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Colombia update

14 / 11 / 2018

Colombia update

The FAO has forecast Colombia’s 2018 paddy production at 2.46 million MTS, down by 9.45% year-on-year but 8.41% above the five-year average. Production has been hampered by a 20% contraction in...

Philippines local prices update

12 / 11 / 2018

Philippines local prices update

The average farmgate price of paddy in the Philippines decreased by 1.42% week-on-week and increased by 12.4% year-on-year to PHP 20.90 per kg (US $392.41 PMT) during the third week of October 2018,...

India update

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...

FAO All Rice Price Index down by 4.2 points in October

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...

Philippines’ Suggested Retail Prices update

29 / 10 / 2018

Philippines’ Suggested Retail Prices update

The Philippines' government officially implemented the Suggested Retail Prices (SRPs) for rice on Saturday (27 October) in the Commonwealth Market in Quezon City. The SRPs will be simultaneously...

Philippines local prices update

29 / 10 / 2018

Philippines local prices update

The average farmgate price of paddy in the Philippines decreased by 3.16% week-on-week and increased by 13.03% year-on-year to PHP 21.17 per kg (US $394.90 PMT) during the second week of October...

Philippines local prices update

19 / 10 / 2018

Philippines local prices update

The average farmgate price of paddy in the Philippines decreased by 2.24% week-on-week and increased by 15.6% year-on-year to PHP 22.86 per kg (US $425.98 PMT) during the first week of October 2018,...

Philippines local prices update

12 / 10 / 2018

Philippines local prices update

The average farmgate price of paddy in the Philippines decreased by 2.05% week-on-week and increased 16.54% year-on-year to PHP 22.41 per kg (US $414.29 PMT) during the fifth week of September 2018,...

Philippines’ NFAC approves DTI’s proposal to import 350,000 MTS

10 / 10 / 2018

Philippines’ NFAC approves DTI’s proposal to import 350,000 MTS

The Philippines’ National Food Authority Council has approved the Department of Trade and Industry’s (DTI) proposal to import 350,000 MTS of rice, according to local reports. This volume will be...

Philippines local prices update

08 / 10 / 2018

Philippines local prices update

The average farmgate price of paddy in the Philippines increased by 0.26% week-on-week and 18.7% year-on-year to PHP 23.10 per kg (US $426.42 PMT) during the third week of September 2018, according...

FAO All Rice Price Index down by 2 points in September

04 / 10 / 2018

FAO All Rice Price Index down by 2 points in September

The FAO’s All Rice Price Index declined by 2 points (-0.89%) last month to 222 points, according to its October 2018 report. The price of Japonica rice, lower and higher quality Indica rice and...

Madagascar prices and imports update

02 / 10 / 2018

Madagascar prices and imports update

According to local reports citing the Rice Observatory, the average price of domestic paddy in Madagascar increased by MGA 56 per kg (US $16 PMT) between 10 – 16 September. The prices of...

Colombia local prices update

01 / 10 / 2018

Colombia local prices update

According to local reports citing Fedearroz, Colombia’s 2017 paddy production increased by 2.56% year-on-year to 2.62 million MTS, which is 47.8% higher compared to 2014. Local paddy prices...

Senegal local prices update

26 / 09 / 2018

Senegal local prices update

According to local reports, the local price of fragrant rice in Senegal was recorded at XOF 403 per kg (US $722.66 PMT)  in August, down by 0.8% from July. However, the price of broken rice...

Peru stocks and local prices update

25 / 09 / 2018

Peru stocks and local prices update

Peruvian rice stocks totalled 929,074 MTS as of 7 September, according to the Ministry of Agriculture and Irrigation cited in reports. Of this volume, milled rice comprised 451,175 MTS and paddy...

Philippines local prices update

24 / 09 / 2018

Philippines local prices update

The average farmgate price of paddy in the Philippines increased by 1.32% week-on-week and 17.36% year-on-year to PHP 22.98 per kg (US $423.96 PMT) during the first week of September 2018,...

Tanzania local prices update

12 / 09 / 2018

Tanzania local prices update

According to local reports, domestic rice prices in the Tanzanian city of Dar es Salaam have increased from TZS 120,000 – 180,000 per 100kg (US $525 - $788 PMT) on 22 July to 150,000 –...

Philippines local prices update

07 / 09 / 2018

Philippines local prices update

The average farmgate price of paddy in the Philippines increased by 1.07% week-on-week and by 15.89% year-on-year to PHP 22.68 per kg (US $422.27 PMT) during the fourth week of August 2018,...

Indonesia local prices update

06 / 09 / 2018

Indonesia local prices update

According to local reports citing Indonesia's Central Statistics Agency, the price of medium quality rice in August decreased by 0.28% month-on-month to IDR 9,172 per kg (US $616 PMT). The...

Egypt prices update

04 / 09 / 2018

Egypt prices update

The Egyptian Ministry of Food Supply and Internal Trade and the Ministry of Agriculture and Land Reclamation have set the government’s purchase prices for new crop paddy, according to market...

Philippines local prices update

03 / 09 / 2018

Philippines local prices update

The average farmgate price of paddy in the Philippines increased by 0.72% week-on-week and by 15.02% year-on-year to PHP 22.44 per kg (US $420.07 PMT) during the third week of August 2018,...

Myanmar exports, local prices and production update

03 / 09 / 2018

Myanmar exports, local prices and production update

According to local reports citing the Myanmar Rice Federation, Myanmar’s rice exports totalled 909,376 MTS (milled rice, including broken rice) from 1 April – 17 August 2018, down by...

