13 / 12 / 2018
#Taiwan: #Rice farmers are using sensors to track rainfall, temperature and soil chemicals (Vn.) https://t.co/hJnE9XgvTK
13 / 12 / 2018
Brazil exports and imports update
Brazil’s rice exports between 1 January – 30 November 2018 totalled 1.52 million MTS, up by 89.2% year-on-year, according to IRGA. Exports in November totalled 115,784 MTS (+21.4%). Brazil’s...
13 / 12 / 2018
13 December 2018
Thai 100% Grade B, 5%, 10% and 15% WR are all assessed up by US $3 PMT following a strengthening of the Baht against...
13 / 12 / 2018
#Vietnam: Prime Minister allocates 2.4 million MTS of #rice from the national reserve to people affected by floods… https://t.co/xoQLLOj8O3
13 / 12 / 2018
#IvoryCoast: Agriculture Minister hopes new inflatable dam on N’Zi River will encourage #paddy production of up to… https://t.co/Qp2OdXLvjn
13 / 12 / 2018
#Vietnam: Standing Committee of the National Assembly considers supplementing #rice purchasing budget with up to VN… https://t.co/hjfturTWPx
13 / 12 / 2018
#Vietnamese government sees #SouthAfrica as a potential #rice export market https://t.co/VWt56ZBV99
13 / 12 / 2018
#Ghana: Local #paddy price in Navrongo is GHS 230 per 165kg (US $280 PMT) https://t.co/w9gAKXNXkW
13 / 12 / 2018
KCCO amends 18 December domestic tender
The U.S. Kansas City Commodity Office (KCCO) amended its 18 December domestic tender. The initial volume requested included 270 MTS of U.S. #2, 7% broken long grain white rice destined for Guatemala...
13 / 12 / 2018
Peru updates rice import levy
The LRI understands that the Peruvian Ministry of Economy and Finance has updated its variable import levy to US $92 PMT for milled rice and US $64 PMT for paddy. The reference price of rice now...
12 / 12 / 2018
#Brazil: An average of 219,300 bags of #rice per year are lost when transported via road to ports (Pt.) https://t.co/PvlgCMljbS
12 / 12 / 2018
Brazil production update
Brazilian paddy production in the 2018/19 marketing year is expected to fall by 4.5% year-on-year to 11.2 million MTS, according to the Brazilian Institute of Geography and Statistics (IBGE). Output...
12 / 12 / 2018
#DominicanRepublic: President offers support to 200 farmers in Montecristi to grow organic #rice (Sp.) https://t.co/DbE8hFwSMg
12 / 12 / 2018
#Panama: #Rice farmers protest against continued loss of planted area (Sp.) https://t.co/wbbiiVp8GY
12 / 12 / 2018
#Philippines: Rice Research Institute explores use of drones in #rice farming to cut production costs https://t.co/Ig5HYtqTLk
12 / 12 / 2018
#Nigeria: 8,000 #rice farmers in Kebbi State to benefit from government’s borrower loan scheme to boost dry season… https://t.co/f7LCnlxLj1
12 / 12 / 2018
12 December 2018
Pakistani WR prices are assessed down as exporters continue to lower their offers to attract fresh demand, with 5% and...
12 / 12 / 2018
India stocks update
Rice stocks in the Food Corporation of India’s Central Pool totalled 41.4 million MTS as of 1 December, representing 26.2% month-on-month and 7.53% year-on-year increases. Of this volume, 14.8...
12 / 12 / 2018
Philippines stocks update
Rice stocks in the Philippines totalled 3 million MTS as of 1 November 2018, according to the Philippine Statistics Authority. This represents an 88.7% increase since October 2018 and a 1.41%...
12 / 12 / 2018
Cambodia exports update
Cambodian milled rice exports during January – November 2018 are estimated at 497,240 MTS, down by 11.6% year-on-year, according to local reports. Exports have been affected by tight supply and...
12 / 12 / 2018
#India: #Paddy farmers in Dakshina Kannada concerned about loss of crops to pests following recent rainfall https://t.co/u4xS9Qci6X
12 / 12 / 2018
#Philippines: Retail #rice prices range between PHP 34 - 39 per kg (US $644.21 - $739.74 PMT) https://t.co/V5EwwpOocT
12 / 12 / 2018
#UN’s #FAO predicts #Africa will need US $7 billion per year for #rice imports by 2020 (Fr.) https://t.co/kZdOtZcwOn
12 / 12 / 2018
#Bangladesh: 2018 milled #rice production estimated at record 36.2 million MTS https://t.co/RMxrvU8B6s
12 / 12 / 2018
The East African Community encourages the removal of all barriers to #rice trade, especially between #Tanzania and… https://t.co/8Xu6zBXP3u
11 / 12 / 2018
#India: #Paddy fields could be used to remove pesticides from drainage water from farms https://t.co/4fT3aGlSsz
11 / 12 / 2018
Brazil production update
Brazilian paddy production in the 2018/19 marketing year is forecast to decline by 6.6% year-on-year to 11.3 million MTS, according to CONAB. Planted area is expected to decrease to 1.84 million...
