There are no vessels being loaded with rice in Kakinada Port today (20 June). However, a Robiul Islam vessel is due to arrive tomorrow (21 June) to be loaded with 7,200 MTS of Parboiled 5% broken...

The LRI understands that China’s Ministry of Finance will impose a 25% import tariff on U.S. goods, including rice, in retaliation to the U.S. government’s implementation of a 25%...

South Korea’s Agro-Fisheries and Food Trade Corporation will hold a Minimum Market Access tender for a total of 102,800 MTS on 27 June. Please see the table below for more details:

The FAO has estimated Thailand’s 2017 paddy production at 33.65 million MTS, up by 3.76% year-on-year and 1.22% above the five-year average. Despite floods in July 2017 in northeastern...

The FAO has forecast Haitian 2018 paddy production at 183,000 MTS, up by 2.3% year-on-year and 13.7% above the five-year average. The main season crop benefitted from favourable weather conditions...

The Philippine Statistics Authority has forecast Q2 2018 paddy production at 4.07 million MTS, down by 1.93% year-on-year. Harvested area is forecast to contract to 932,640ha (-1.54%) and the...

The FAO has estimated Liberia's 2017 paddy production at 279,000 MTS, up by 3.72% year-on-year and similar to the five-year average, despite localised dry spells in July and August. Total 2018...

The FAO has estimated Mali's 2017 paddy production at 2.92 million MTS, up by 5% year-on-year and 28.1% above the five-year average, despite the early cessation of rain in September. Although...

The FAO has estimated that Laotian 2017 paddy production increased to 4.17 million MTS, up by 1.2% year-on-year and 9% above the five-year average. Favourable weather conditions throughout the year...

The FAO has estimated that Ghanaian 2017 paddy production increased to 722,000 MTS, up by 4.9% year-on-year and 20.9% above the five-year average. Domestic prices have remained largely stable in...

The FAO has forecast Niger’s 2018 paddy production at 112,000 MTS, up by 6.67% year-on-year and 4.67% above the five-year average. Planting of the 2018 crop began on time in May and is due to...

The FAO has estimated Guinea-Bissau’s 2017 paddy production at 165,000 MTS, down by 11.3% year-on-year and 7.82% below the five-year average. Production was hampered by localised flooding...

Iranian milled rice imports increased by 22.1% year-on-year to approximately 178,000 MTS during the first two months of the 2018/19 Iranian calendar (21 March – 20 March), according to local...

Please see the table below for a breakdown of total Vietnamese rice exports between January - May 2018, according to local reports citing the General Department of Customs.

The LRI understands that private buyers in Panama will hold a tender for 1 million quintals (45,360 MTS) of long grain paddy on 10 July. The tender is open to all origins and the rice is required...

Col-Rice has awarded the full 14,955 MTS of Tariff Rate Quota import licences in its 7 June auction. The lowest winning bid was US $82.51 PMT and the average winning bid was US $91.27 PMT. The...

Shipping lines have begun implementing an Emergency Bunker Surcharge (EBS) from 1 June 2018. This has been largely attributed to rising fuel prices, with the price of Brent crude oil reaching US...

The Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) has estimated that Australian 2017/18 planted area decreased by 26.8% year-on-year to 60,000ha. As a result, paddy...

Tropical Storm Bud made landfall in Mexico on Thursday (14 June), according to reports. While it was originally a Category 4 hurricane, it was subsequently downgraded to a tropical storm on...

Total Pakistani rice exports increased by 18% year-on-year to 3.51 million MTS during the first 11 months of the 2017/18 financial year (July – May), according to local reports citing the...

Between 15 – 30 June, 18 vessels are expected to be loaded with 279,200 MTS of rice in Ho Chi Minh City Port. Two vessels are expected to be loaded with a total of 10,700 MTS for the...

The LRI understands that the Iraqi government has banned paddy planting due to water shortages. Corn planting has also been banned as the Ministry of Agriculture prioritises water usage for...

The Association for the Administration of Rice Quotas has awarded the full 9,680 MTS of Tariff Rate Quota licences to import U.S. semi-milled or milled rice into the E.U. in its July 2018 tranche....