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...
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
#India: #Paddy farmers in Dakshina Kannada concerned about loss of crops to pests following recent rainfall https://t.co/u4xS9Qci6X
11 / 12 / 2018
#India: #Paddy fields could be used to remove pesticides from drainage water from farms https://t.co/4fT3aGlSsz
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
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
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
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
#India: Kharif crop #paddy procurement began in Jharsuguda on Wednesday (5 December); procurement price set at INR… https://t.co/MrLwsOU7DT
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;...
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
#India: Andhra Pradesh District Collector advises farmers to plant Rabi #paddy crop early due to the planned closur… https://t.co/D8C8jIshVi
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...
05 / 12 / 2018
#India: Tamil Nadu #rice farmers lend harvesting machinery to Telengana farmers https://t.co/C06QSSVxFM
05 / 12 / 2018
#India: Fallen electrical wire causes fire damaging 12 acres (4.86ha) of #paddy fields in Kendrapara district https://t.co/502giq3JuA
05 / 12 / 2018
#India: Punjab and Haryana #paddy procurement estimated at 24.1 million MTS as of 3 December https://t.co/3NaMyENjpz
05 / 12 / 2018
#India: Farmers in Ranchi district will be able to sell #paddy directly to government through online procurement sy… https://t.co/1F4rE6LHNb
04 / 12 / 2018
#India: Uttar Pradesh government eases #paddy e-procurement norms for smaller #rice farmers to boost procurement https://t.co/mBUL3qZynT
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
#India: 2018/19 #paddy production in Krishna district reaches record level of 1.53 million MTS https://t.co/qJ2QxXQCAA
04 / 12 / 2018
#India: Local wholesale #rice prices expected to increase by up to 10% - 15% in December https://t.co/N3hxGTmrrS
03 / 12 / 2018
#India: Cyclone Gaja could impact up to 30% of #paddy crops in Tiruvarur and Nagapattinam https://t.co/k8a42oYbIp
03 / 12 / 2018
#India: #Paddy procurement in Kalahandi began on 30 November after one month delay https://t.co/XDLZjPZB2R
03 / 12 / 2018
#India: #Rice farmers in Jammu and Kashmir protest against state government’s Toll Tax https://t.co/1bwtasNWNO
03 / 12 / 2018
#India: Punjab #paddy procurement estimated at 17 million MTS as of 28 November https://t.co/jhPht3Hi2B
30 / 11 / 2018
#India: #Paddy procurement declines in Madhya Pradesh as #rice farmers anticipate farm loan waiver promised by Cong… https://t.co/GXfbwW64iP
30 / 11 / 2018
#India: Incidents of #paddy straw burning down by 17% year-on-year in Haryana https://t.co/PtbactVruM
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
#India: Punjab State Power Corporation to set up #paddy straw based power plant in Bathinda https://t.co/PE2e4azVz4
30 / 11 / 2018
India
Indian exporters will receive a 5% subsidy for non-Basmati rice exports under the Merchandise Exports from India Scheme...
29 / 11 / 2018
29 November 2018
U.S. Southern Pet Food Quality broken rice is assessed down to US $328 PMT (US $14.90 per cwt) ex-works (-$3 PMT) as...
28 / 11 / 2018
#India: West Bengal government opens 325 centralised #paddy procurement centres https://t.co/kv6pk1M82M
27 / 11 / 2018
#India: Punjab #paddy procurement estimated at 16.8 million MTS as of 24 November https://t.co/PHFnQHdtrQ
27 / 11 / 2018
#India: Odisha government to penalise procurement centres for failing to pay MSP to #rice farmers https://t.co/FEfg0fylFR
27 / 11 / 2018
27 November 2018
Despite the recent strengthening of the Rupee against the U.S. Dollar, there is a soft undertone to the Indian market...
26 / 11 / 2018
#India: #Paddy will be procured at mills rather than at godowns in Karnataka https://t.co/F0bpzdbatu
26 / 11 / 2018
26 November 2018
Thai 25% and 100% broken WR are assessed up to US $366 PMT FOB and US $349 PMT FOB (+$12 PMT) respectively as exporters...
