Global Rice Quotes
February 18th, 2015
Long grain white rice - high quality
Thailand 100% B grade 415-425 ↔
Vietnam 5% broken 355-365 ↔
India 5% broken 390-400 ↔
Pakistan 5% broken 345-355 ↔
Myanmar 5% broken 415-425 ↔
Cambodia 5% broken 430-440 ↔
U.S. 4% broken 480-490
↔
Uruguay 5% broken NQ ↔
Argentina 5% broken NQ ↔
Long grain white rice - low quality
Thailand 25% broken 365-375 ↔
Vietnam 25% broken 325-335 ↔
Pakistan 25% broken 305-315 ↔
Cambodia 25% broken 410-420 ↔
India 25% broken 355-365 ↔
U.S. 15% broken 470-480 ↔
Long grain parboiled rice
Thailand parboiled 100% stxd 405-415 ↔
Pakistan parboiled 5% broken stxd 385-395 ↔
India parboiled 5% broken stxd 385-395 ↔
U.S. parboiled 4% broken 555-565 ↔
Brazil parboiled 5% broken 570-580 ↔
Uruguay parboiled 5% broken NQ ↔
Long grain fragrant rice
Thailand Hommali 92% 920-930 ↔
Vietnam Jasmine 460-470 ↔
India basmati 2% broken NQ ↔
Pakistan basmati 2% broken NQ ↔
Cambodia Phka Mails 785-795 ↔
Brokens
Thailand A1 Super 320-330 ↔
Vietnam 100% broken 305-315 ↔
Pakistan 100% broken stxd 275-285 ↔
Cambodia A1 Super 365-375 ↔
India 100% broken stxd 280-290 ↔
Egypt medium grain brokens NQ ↔
U.S. pet food 380-390
↔
Brazil half grain NQ ↔
All prices USD per ton, FOB vessel, oryza.com
Government of India Procures 20.744 Million Tons of Rice
as of February 16, 2015 in KMS2014-15
The Food
Corporation of India (FCI), the nodal agency for food grain procurement and
distribution has procured around 20.744 million tons of rice as of February 16,
2015 in KMS 2014-15 (October 2014 - September 2015), according to data by the
Ministry of Consumer Affairs, Food & Public Distribution.The government of
India also fixed rice procurement target for KMS 2014-15 at about 35.109
million tons rice, which include 30.050 million tons of kharif crop (main crop)
and about 5.059 million tons rice for rabi crop (second crop).Main rice growing
Indian states, Telangana, Tamil Nadu, Andhra Pradesh, West Bengal
and Odisha has procured about 1.474 million tons, 1 million tons, 1 million
tons, 0.915 million tons, and about 0.670 million tons, respectively, so
far in KMS 2014-15.The Indian government procured about 31.839 million tons of
rice during the KMS 2013-14, according to the ministry.
Oryza U.S. Rough Rice Recap - Prices Continue to Rally on
New Colombia Business; Fat Tuesday Idles Trading in LA
Feb 17, 2015
The U.S.
cash market was firmer today continuing its rally from last week on the heels
of new and welcomed demand from Colombia.Trading was thin in the Mid-South as
buy interest remains very limited and sellers are waiting for prices to
firm; however, trading came to a standstill in Louisiana due to the Fat Tuesday
Mardi Gras Celebration.
Vietnam Exports 271,995 Tons Rice January 1 – February
12, 2015, Down Nearly 60% y/y
Feb 17, 2015
Vietnam exported about 271,995 tons of rice
from January 1 to February 12, 2015, down about 57% from about 637,756 million
tons of rice exported in in first two months of 2014, according to data from
the Vietnam Food Association (VFA). Average rice export price so far in this
year stands at about $450 per ton (FOB), up about 5% per ton from same time
last year.During Feb 1- 12, 2015, Vietnam exported about 51,607 tons of rice,
down about 84% from about 330,501 tons rice exported in full month of February
2014, and down about 77% from about 220,388 tons rice exported in full month of
January 2015. Average export prices in so far in February stands at about $454
per ton, up about 2% from a year ago, and up about 1% per ton from a month ago.