11 / 12 / 2018
Value of #Brazilian #rice exports to #Venezuela between January – November 2018 totalled US $153 million (Pt.) https://t.co/xUGjj6LblY
11 / 12 / 2018
Sri Lanka update
The FAO has estimated 2018 Sri Lankan paddy production at 3.81 million MTS, up by 59.8% year-on-year but 3.01% below the five-year average. Production in 2018 recovered from drought-reduced output in...
11 / 12 / 2018
#Philippines: NFA increased allocation to #rice outlets in Negros Occidental following arrival of imports https://t.co/CxkDwXAnYm
11 / 12 / 2018
#Nigeria: Government food market to sell #rice at NGN 15,000 per 50kg (US $826.23 PMT) https://t.co/lObwdThZqN
11 / 12 / 2018
#Cambodia: Fire damages 42ha of #paddy fields in Mondulkiri Province https://t.co/tIUpfqAirw
11 / 12 / 2018
11 December 2018
A decline in local prices and slow demand is placing pressure on Vietnamese whole grain WR prices, with 5% and 25% WR...
11 / 12 / 2018
Bangladesh update
The FAO has forecast Bangladeshi 2018 paddy production at 53.6 million MTS, up by 4.46% year-on-year and 3.61% above the five-year average. Harvesting of the 2018 Aman crop (accounting for 40% of...
11 / 12 / 2018
#India: More than 90% of #paddy crops in Gelephu damaged by elephants https://t.co/PCoIbJMMzX
11 / 12 / 2018
#India: Average #paddy field yield in Bokaro district declined due to low rainfall levels during monsoon season https://t.co/mko4bVW90u
11 / 12 / 2018
#Philippines: #Paddy production increased by 1.3% per year in last five years to 19.3 million MTS in 2017 https://t.co/bNWHv5SXwN
11 / 12 / 2018
#Angola: Domestic #rice production accounts for only 6% of annual consumption (Pt.) https://t.co/xZlDu2UZSt
11 / 12 / 2018
#Panama: Government signs new contract to import 200,000 quintals (9,070 MTS) of #rice from #Guyana (Sp.) https://t.co/8bqu1ki37S
11 / 12 / 2018
USDA releases its latest WASDE and Crop Production reports
The USDA has raised its forecast for 2018/19 global milled rice production in its latest WASDE report by 400,000 MTS to 491.1 million MTS. Increased forecasts of Nigerian and Nepalese production is...
11 / 12 / 2018
Taiwan's CoA re-tender results
The LRI understands that Taiwan’s Council of Agriculture awarded the full 18,100 MTS of medium/short grain brown rice in its 11 December U.S. Country Specific Quota re-tender. Shipment is required...
11 / 12 / 2018
Philippines’ NFA’s 20 November G2P tender results
The LRI understands that the Philippines’ National Food Authority has confirmed the purchases it made in its 20 November government-to-private tender with the awarded companies. Please see the...
10 / 12 / 2018
Global #rice consumption is forecast to increase by 1.4% year-on-year to a record 500 million MTS in 2018/19 and to… https://t.co/Zj0LB5alAW
10 / 12 / 2018
#Brazil exported 1.24 million MTS of #rice between Jan. – Nov. 2018, more than double year-on-year, boosted by suff… https://t.co/GLibxfTCK0
10 / 12 / 2018
The #Philippines is expected to import more than 500,000 MTS of #rice from #Vietnam, #Thailand, #Myanmar and… https://t.co/93ah0oMnmz
10 / 12 / 2018
The #Philippines’ House of Representatives approves bill to impose tariffs on #rice in place of import quotas in bi… https://t.co/jOWaN3TVhz
10 / 12 / 2018
#Rice production in #Nepal’s Province 1 rises by 12% year on year to 1.24 million MTS from a planted area of 323,18… https://t.co/CQ1x3DTrs0
10 / 12 / 2018
10 December 2018
Vietnamese exporters lowered their WR offers due to slow demand from buyers in China following the implementation of...
10 / 12 / 2018
The #Philippines’ House of Representatives approves bill to impose tariffs on #rice in place of import quotas in bi… https://t.co/j489Z2tjzJ
10 / 12 / 2018
The #Philippines’ Department of Agriculture will develop #rice production in other parts of the country after typho… https://t.co/4Zs8EcH5s9
10 / 12 / 2018
The #Philippines is expected to import more than 500,000 MTS of #rice from #Vietnam, #Thailand, #Myanmar and… https://t.co/NkDR4auHkT
10 / 12 / 2018
#Liberian President Weah officially launches the distribution of more than 200 MTS of #rice in Freeport under “Pro-… https://t.co/Tj0IVbBD3D
10 / 12 / 2018
Farmers in #China achieve record field yield of more than 18 MTS/ha in experimental #paddy field https://t.co/yLkl7p7QJv
10 / 12 / 2018
OPEC update
The Organization of Petroleum Exporting Countries (OPEC) agreed to reduce oil production by 800,000 barrels per day (bpd) for six months starting in January 2019 from October 2018 levels in meetings...
