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.
21 / 10 / 2019
#Nigeria: Bumper harvest could cause milled #rice prices to decrease to NGN 9,000 per 50kg (US $499 PMT) https://t.co/noYcyk7qk8
21 / 10 / 2019
#Philippines: #Rice import tariffs will not cause inflation due to high stock levels, according to former agricultu… https://t.co/euaC72GzBG
21 / 10 / 2019
#Brazil: Aviation institute wants to popularise the use of aircraft in #paddy cultivation (Pt.) https://t.co/CawHRazfn1
21 / 10 / 2019
#India: The pace of #paddy arrivals into Asia’s largest grain market at Khanna increases https://t.co/hkBO1HDTpF
21 / 10 / 2019
21 October 2019
Thai 25% WR is assessed up to US $385 PMT FOB (+$3 PMT) based on fresh market information. Thai PB 100% STX is assessed...
21 / 10 / 2019
Vietnam update
The FAO has estimated Vietnam’s 2019 Winter/Spring crop paddy production at 20.5 million MTS, close to record levels. Winter/Spring production accounts for around 45% of total output and harvesting...
21 / 10 / 2019
Angola update
The FAO has estimated Angola's 2019 paddy production at 45,000 MTS, down by 33.8% year-on-year and 19.6% below the five-year average. Harvesting concluded in May and production was affected by poor...
21 / 10 / 2019
India: Kakinada Port loading update
Two vessels were being loaded with approximately 68,200 MTS of rice in Kakinada Port on 17 October. Please see the table below for more details.
21 / 10 / 2019
Syria’s GFTO announces global origin tender
The LRI understands that Syria’s General Foreign Trade Organization has announced a global origin tender for 45,000 MTS of short grain white rice. Offers must be submitted on a CFR Lattakia/Tartous...
21 / 10 / 2019
Japan’s MAFF announces MA tender
Japan’s Ministry of Agriculture, Forestry and Fisheries will hold a Minimum Access tender for a total of 66,200 MTS on 25 October. Please see the table below for more details.
21 / 10 / 2019
Col-Rice auction results
Col-Rice has awarded the full 16,596 MTS (milled equivalent) of Tariff Rate Quota import licences in its 10 October auction. The lowest winning bid was US $191.01 PMT (up from US $86.11 PMT in its 6...
18 / 10 / 2019
Vietnam exports update
According to market participants, Vietnam exported 5.09 million MTS of milled rice from January – September, up by 1.39% year-on-year. The Philippines was the largest export destination during this...
18 / 10 / 2019
Thailand
The Thai market retained a soft undertone due to persistently slow demand, with Nigeria’s land borders with Niger and...
18 / 10 / 2019
Vietnam
The Vietnamese market had a firm undertone due to tightening supply and rising local prices. Supply has tightened since...
18 / 10 / 2019
Pakistan
There were mixed sentiments in the Pakistani IRRI-6 market. Covering for Chinese orders and increased processing costs...
18 / 10 / 2019
U.S.A.
There was a firm undertone to the milled rice market in the South due to tight milling schedules and concerns over...
18 / 10 / 2019
South America
A 1.7% depreciation of the Real against the U.S. Dollar between 11 – 16 October gave the Brazilian market a soft...
18 / 10 / 2019
Taiwan: TBC to re-tender for Egyptian rice
The Taiwan Bank Corporation (TBC) will re-tender for 500 MTS of Egyptian short grain white rice on 25 October, according to government documents. No awards were made in its previous tenders on 8 and...
17 / 10 / 2019
Mauritius’ STC tender awards
Mauritius’ State Trading Corporation (STC) has awarded the full 6,000 MTS in its 7 August tender. Meskay and Femtee was awarded the largest volume, while Garibsons, Mac Impex and Octavius Tea &...