26 / 11 / 2018
#India: Entrepreneurs in Punjab and Haryana collecting #paddy straw for biomass plant fuel https://t.co/Uh9aENeYIS
26 / 11 / 2018
Indian exporters to receive 5% subsidy on non-Basmati rice exports
Indian exporters will receive a 5% subsidy for non-Basmati rice exports under the Merchandise Exports from India Scheme (MEIS), according to reports. The MEIS will begin today (26 November) and will...
23 / 11 / 2018
#India: Punjab Agricultural University to recycle #paddy straw to produce biogas https://t.co/mgfgVoKTMg
23 / 11 / 2018
#India: #Rice farmers in Surat district have been advised against #paddy cultivation due to water shortages https://t.co/9WjRlcdqCr
23 / 11 / 2018
#India: Punjab Pollution Control Board fined 1,182 farmers for burning #paddy straw this season https://t.co/gH7qYZTGFR
23 / 11 / 2018
#India: Malkangiri 2018/19 #paddy procurement target set at 82,000 MTS https://t.co/ovESulqCWz
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 –...
22 / 11 / 2018
#India: Kalahandi #paddy procurement delayed by #rice millers' refusal to buy paddy due to poor financial returns https://t.co/AH60h2fDWM
22 / 11 / 2018
#India: The value of total agricultural exports (including #rice) could increase from US $38.74 billion to US $100… https://t.co/EvA1pWsQQt
21 / 11 / 2018
#India: Environmental Pollution Authority calls for better technologies to help plant alternative crops to #paddy https://t.co/DRr9YXPEht
21 / 11 / 2018
#India: 2018/19 #rice exports could fall for first time in three years due to 13% increase in Minimum Support Prices https://t.co/6kp2bA3Mlt
21 / 11 / 2018
21 November 2018
The Indian market is being supported by the strengthening of the Rupee against the U.S. Dollar; 5% and 25% WR are both...
21 / 11 / 2018
#India: Chhattisgarh #paddy procurement declines following increase in Minimum Support Price https://t.co/u1ZMkNu6sB
21 / 11 / 2018
President Kovind calls for a greater trade and investment relationship between #India and #Vietnam https://t.co/tFWoZpGLvF
20 / 11 / 2018
#India: Joint Collector advises farmers to sell #paddy at procurement centres https://t.co/YpjgETA6sy
20 / 11 / 2018
#India: Jagatsinghpur #paddy procurement target set at 7.44 million MTS https://t.co/O0DYcgrsN5
20 / 11 / 2018
#India: Andhra Pradesh Civil Supplies Department removes regulation that requires physical presence of farmers duri… https://t.co/aQvnRpIoZD
20 / 11 / 2018
20 November 2018
Pakistani 5%, 10% and 15% WR are all assessed down by US $5 PMT to US $363 PMT FOB, US $358 PMT FOB and US $353 PMT FOB...
20 / 11 / 2018
India procurement update
The Indian government (state agencies and the Food Corporation of India) has procured 16.5 million MTS of milled rice so far in the 2018/19 marketing year (October – September), according to local...
20 / 11 / 2018
#India: #Paddy farmers in Karnataka to cultivate flood resistant #rice variety https://t.co/1BGqA9tun5
20 / 11 / 2018
#India: Tamil Nadu opens 11 new #paddy procurement centres; minimum support price set at INR 1,750 per quintal (US… https://t.co/pf5ZxqL7g3
20 / 11 / 2018
#India: Government seeks to increase agricultural exports to #China, including #rice https://t.co/UmPOBP1YGr
19 / 11 / 2018
#India: Sundargarh #paddy procurement target set at 130,000 MTS https://t.co/RFwYin0Fba
19 / 11 / 2018
India Basmati production update
The Agricultural and Processed Food Exports Development Authority has estimated India’s 2018 Kharif crop planted area at 38.5 million hectares, down by 2.54% year-on-year. Basmati planting in...