10 / 12 / 2018
Peru update
The FAO has estimated 2018 Peruvian paddy production at 3.47 million MTS, up by 14.1% year-on-year and 13.3% above the five-year average due to an increase in planted area and favourable weather...
10 / 12 / 2018
KCCO tender results
The U.S. Kansas City Commodity Office has awarded the full 2,040 MTS in its 6 December domestic tender. Beaumont Rice Mills was awarded 810 MTS of U.S. #5, 20% broken fortified long grain white rice...
07 / 12 / 2018
#Philippines: #Rice farmers in Isabela achieve average field yield of 9 MTS/ha https://t.co/VjPrBitw8H
07 / 12 / 2018
#LRI Report Published! #Australia's 2018/19 planted area forecast to decline by 75% year-on-year; #SouthKorea will… https://t.co/JAPG8Thu6N
07 / 12 / 2018
#SaudiArabia donates 3.12 million MTS of #rice to internally displaced persons in #Nigeria https://t.co/q4jaT1Kvrs
07 / 12 / 2018
#Philippines: Towns in Pangasinan, Tarlac and Nueva Ecija provinces delayed #paddy planting for six months due to i… https://t.co/jSngDSq4CX
07 / 12 / 2018
#India: 2018/19 Basmati #rice exports forecast to total 4 million MTS, down by 2.44% year-on-year due to decline in… https://t.co/zFjiFirP6x
07 / 12 / 2018
#Cambodian #rice exporters to collaborate to meet #China’s 300,000 MT rice import quota (Vn.) https://t.co/XLPtErvolX
07 / 12 / 2018
7 December 2018
U.S. #2 Paddy, 55/70 Yield is assessed up to US $278 PMT FOB bulk NOLA (+$3 PMT) as lower offers were no longer...
07 / 12 / 2018
India: Kakinada Port loading update
Seven vessels were being loaded with a total of 214,000 MTS of rice in Kakinada Port on 6 December. Phoenix was loading one vessel with 31,500 MTS of Parboiled 5% for Liberia and a second vessel with...
07 / 12 / 2018
Philippines private imports update
According to the Philippines' National Food Authority, 90 companies have applied for licences to import rice outside of the Minimum Access Volume Scheme for a total of 575,278 MTS of well milled...
07 / 12 / 2018
India water supply update
Water levels in India’s 91 major reservoirs totalled 94.99 billion cubic metres as of 6 December, according to the Ministry of Water Resources, River Development and Ganga Rejuvenation. This...
07 / 12 / 2018
#Chinese government to support farmers in #GuineaBissau by implementing hybrid #rice production (Fr.) https://t.co/oDMmSUMX0Q
07 / 12 / 2018
#Bhutan: 2017 planted area estimated at 20,547ha, down by 26.6% from 1981 https://t.co/XKdDKb321k
07 / 12 / 2018
#India: Kharif crop #paddy procurement began in Jharsuguda on Wednesday (5 December); procurement price set at INR… https://t.co/MrLwsOU7DT
07 / 12 / 2018
#Philippines: Senator Villar calls for better distribution of funds for local #rice farmers following implementatio… https://t.co/o5ivEI6PrF
07 / 12 / 2018
#Venezuela: Guárico planted area forecast at a maximum of 15,000ha due to seed and pesticide shortages (Sp.) https://t.co/C9bAudu2aX
07 / 12 / 2018
KCCO announces domestic tender
The U.S. Kansas City Commodity Office will hold a domestic tender for 4,820 MTS of rice on 18 December. Of this volume, 270 MTS will comprise U.S. #2, 7% broken long grain white rice destined for...
07 / 12 / 2018
Thailand
The Thai white rice market was generally stable as improved new crop supply and subdued African demand were offset by...
07 / 12 / 2018
Vietnam
The Philippines’ National Food Authority (NFA) is expected to award Vinafood 2 118,000 MTS of 25% broken white rice...
07 / 12 / 2018
Pakistan
The Pakistani Rupee depreciated by 3.1% against the U.S. Dollar between 30 November – 7 December following the...
07 / 12 / 2018
U.S.A.
Fresh demand for U.S. long grain remained subdued and mills concentrated on processing orders for Iraq and regular...
07 / 12 / 2018
South America
The Brazilian market was initially supported by a 1% appreciation of Real against the U.S. Dollar on Monday (3...
07 / 12 / 2018
India
Subdued offshore demand and a weakening of the Rupee against the U.S. Dollar put pressure on Indian non-Basmati prices;...
07 / 12 / 2018
Other Countries
The Italian Indica market had a firm undertone as farmers remained unwilling to lower their paddy offers in...
07 / 12 / 2018
Italy
The Italian Indica market had a firm undertone as farmers remained unwilling to lower their paddy offers in...
07 / 12 / 2018
Cambodia
E.U. member states did not reach a joint decision on whether to re-impose tariffs on rice imports from Cambodia and...
