture resume following eight year break https://t.co/ykexZadUGh

@LiveRiceIndex

10 / 01 / 2019

#Cameroon: Supply of domestic #rice struggling to keep up with demand https://t.co/UTJkEKrMA7

@LiveRiceIndex

10 / 01 / 2019

#Cambodia: #EU tariffs on #rice imports ‘almost certain’; decision expected imminently https://t.co/5U7DDeGlwv

@LiveRiceIndex

10 / 01 / 2019

#Philippines: Decision to not extend quantitative restrictions on #rice imports has improved the country’s position… https://t.co/CaEKSYuT2d

Egypt’s GASC announces tender

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...

@LiveRiceIndex

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

Pakistan update

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...

@LiveRiceIndex

09 / 01 / 2019

#Nigeria: 120,000 #rice farmers benefit from Central Bank’s Anchor Borrower programme https://t.co/jSmbUdqlJA

@LiveRiceIndex

09 / 01 / 2019

#India: BJD leaders demand a Minimum Support Price increase for #paddy during a sit-in https://t.co/CVWb6BA5MO

@LiveRiceIndex

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

@LiveRiceIndex

09 / 01 / 2019

#Brazil: #Rice exports in 2018 totalled 1.4 million MTS, valued at US $467 million (Pt.) https://t.co/uuheGDjFDG

9 January 2019

09 / 01 / 2019

9 January 2019

Despite WR demand from buyers in the Philippines, Vietnamese exporters have lowered their offers to encourage trade. As...

Vietnam 2018 production update

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...

Brazil exports and imports update

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...

Thailand Methodology revisions

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...

@LiveRiceIndex

09 / 01 / 2019

#Brazil: Shortage of aviation fuel threatens the distribution of fertiliser on #rice crops in Rio Grande (Pt.) https://t.co/EahAKC2kpq

@LiveRiceIndex

09 / 01 / 2019

#Morocco: #Rice production becoming increasingly important, employing 2,500 farmers (Fr.) https://t.co/o3JWhPKEXP

@LiveRiceIndex

09 / 01 / 2019

#USA: #Rice industry hopes that #China will purchase more than 100,000 MTS in near future https://t.co/KePKy7aHIm

@LiveRiceIndex

09 / 01 / 2019

#Cambodia: #Rice shipments to the #EU delayed as exporters await import tariff decision https://t.co/OEnIqFLgsW

@LiveRiceIndex

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

Costa Rica's Conarroz tender results

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...

Market Focus: Spread between Vietnamese 5% and 100% broken white rice

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...

@LiveRiceIndex

08 / 01 / 2019

#Peru: #Rice farmers in the San Lorenzo Valley required to pay for 75% of irrigation water (Sp.) https://t.co/XAhP9hVSb6

India port clarification

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...

@LiveRiceIndex

08 / 01 / 2019

#India: Protestors expected to rally in Delhi today to demand a higher national #paddy MSP https://t.co/LfNIU05an2

@LiveRiceIndex

08 / 01 / 2019

#Taiwan and #Haiti signs agreements to strengthen #rice production cooperation (Fr.) https://t.co/W5uBAnLQXz

Thai exports update

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...

8 January 2019

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...

Pakistan: Karachi Port loading update

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...

Parboiled: December 2018

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...

Japonica: December 2018

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...

Fragrant: December 2018

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...

Indica: December 2018

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...

7 January 2019

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...

Bangladesh local prices update

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...

Philippines private imports licences update

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...

Brazil: Rio Grande Port loading update

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,...

Philippines' NFA tenders arrivals update

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...

South Korea: KAFFTC tender results

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.

4 January 2019

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,...

Brazil planting update

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...

Thailand

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...

Vietnam

04 / 01 / 2019

Vietnam

Vietnamese white rice prices were under pressure due to continued slow demand from buyers in China. Vietnamese 5%...

Pakistan

04 / 01 / 2019

Pakistan

Expectations that the State Bank of Pakistan would lift its cash flow restrictions improved trade in the domestic...

U.S.A.

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...

Cambodia

04 / 01 / 2019

Cambodia

Cambodian exporters focused on concluding sales of Sen Kra Ob to destinations such as China and Europe for...

South America

04 / 01 / 2019

South America

The markets in South America were very quiet, with many participants away for the Christmas and New Year holiday...

Other Countries

04 / 01 / 2019

Other Countries

The Philippines’ Agriculture Secretary and Chairman of the National Food Authority (NFA) Council has assured the...

Other Countries

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...

Other Countries

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...

India

04 / 01 / 2019

India

Indian whole grain white rice prices were under pressure from slow offshore demand. Despite rising paddy prices in...

Other Countries

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...

Italy

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...

Myanmar

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...

Other Countries

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...

Other Countries

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...

OPEC update

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,...

Uruguay exports update

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...

U.S. exporters welcome access to China

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...

India Basmati production update

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....

3 January 2019

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...

Pakistan: Karachi Port loading update

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...

Italy paddy stocks update

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...

Myanmar: Yangon Port loading update

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...

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Friday
11
January
Egypt's GASC will hold a global origin tender for 20,000 MTS (+/- 10%) of short/medium grain rice on 27 January; Costa Rica's Conarroz awards 44,000 MTS of South American paddy to ADM; Cambodia's main export market in 2018 was the E.U., importing 269,127 MTS (43% of total exports)
Friday
04
January
Turkey's TMO purchased 4,000 MTS of milled rice and 36,000 MTS of paddy in its 25 December tenders; South Korea's KAFFTC purchased a total of 37,625 MTS in its 27 December MMA tender; Uruguayan rice exports totalled 90,587 MTS in December 2018, up by 74% year-on-year
Friday
28
December
Turkey's TMO held 23 tenders on 25 December for a total of 62,000 MTS; South Korea's KAFFTC purchased 120,889 MTS in 21 December MMA tender and will hold another MMA tender for 82,883 MTS on 27 December; Thai milled rice exports between January - November 2018 totalled 10.1 million MTS, down by 4.19% year-on-year
Friday
21
December
Japan's MAFF awards the full 69,000 MTS in its 20 December MA tender and 7,004 MTS in its 19 December SBS tender; Nigeria's 2018/19 milled rice imports forecast to increase by 25% year-on-year to 2.5 million MTS; India's Chhattisgarh state govt. announces 42.9% increase in paddy MSP to INR 25,000 (US $356.46) PMT