16 / 11 / 2018
India water supply update
Water levels in India’s 91 major reservoirs totalled 103.7 billion cubic metres as of 15 November, according to the Ministry of Water Resources, River Development and Ganga Rejuvenation. This...
16 / 11 / 2018
#India: Total of 21.6 million MTS of Kharif crop #paddy has been procured in Punjab and Haryana as of Tuesday https://t.co/Y7Ydq5wEsf
16 / 11 / 2018
India
The Indian market re-opened with a firm undertone following Diwali celebrations last week. Despite new crop paddy...
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...
15 / 11 / 2018
#India: Law that only permits #paddy planting between specified dates reduces #rice farmers' ability to clear paddy… https://t.co/1Z6NoM58gL
15 / 11 / 2018
#India: Punjab #paddy procurement estimated at 14.7 million MTS as of 13 November https://t.co/2R7S7g54f2
15 / 11 / 2018
#India: Pune District #paddy fields affected by insufficient rainfall and fungal diseases; planted area estimated a… https://t.co/VJ57ajTU3T
14 / 11 / 2018
Indian government finalises payment guidelines for Basmati trade to Iran
According to local reports, the Indian government is finalising payment guidelines for Basmati rice trade to Iran, which are expected to be conducted in Rupees. Exporters were initially concerned...
14 / 11 / 2018
India: Kakinada Port loading update
Six vessels were being loaded with a total of 192,900 MTS in Kakinada Port today (14 November), up by 15.4% since 26 October. Phoenix is loading two vessels: one with 31,500 MTS of Parboiled 5% for...
14 / 11 / 2018
14 November 2018
All Vietnamese WR grades are assessed down due to persistent slow demand as offers are uncompetitive with other Asian...
14 / 11 / 2018
#India: #Rice Exporters Association petitions government to end tax on Basmati rice exports from Jammu and Kashmir https://t.co/KtwVAaUHsN
13 / 11 / 2018
13 November 2018
Indian 25% WR is assessed up to US $355 PMT FOB (+$5 PMT) as lower offers are no longer available. Lower offers were...
13 / 11 / 2018
India stocks update
Rice stocks in the Food Corporation of India’s Central Pool totalled 32.8 million MTS as of 1 November, representing 61.7% month-on-month and 2.54% year-on-year decreases. Of this volume, 16.3...
12 / 11 / 2018
Egypt’s GASC tender update
According to market participants, Egypt’s General Authority for Supply Commodities (GASC) received offers for a total of 515,000 MTS of Grade #2 10% broken short/medium grain white rice in its 12...
12 / 11 / 2018
12 November 2018
Paddy prices in Pakistan have increased as local sellers are holding on to stocks in anticipation of sales to the...
09 / 11 / 2018
India
Market activity in India was subdued ahead of Diwali celebrations, which began on Tuesday (6 November) in the South and...
08 / 11 / 2018
8 November 2018
All Pakistani whole grain WR prices are assessed down by US $1 PMT as demand from West Africa remains slow, with 5% and...
07 / 11 / 2018
7 November 2018
Thai Hom Mali 100% Grade B is assessed up to US $1,072 PMT FOB FCL (+$44 PMT) on day nine of our 10-day new crop...
07 / 11 / 2018
India exports update
According to the Agricultural and Processed Food Products Export Development Authority, Indian milled rice exports between April – September 2018 totalled 5.81 million MTS and are valued at US...
05 / 11 / 2018
5 November 2018
Pakistani local prices have increased due to demand from East Africa for WR and West Africa for PB. Pakistani 5% WR is...
05 / 11 / 2018
India update
The USDA has forecast India’s milled rice production in the 2018/19 marketing year (October – September) at 111 million MTS, down by 1.69% year-on-year. Of this volume, Kharif crop will comprise...
02 / 11 / 2018
India water supply update
Water levels in India’s 91 major reservoirs totalled 109.2 billion cubic metres as of 1 November, according to the Ministry of Water Resources, River Development and Ganga Rejuvenation. This...