07 / 12 / 2018
Myanmar
E.U. member states did not reach a joint decision on whether to re-impose tariffs on rice imports from Cambodia and...
07 / 12 / 2018
Other Countries
The USDA forecast Indonesian 2019 milled rice production at 37.3 million MTS, up by 0.81% year-on-year. Harvested area...
07 / 12 / 2018
Other Countries
According to the Philippines’ National Food Authority (NFA), 90 companies have applied for licences to import rice...
07 / 12 / 2018
Other Countries
Japan’s Ministry of Agriculture, Forestry and Fisheries (MAFF) will hold a Simultaneous-Buy-Sell (SBS) tender on 19...
07 / 12 / 2018
Other Countries
Australian planted area in the 2018/19 marketing year (April - March) is forecast to decline by 75% year-on-year to...
07 / 12 / 2018
Other Countries
The USDA lowered its estimate of South Korean milled rice production in the 2018/19 marketing year (November –...
07 / 12 / 2018
Other Countries
According to local reports citing the Ministry of Industry, Trade and Investment, the wholesale price of rice in Dar es...
07 / 12 / 2018
Other Countries
The Iranian government lifted its annual rice import ban on 28 November. The ban was imposed in September 2018 to...
07 / 12 / 2018
Egypt
The FAO estimated Egypt’s 2018 paddy production at 4.9 million MTS, down by 23.2% year-on-year and 20.7% below the...
07 / 12 / 2018
Other Countries
The FAO’s All Rice Price Index declined by 2 points (-0.93%) last month to a 14-month low of 214 points, according to...
07 / 12 / 2018
Other Countries
According to Ecuador’s Ministry of Agriculture and Livestock, Colombia has agreed to import 44,200 MTS of milled rice...
07 / 12 / 2018
Other Countries
The Agricultural Market Information System (AMIS) released its latest forecast for world supply and demand. AMIS has...
06 / 12 / 2018
#France: #Rice farmers in Camargue to recycle #paddy straw for use as home insulation (Fr.) https://t.co/BP4JjkMsr6
06 / 12 / 2018
#India: Food Corporation of India to buy #paddy from farmers in Tripura State from 15 December https://t.co/YdbOssMwkx
06 / 12 / 2018
#India: West Bengal Chief Minister announces two new #paddy storage schemes https://t.co/B3XFTADm3H
06 / 12 / 2018
Ecuador's rice exports to Colombia update
According to Ecuador's Ministry of Agriculture and Livestock, Colombia has agreed to import 44,200 MTS of milled rice from Ecuador between 15 November - 31 December 2018 under the two countries'...
06 / 12 / 2018
6 December 2018
Pakistani 25% WR and PB 5% STX are assessed down to US $320 PMT FOB (-$5 PMT) and US $392 PMT FOB respectively due to...
06 / 12 / 2018
AMIS releases Market Monitor update
The Agricultural Market Information System (AMIS) has released its latest forecast for world supply and demand. AMIS has forecast 2018/19 global milled rice production at 512.9 million MTS, a 1.3%...
06 / 12 / 2018
FAO All Rice Price Index down by 2 points in November
The FAO’s All Rice Price Index declined by 2 points (-0.93%) last month to a 14-month low of 214 points, according to its December 2018 report. The prices of higher and lower quality Indica rice...
05 / 12 / 2018
Uruguay exports update
Uruguayan rice exports totalled 42,631 MTS in November 2018, according to Uruguay XXI. This represents a 47.5% month-on-month and a 43.2% year-on-year decrease. Milled rice comprised 32,524 MTS of...
05 / 12 / 2018
Japonica: November 2018
The Calrose market had a firm undertone ahead of Japan’s Ministry of Agriculture, Forestry and Fisheries’ 9 November Minimum Access tender, which caused our assessment of U.S. #1, 4% broken white...
05 / 12 / 2018
Parboiled: November 2018
The price of Thai Parboiled 100% STX initially declined as East and West African demand slowed due to competitive prices from other origins. However, it then stabilised as sales to Benin and covering...
05 / 12 / 2018
Fragrant: November 2018
We concluded our transition to new crop pricing for Thai Hom Mali 100% Grade B at the beginning of the month. The price of Hom Mali initially rose due to increased buying in the local market as...
05 / 12 / 2018
Indica: November 2018
Our assessment of Thai 5% broken white rice initially declined due to slow demand but was then supported by sales to China’s COFCO, Malaysia’s Bernas and the Philippines’ National Food...
05 / 12 / 2018
5 December 2018
Despite expectations that the official results of the Philippines’ National Food Authority’s 20 November G2P tender...
05 / 12 / 2018
Indonesia update
The USDA has forecast Indonesian 2019 milled rice production at 37.3 million MTS, up by 0.81% year-on-year. Harvested area and the average field yield are also both forecast to increase to 12.2...
