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South Korea update

08 / 07 / 2019

South Korea update

The USDA has forecast South Korea’s milled rice production in the 2019/20 marketing year (November – October) at 3.88 million MTS, up by 0.18% year-on-year. Although harvested area is anticipated...

Philippines local prices update

05 / 07 / 2019

Philippines local prices update

The average farmgate price of paddy in the Philippines decreased by 0.3% week-on-week and declined by 16.5% year-on-year to PHP 17.85 per kg (US $348.75 PMT) during the fourth week of June, according...

India approves paddy MSP increase for 2019/20 Kharif crop

03 / 07 / 2019

India approves paddy MSP increase for 2019/20 Kharif crop

The Indian government will raise its Minimum Support Price (MSP) for common paddy from the 2019/20 Kharif crop by 4.86% year-on-year to INR 1,835 per quintal (US $266.49 PMT), following approval from...

FAO All Rice Price Index up by 0.2 points in June

02 / 07 / 2019

FAO All Rice Price Index up by 0.2 points in June

The FAO’s All Rice Price Index increased by 0.2 points (+0.09%) last month to 222.2 points, according to its June report. The prices of higher quality Indica rice and Japonica rice were unchanged,...

Indonesia prices and stocks update

01 / 07 / 2019

Indonesia prices and stocks update

According to the Central Bureau of Statistics cited in reports, the average price of paddy in Indonesia increased by 4.5% month-on-month and by 1.75% year-on-year in June to IDR 4,552 per kg (US...

Philippines local prices update

01 / 07 / 2019

Philippines local prices update

The average farmgate price of paddy in the Philippines decreased by 0.4% week-on-week and declined by 15.6% year-on-year to PHP 17.93 per kg (US $351.38 PMT) during the second week of June, according...

FAO All Rice Price Index down by 0.2 points in May

06 / 06 / 2019

FAO All Rice Price Index down by 0.2 points in May

The FAO’s All Rice Price Index decreased by 0.2 points (-0.09%) last month to 222 points, according to its May 2019 report. The prices of higher quality Indica rice and Japonica rice decreased by...

FAO All Rice Price Index up by 0.5 points in April

02 / 05 / 2019

FAO All Rice Price Index up by 0.5 points in April

The FAO’s All Rice Price Index increased by 0.5 points (+0.23%) last month to 222.2 points, according to its April 2019 report. The prices of lower quality Indica rice, higher quality Indica rice...

FAO All Rice Price Index up by 1.1 points in March

04 / 04 / 2019

FAO All Rice Price Index up by 1.1 points in March

The FAO’s All Rice Price Index increased by 1.1 points (+0.5%) last month to 221.7 points, according to its March 2019 report. The prices of lower quality Indica rice and Japonica rice increased by...

FAO All Rice Price Index down by 2 points in November

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...