02 / 11 / 2018
2 November 2018
Thai 15%, 25% and A1 Super 100% broken WR are assessed up by $1 PMT as lower offers are no longer available ahead of...
02 / 11 / 2018
India
The Indian market was quiet ahead of Diwali celebrations next week. Some exporters were unwilling to offer for November...
30 / 10 / 2018
30 October 2018
Pakistani exporters have lowered their offers due to decreasing local prices, slow demand and as the new crop continues...
29 / 10 / 2018
29 October 2018
There continues to be a soft undertone to the Pakistani WR market following further local price decreases amid currency...
29 / 10 / 2018
India: Kakinada Port loading update
Six vessels were being loaded with a total of 167,100 MTS in Kakinada Port on 26 October, up by 33.7% from 22 October. Phoenix was loading two vessels for Liberia, one with 38,000 MTS of Parboiled 5%...
26 / 10 / 2018
26 October 2018
Pakistani exporters have lowered their offers as local prices continue to decline, with 5% WR assessed down to US $373...
26 / 10 / 2018
India water supply update
Water levels in India’s 91 major reservoirs totalled 112.7 billion cubic metres as of 25 October, according to the Ministry of Water Resources, River Development and Ganga Rejuvenation. This...
26 / 10 / 2018
India
We continued our transitions to new crop pricing for whole grain IR36/64 varieties. Indian 5% and 25% broken white...
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...
25 / 10 / 2018
25 October 2018
The Vietnamese WR market is being supported by recent sales to the Philippines’ National Food Authority; 5% and 100%...
24 / 10 / 2018
24 October 2018
There is a soft undertone to the Thai long grain market as demand remains subdued, with some buyers showing preference...
23 / 10 / 2018
23 October 2018
We have continued our Indian crop transitions, with 5% WR assessed up to US $373 PMT FOB and 25% WR assessed down to US...
22 / 10 / 2018
22 October 2018
We continued our transitions to new crop pricing for whole grain Indian grades, with 5% and 25% WR assessed down to US...
22 / 10 / 2018
India: Kakinada Port loading update
Four vessels were being loaded with a total of 125,000 MTS in Kakinada Port on 22 October, down by 21.8% from 5 October. Phoenix was loading 38,000 MTS of Parboiled 5% and 2,000 MTS of 100% broken...
19 / 10 / 2018
19 October 2018
Brazilian 5% WR and PB 5% STX are both assessed up to US $495 PMT FOB FCL (+$10 PMT) based on bids and offers and...
19 / 10 / 2018
India
The Indian market was quiet, with many market participants out of the office for various regional holidays throughout...
18 / 10 / 2018
18 October 2018
We have continued our 10-day transitions to new crop pricing for our whole grain Indian WR and PB assessments. Indian...
17 / 10 / 2018
17 October 2018
Some exporters in Pakistan have lowered their offers in reaction to this week’s currency and local market price...
16 / 10 / 2018
16 October 2018
Thai 25% WR is assessed up to US $370 PMT FOB (+$3 PMT) as exporters are no longer willing to accept lower bids ahead...
12 / 10 / 2018
12 October 2018
Thai 100% Grade B, 5%, 10% and 15% WR are all assessed down by US $2 PMT, with 5% WR assessed down to US $388 PMT FOB...
12 / 10 / 2018
India stocks update
Rice stocks in the Food Corporation of India’s Central Pool totalled 20.29 million MTS as of 1 October, representing a 14.1% month-on-month decrease and a 12.5% year-on-year increase. Of this...
12 / 10 / 2018
India water supply update
Water levels in India’s 91 major reservoirs totalled 118.3 billion cubic metres as of 11 October, according to the Ministry of Water Resources, River Development and Ganga Rejuvenation. This...
12 / 10 / 2018
India
Many Indian market participants were away at a conference during the second half of this week and trade was slow as a...
09 / 10 / 2018
India
The Indian market was quiet, with many market participants out of the office for various regional holidays throughout...
05 / 10 / 2018
India
Despite tightening supplies ahead of the new crop harvest later this month, there was a soft undertone to the Indian...