05 / 12 / 2018
Philippines local prices update
The average farmgate price of paddy in the Philippines decreased by 0.94% week-on-week and increased by 8.77% year-on-year to PHP 20.09 per kg (US $396.04 PMT) during the second week of November...
05 / 12 / 2018
Tanzania local price update
According to local reports citing the Ministry of Industry, Trade and Investment, the wholesale price of rice in Dar es Salaam increased from between TZS 131,500 – 163,500 per 100kg (US $572 - $711...
05 / 12 / 2018
E.U. import tariff vote update
According to reports, the E.U. member states did not reach a joint decision on whether to re-impose tariffs on rice imports from Cambodia and Myanmar in a vote held yesterday (4 December). As a...
05 / 12 / 2018
Japan's MAFF announces SBS tender
Japan’s Ministry of Agriculture, Forestry and Fisheries (MAFF) will hold a Simultaneous-Buy-Sell (SBS) tender on 19 December for a total of 25,000 MTS. In its previous SBS tender, MAFF awarded a...
04 / 12 / 2018
Brazil planting update
Brazil’s 2018/19 total planted area is forecast at 1.01 million hectares, according to IRGA. Planting was 95.2% complete as of 30 November at 958,712ha. Please see the table below for more details.
04 / 12 / 2018
4 December 2018
Pakistani 5% WR is assessed down to US $358 PMT FOB (-$3 PMT) based on reported trades to East Africa and PB 5% STX is...
04 / 12 / 2018
Australia planting and production update
Australian planted area in the 2018/19 marketing year (April - March) is forecast to decline by 75% year-on-year to 15,100ha due to reduced water supply, according to the Australian Bureau of...
04 / 12 / 2018
South Korea update
The USDA has lowered its estimate of South Korean milled rice production in the 2018/19 marketing year (November – October) to 3.87 million MTS, down by 2.62% year-on-year. The revised estimate is...
04 / 12 / 2018
Egypt update
The FAO has estimated Egypt’s 2018 paddy production at 4.9 million MTS, down by 23.2% year-on-year and 20.7% below the five-year average. The decline is due to a contraction in planted area to...
04 / 12 / 2018
Thailand update
The USDA has forecast Thailand’s 2019 milled rice production at 20.7 million MTS, up by 1.69% year-on-year. The main crop (which is being harvested now) is expected to account for 14.9 million MTS...
04 / 12 / 2018
South Korea: KAFFTC announces tender
South Korea's Agro-Fisheries and Food Trade Corporation will hold a Minimum Market Access tender for a total of 25,222 MTS. Bids must be registered by 11 December and e-bidding will take place on 12...
03 / 12 / 2018
3 December 2018
Thai WR, PB and Hom Mali prices are being supported by a strengthening of the Baht against the U.S. Dollar. As a result...
03 / 12 / 2018
Iran lifts import ban
The LRI understands that the Iranian government lifted its annual rice import ban on 28 November. The ban was imposed in September 2018 to support local prices during the harvesting season (August...
03 / 12 / 2018
Vietnam planting and harvesting update
According to the General Statistics Office of Vietnam, harvested area of 10th Month crop reached 1.47 million hectares as of 15 November, down by 1.9% year-on-year. Of this area, the North accounted...
03 / 12 / 2018
Philippines paddy procurement update
According to local reports, domestic paddy procurement by the Philippines’ National Food Authority (NFA) increased by 111.9% month-on-month to 630,934 bags (18,930 MTS) in November. This figure...
03 / 12 / 2018
Philippines’ NFA 18 October G2P import arrivals update
According to the Philippines’ National Food Authority (NFA), 43,000 MTS of the 47,000 MTS awarded in the NFA’s 18 October government-to-private tender for 250,000 MTS of 25% broken white rice has...
03 / 12 / 2018
Philippines private imports update
According to the Philippines' National Food Authority, 30 companies have applied for licences to import rice outside of the Minimum Access Volume Scheme. Licences are available for up to 350,000 MTS...
03 / 12 / 2018
Thailand exports update
Thai milled rice exports between January – October 2018 totalled 9.05 million MTS, up by 0.27% year-on-year, according to the Thai Rice Exporters Association. These exports are valued at THB 146...
30 / 11 / 2018
Pakistani Rupee reaches record low against U.S. Dollar
The Pakistani Rupee reached a record low of PKR 139 against the U.S. Dollar today following a 3.8% depreciation, according to reports. This is attributed to the fifth currency devaluation by the...
30 / 11 / 2018
30 November 2018
Despite the announcement of a 5% subsidy on non-Basmati exports earlier this week, the Indian market is being supported...
30 / 11 / 2018
India water supply update
Water levels in India’s 91 major reservoirs totalled 98.4 billion cubic metres as of 29 November, according to the Ministry of Water Resources, River Development and Ganga Rejuvenation. This...
30 / 11 / 2018
Brazil: Rio Grande Port loading update
No vessels were being loaded with rice in Rio Grande Port on 29 November. Eight vessels carrying a total of 169,963 MTS of rice sailed from Rio Grande Port in November. Of this volume, 30,594 MTS...