Philippines local prices update

28 / 08 / 2018

Philippines local prices update

The average farmgate price of paddy in the Philippines increased by 0.63% week-on-week and by 13.5% year-on-year to PHP 22.28 per kg (US $418.66 PMT) during the second week of August 2018,...

Brazil update

21 / 08 / 2018

Brazil update

The FAO has estimated Brazilian 2018 paddy production at 11.74 million MTS, a 4.8% year-on-year decrease and 1.08% below the five-year average. Delays to planting in the main rice producing region...

Australia production update

21 / 08 / 2018

Australia production update

Market participants in Australia anticipate that 2019 production will decrease from last year as the main rice producing state of New South Wales is experiencing a severe drought ahead of planting...

Egypt private imports update

21 / 08 / 2018

Egypt private imports update

According to market participants, unloading of a vessel carrying 38,500 MTS of Chinese medium grain rice began in Egypt last week. Local millers and traders believe that domestic consumers will...

Philippines local prices update

20 / 08 / 2018

Philippines local prices update

The average farmgate price of paddy in the Philippines increased by 1.02% week-on-week and by 11.8% year-on-year to PHP 21.81 per kg (US $408.58 PMT) during the fourth week of July 2018, according...

Bangladesh update

15 / 08 / 2018

Bangladesh update

The USDA has forecast Bangladesh’s milled rice production in the 2018/19 marketing year (May – April) at 34.4 million MTS, up by 5.2% year-on-year. Harvested area is forecast to...

Philippines local prices update

09 / 08 / 2018

Philippines local prices update

The average farmgate price of paddy in the Philippines decreased by 0.28% week-on-week but increased by 10.57% year-on-year to PHP 21.61 per kg (US $407.20 PMT) during the third week of July 2018,...

Mauritania update

03 / 08 / 2018

Mauritania update

The FAO has estimated Mauritania’s 2017 paddy production at 234,000 MTS, up by 13.04% year-on-year and 5.41% above the five-year average. Planting of the 2018 irrigated rice crop concluded in...

South Korea prices update

01 / 08 / 2018

South Korea prices update

The average price of wholesale rice in the South Korean domestic market was recorded at KRW 44,263 per 20kg (US $1,979.54 PMT) on 25 July, up by 38% year-on-year, according to Statistics Korea...

Vietnamese glutinous rice prices and exports update

01 / 08 / 2018

Vietnamese glutinous rice prices and exports update

According to local reports, Vietnamese glutinous rice exports have been hampered by the Chinese government’s implementation of a 50% import tariff on 1 July; the previous tariff was 5%. The...

Thailand: Hom Mali production and local price update

30 / 07 / 2018

Thailand: Hom Mali production and local price update

Thailand’s Agriculture and Cooperatives Ministry has forecast 2018 Hom Mali fragrant paddy production at 7.2 million MTS, according to local reports. Domestic Hom Mali paddy prices have...

Indonesia update

27 / 07 / 2018

Indonesia update

The USDA has forecast Indonesian 2018 milled rice imports at 2 million MTS, up from 350,000 MTS in 2017 due to low stock levels and reduced production. Abundant rainfall benefitted main season...

Nepal prices update

26 / 07 / 2018

Nepal prices update

The Nepalese government has raised the Minimum Support Price (MSP) for ‘common’ paddy from NPR 2,438 per quintal (US $220.79 PMT) to NPR 2,460.57 per quintal (US $222.84 PMT) for the...

Philippines production and local prices update

16 / 07 / 2018

Philippines production and local prices update

The Philippine Statistics Authority has forecast Q2 2018 paddy production at 4.08 million MTS, down by 1.69% year-on-year. Harvested area is forecast at 932,640ha (-1.54%) and the average field...

Egypt imports and local prices update

10 / 07 / 2018

Egypt imports and local prices update

Paddy prices in the Egyptian domestic market have declined by approximately 5% - 6% since June to US $270 - $290 PMT ex-works, according to market participants. The Egyptian President has...

Philippines local prices update

03 / 07 / 2018

Philippines local prices update

The average farmgate price of paddy in the Philippines increased by 0.56% week-on-week and 10.79% year-on-year to PHP 21.36 per kg (US $400 PMT), according to the Philippine Statistics Authority....

Bangladesh stocks and domestic prices update

25 / 06 / 2018

Bangladesh stocks and domestic prices update

Domestic Bangladeshi paddy prices have begun to rise following the government’s reimplementation of a 28% import tariff for the 2018/19 financial year (July – June), according to local...

Rwanda local prices and production update

14 / 06 / 2018

Rwanda local prices and production update

The Federation of Rice Growers in Rwanda has raised domestic paddy prices following an increase in production costs, according to local reports. Short grain paddy will be sold at RWF 288 per kg (US...

Vietnam local prices and production update

05 / 06 / 2018

Vietnam local prices and production update

The local price of 5% broken white rice in the Mekong Delta was unchanged at VND 10,000 – 10,100 per kg (US $438 – $443 PMT) from 24 - 31 May, according to the Vietnam Food Association...

Vietnam local prices, production and exports update

29 / 05 / 2018

Vietnam local prices, production and exports update

The local price of 5% broken white rice in the Mekong Delta was unchanged at VND 10,000 – 10,100 per kg (US $438 – $443 PMT) from 17 – 24 May, according to the Vietnam Food...

Vietnam local prices and production update

21 / 05 / 2018

Vietnam local prices and production update

The local price of 5% broken white rice in the Mekong Delta was unchanged at VND 10,000 – 10,100 per kg (US $439 – $443 PMT) from 10 – 17 May, according to the Vietnam Food...