30 / 11 / 2018
Thailand
The Philippines’ National Food Authority (NFA) purchased 80,000 MTS of Thai 25% broken white rice at US $469.80 PMT...
30 / 11 / 2018
Vietnam
The Philippines’ National Food Authority (NFA) awarded Vietnam 123,000 MTS of 25% broken white rice in its 28...
30 / 11 / 2018
Pakistan
According to market participants, the bulk of the IRRI-6 new crop has now arrived on to the Pakistani market. Despite...
30 / 11 / 2018
U.S.A.
The market in the South was quiet following Thanksgiving last week; exporters anticipate that fresh trade will remain...
30 / 11 / 2018
Other Countries
According to reports, the World Meteorological Organization has forecast a 75% - 80% chance of a weak El Niño event...
30 / 11 / 2018
Other Countries
Private buyers in Panama purchased the full volumes of U.S. long grain paddy and milled rice in their 30 November...
30 / 11 / 2018
Other Countries
The Philippines’ National Food Authority (NFA) awarded the full 203,000 MTS of 25% broken white rice in its 28...
30 / 11 / 2018
South America
The LRI understands that Euricom purchased paddy for Venezuela and 5% broken white rice for Cuba last week; shipment of...
30 / 11 / 2018
Other Countries
According to data from Conmasur’s latest meeting on 23 November 2018, total 2018/19 supply in Conmasur countries...
30 / 11 / 2018
Myanmar
The Myanmar market was supported by a 1.15% appreciation of the Kyat against the U.S. Dollar between 23 – 30 November...
30 / 11 / 2018
Cambodia
The Cambodian market remained quiet, with many exporters not offering for fresh business; Phka Malis stocks are...
30 / 11 / 2018
Italy
The Italian market had a firm undertone as supply is tightening due to the 2018 crop’s poor field and milling yields....
30 / 11 / 2018
India
Indian exporters will receive a 5% subsidy for non-Basmati rice exports under the Merchandise Exports from India Scheme...
30 / 11 / 2018
Other Countries
The Italian market had a firm undertone as supply is tightening due to the 2018 crop’s poor field and milling yields....
30 / 11 / 2018
Other Countries
Taiwan’s Council of Agriculture (CoA) will hold a normal tender for a total of 18,134 MTS of medium/short grain brown...
30 / 11 / 2018
Other Countries
Japan’s Ministry of Agriculture, Forestry and Fisheries (MAFF) awarded the full 60,000 MTS in its 29 November Minimum...
30 / 11 / 2018
Taiwan’s CoA re-tender results
Taiwan’s Council of Agriculture (CoA) did not make any awards in its 29 November re-tender for 18,000 MTS of brown medium grain under the U.S. Country Specific Quota as offers were above the...
30 / 11 / 2018
Panama tender results
The LRI understands that private buyers in Panama purchased the full volumes of U.S. long grain paddy and milled rice in their 30 November tender. TRC was awarded 11,800 MTS of paddy at US $321.87...
30 / 11 / 2018
Taiwan's CoA to hold medium/short grain brown rice tender
Taiwan's Council of Agriculture will hold a normal tender for a total of 18,134 MTS of medium/short grain brown rice under the U.S. Country Specific Quota on 7 December. Shipment is required from 8...
30 / 11 / 2018
Japan's MAFF SBS tender results
Japan's Ministry of Agriculture, Forestry and Fisheries has awarded a total of 10,963 MTS out of a possible 25,000 MTS in its 30 November Simultaneous-Buy-Sell tender. Please see the table below for...
29 / 11 / 2018
Panama to hold U.S. long grain tender
The LRI understands that private buyers in Panama will hold a tender for 6,000 MTS of U.S. long grain milled rice and 11,800 MTS of U.S. long grain paddy tomorrow (30 November). Shipment is required...
29 / 11 / 2018
Japan's MAFF MA tender results
Japan’s Ministry of Agriculture, Forestry and Fisheries has awarded the full 60,000 MTS in its 29 November Minimum Access tender. Please see the table below for more details.
28 / 11 / 2018
Philippines’ NFA's 28 November G2G tender results
The LRI understands that the Philippines’ National Food Authority (NFA) has awarded the full 203,000 MTS of 25% broken white rice in its 28 November government-to-government tender. Thailand was...
26 / 11 / 2018
Japan's MAFF announces MA tender
Japan’s Ministry of Agriculture, Forestry and Fisheries (MAFF) will hold a Minimum Access tender for a total of 60,000 MTS on 29 November. Please see the table below for more details.
23 / 11 / 2018
Thailand
Two Thai companies submitted the lowest offers in three lots in the Philippines’ National Food Authority’s (NFA) 20...
23 / 11 / 2018
Vietnam
Tan Long was the only Vietnamese company to submit the lowest offer in one of the lots in the Philippines’ National...
23 / 11 / 2018
Pakistan
The prices of higher grades of Pakistani IRRI-6 white rice were supported by improved demand from regular buyers in...
23 / 11 / 2018
U.S.A.
The U.S. market was quiet, with many participants out of the office during the second half of the week due to...
23 / 11 / 2018
Other Countries
According to reports, Sri Lankan 2018 Yala (off-season) crop paddy production is estimated at 1.41 million MTS, up by...
23 / 11 / 2018
Other Countries
According to the USDA cited in reports, sub-Saharan African rice imports in the 2018/19 marketing year (October -...
23 / 11 / 2018
South America
The Argentine market was supported by the covering of sales, which are due to be loaded in December 2018/January 2019....
23 / 11 / 2018
Other Countries
The Philippines’ National Food Authority received the following offers in its 20 November government-to-private...
23 / 11 / 2018
Other Countries
The FAO has forecast El Salvador’s 2018 paddy production at 25,000 MTS, down by 3.85% year-on-year and 26.5% below...
23 / 11 / 2018
Other Countries
The FAO has estimated Angola’s 2018 paddy production at 68,000 MTS, up by 7.94% year-on-year and 36% above the...
23 / 11 / 2018
Other Countries
According to Statistics Korea cited in reports, the wholesale price of milled rice was KRW 193,684 per 80kg bag (US...
23 / 11 / 2018
Egypt
Egypt’s General Authority for Supply Commodities received the following offers for a total of 542,000 MTS in its 12...
23 / 11 / 2018
India
The Indian non-Basmati market was supported by a 1.76% appreciation of the Rupee against the U.S. Dollar between 16 –...
23 / 11 / 2018
Philippines: NFA G2G tender and private imports update
The LRI understands that the Philippines’ National Food Authority (NFA) will hold another government-to-government re-tender on 28 November of the 203,000 MTS of 25% broken white rice not awarded...
22 / 11 / 2018
Egypt’s GASC tender update
The LRI understands that Egypt’s General Authority for Supply Commodities received the following offers for a total of 542,000 MTS in its 12 November tender for an unspecified volume of Grade #2...
20 / 11 / 2018
Philippines' NFA receives offers in 20 November tender
The LRI understands that the Philippines' National Food Authority has received the following offers in its 20 November government-to-private tender for a total of 500,000 MTS of 25% broken white...
16 / 11 / 2018
Iran's GTC to hold two Indian 1121 Parboiled Basmati tenders
The LRI understands that Iran's Government Trading Corporation will hold two tenders for a total of 60,000 MTS of Indian 1121 Parboiled Basmati on 18 December 2018. The first 30,000 MTS will be...
14 / 11 / 2018
China's COFCO purchases Thai rice
The LRI understands that China’s COFCO has purchased 100,000 MTS of Thai 5% broken white rice at a price of US $430 PMT FOB FCL under the countries' Memorandum of Understanding. Shipment is...
14 / 11 / 2018
Malaysia's Bernas purchases Thai rice
The LRI understands that Malaysia's Bernas purchased approximately 60,000 MTS of Thai 5% broken white rice in a tender held on 13 - 14 November. The average sale price was US $375 PMT FOB.
13 / 11 / 2018
Philippines’ NFA makes no awards in 13 November re-tender
The LRI understands that the Philippines’ National Food Authority (NFA) did not make any awards in its 13 November government-to-government re-tender for 203,000 MTS of 25% broken white rice....
09 / 11 / 2018
Japan's MAFF MA tender results
Japan’s Ministry of Agriculture, Forestry and Fisheries has awarded the full 42,839 MTS in its 9 November Minimum Access tender. Please see the table below for more details.
09 / 11 / 2018
Japan's MAFF announces SBS tender
Japan’s Ministry of Agriculture, Forestry and Fisheries (MAFF) will hold a Simultaneous-Buy-Sell tender on 30 November for a total of 25,000 MTS.
08 / 11 / 2018
USDA releases its latest WASDE and Crop Production reports
The USDA has raised its forecast for 2018/19 global milled rice supply by 17.7 million MTS to 651.4 million MTS in its latest WASDE report due to higher prospects for Chinese ending stocks and...
08 / 11 / 2018
Philippines’ NFA to hold G2G re-tender
The LRI understands that the Philippines’ National Food Authority (NFA) will hold a government-to-government re-tender for 203,000 MTS of 25% broken white rice on 13 November. This is the volume...
06 / 11 / 2018
Philippines’ NFA receives no offers in G2G tender
The Philippines’ National Food Authority (NFA) did not receive any offers in its 6 November government-to-government tender for a total of 203,000 MTS of 25% broken white rice. Representatives from...
05 / 11 / 2018
Japan's MAFF announces MA tender
Japan’s Ministry of Agriculture, Forestry and Fisheries (MAFF) will hold a Minimum Access tender for a total of 42,839 MTS on 9 November. Please see the table below for more details.
01 / 11 / 2018
FAO All Rice Price Index down by 4.2 points in October
The FAO’s All Rice Price Index declined by 4.2 points (-1.9%) last month to a 12-month low of 218 points, according to its November 2018 report. The price of higher and lower quality Indica rice...
01 / 11 / 2018
AMIS releases Market Monitor update
The Agricultural Market Information System (AMIS) has released its latest forecast for world supply and demand. AMIS has forecast 2018/19 global milled rice production at 513 million MTS, a 1.32%...
31 / 10 / 2018
Philippines' NFA issues private import guidelines
The Philippines’ National Food Authority (NFA) has released guidelines for the private import of up to 350,000 MTS. Each importer will be allowed to purchase up to 20,000 MTS of well milled long...
31 / 10 / 2018
Philippines MAV imports update
The Philippines’ National Food Authority (NFA) has announced that delivery of the additional 133,500 MTS of rice that will be imported under the Minimum Access Volume Scheme is required by 30...
31 / 10 / 2018
Philippines’ NFA announces G2P tender date
The Philippines’ National Food Authority will hold a government-to-private tender for a total of 500,000 MTS of 25% broken white rice on 20 November. The first 250,000 MTS is required to arrive in...
29 / 10 / 2018
Philippines' NFA postpones 29 October government-to-government tender
The LRI understands that the Philippines' National Food Authority has postponed its 29 October government-to-government tender for 203,000 MTS of 25% broken white rice. The tender will be held on 6...
26 / 10 / 2018
Japan's MAFF SBS tender results
Japan's Ministry of Agriculture, Forestry and Fisheries has awarded a total of 4,373 MTS out of a possible 25,000 MTS in its 26 October Simultaneous-Buy-Sell tender. Please see the table below for...
26 / 10 / 2018
Philippines' NFA tender date announcement and changes to MAV scheme
The LRI understands that the Philippines' National Food Authority (NFA) will hold its government-to-government tender for 203,000 MTS of 25% broken white rice on 29 October.
The NFA has brought...
25 / 10 / 2018
Taiwan's CoA tender results
Taiwan’s Council of Agriculture (CoA) purchased 3,000 MTS of U.S. milled rice from four companies at a price of TWD 5.022 per kg (US $162 PMT) in its 9 October Simultaneous-Buy-Sell tender,...
24 / 10 / 2018
Philippines' NFA 18 October tender results
The LRI understands that the Philippines' National Food Authority (NFA) has officially purchased 47,000 MTS out of a possible 250,000 MTS of 25% broken white rice in its 18 October...
23 / 10 / 2018
Philippines’ NFA amends tender schedule
The Philippines' National Food Authority (NFA) has amended its tender schedule; the NFA will hold two tenders for a total of 703,000 MTS of 25% broken white rice in the coming days. Of this total,...
19 / 10 / 2018
Japan's MAFF MA tender results
Japan’s Ministry of Agriculture, Forestry and Fisheries has awarded the full 60,000 MTS in its 19 October Minimum Access tender. Please see the table below for more details.
19 / 10 / 2018
Egypt’s GASC announces tender
The LRI understands that Egypt’s General Authority for Supply Commodities will hold a tender for an unspecified amount of Grade #2 10% broken short/medium grain white rice on 12 November. Companies...
19 / 10 / 2018
Col-Rice auction results
Col-Rice has awarded the full 15,881 MTS of Tariff Rate Quota import licences in its 11 October auction. The lowest winning bid was US $126.11 PMT (up from US $82.51 PMT in its 7 June auction) and...
18 / 10 / 2018
Philippines' NFA receives offers in 18 October tender
The LRI understands that the Philippines' National Food Authority has received the following offers in its 18 October tender for a total of 250,000 MTS of 25% broken white rice. The rice is required...
15 / 10 / 2018
Japan's MAFF announces MA tender
Japan’s Ministry of Agriculture, Forestry and Fisheries will hold a Minimum Access tender for a total of 60,000 MTS on 19 October. Please see the table below for more details.
11 / 10 / 2018
USDA releases its latest WASDE and Crop Production reports
The USDA has raised its forecast for 2018/19 global milled rice supply by 900,000 MTS in its latest WASDE report. Anticipated increases in production in India (+1 million MTS) and Madagascar...
11 / 10 / 2018
Taiwan's CoA tender results
Taiwan’s Council of Agriculture (CoA) purchased 6,000 MTS of U.S. milled medium/short grain rice at a price of US $717.65 PMT in its 27 September tender, according to the USDA. Delivery is required...
11 / 10 / 2018
Philippines' NFA announces two further tenders
The LRI understands that the Philippines' National Food Authority (NFA) will hold two further government-to-private tenders on 24 October and 20 November for 250,000 MTS each. As a result, the NFA is...
10 / 10 / 2018
Iran's GTC receives offers in 9 October tenders
The LRI understands that the Iranian Government Trading Corporation has received the following offers in its 9 October tenders for at least 30,000 MTS (+/- 10%) of Indian 1121 Parboiled Basmati 2%...
10 / 10 / 2018
Japan's MAFF announces SBS tender
Japan’s Ministry of Agriculture, Forestry and Fisheries (MAFF) will hold a Simultaneous-Buy-Sell tender on 26 October for a total of 25,000 MTS.