European Paddy, Rice Quotes Mostly Stable in Early
February
Feb 17, 2015
European
Union paddy quotes in the week February 3 - February 10 were mostly steady;
there were some price movements in Romania, both for paddy and milled
rice. Meanwhile milled rice quotes became available after a week with no
quotations.SPAIN - Japonica paddy was unchanged at 300 euros (about $342) per
ton. Indica did not move from 267 euros (about $ 304) per ton. Milled Japonica
rice quotes are firm at 561 euros (about $ 640).
PORTUGAL -
Long A paddy quotations were fixed at 311 euros (about $ 354) per ton on
February 10, just slightly higher than the week prior when they were
308 euros (about $ 351) per ton. Long B paddy quotes are increasing at 290
euros (about $ 330) per ton from 287 euros (about $ 327) per ton of February 3.
No quotations are available for milled rice.
GREECE
–Medium and Indica paddy received no quotations. Long grain paddy is firm at
300 euros (about $ 342) per ton. No quotations are available for milled rice.
ROMANIA - Japonica paddy prices decreased to 304
euros (about $ 346) per ton on February 10, down 21 euros (about $ 23) from 325
euros (about $ 370) per ton on February 3. Indica paddy quotes reduced as well,
to 304 euros (about $ 421) per ton on February 10 starting from 302 euros
(about $ 344) per ton on February 3. As for milled rice, Japonica quotes
increased, reaching 685 euros (about $ 781) per ton on February 10, from
681 euros (about $ 777) per ton on February 3. Indica milled rice went up to
660 euros (about $ 753) on February 10, from 624 euros (about $ 712)
on February 3.
BULGARIA -
Japonica paddy quotations remain firm at 276 euros (about $ 315) per ton.
Japonica milled rice prices remained unchanged on March 11 and March 18 at 814
euros (about $ 929) per ton. FRANCE - No quotations are
available for paddy varieties; as for milled rice, it received no quotations on
February 3; on February 10 round milled rice was quoted 540 euros (about $ 616)
per ton, Long A 640 euros (about $ 730) per ton, and Long B 530 euros (about $
604) per ton.
India Rice Sellers Lower Some of Their Quotes Today;
Other Asia Rice Quotes Unchanged
Feb 17, 2015
India rice
sellers lowered their quotes for 100% broken rice by about $5 per ton to about
$280 - $290 per ton today. Thailand and Pakistan rice sellers kept their quotes
mostly unchanged. Vietnam rice sellers are out today due to national holiday.
5% Broken Rice
Thailand 5%
rice is quoted at around $405 - $415 per ton, about $50 per ton premium on
Vietnam 5% rice last shown at around $355 - $365 per ton.
India 5%
rice is quoted at around $390 - $400 per ton, about $45 per ton premium on
Pakistan 5% rice quoted at around $345 - $355 per ton.
25% Broken Rice
Thailand 25%
rice is quoted at around $365 - $375 per ton, about $40 per ton premium on
Vietnam 25% rice last shown at around $325- $335 per ton.
India 25%
rice is quoted at around $355 - $365, about $50 per ton premium on Pakistan 25%
rice quoted at around $305 - $315 per ton.
Parboiled Rice
Thailand
parboiled rice is quoted at around $405 - $415 per ton.
India
parboiled rice is quoted at around $385 - $395 per ton, on par with Pakistan
parboiled rice quoted at around $385 - $395 per ton.
100% Broken Rice
Thailand
broken rice, A1 Super, is quoted at around $320 - $330 per ton, about $15 per
ton premium on Vietnam 100% broken rice last shown at around $305 - $315 per
ton.
India's 100%
broken rice is shown at around $280 - $290 per ton, down about $5 per ton from
yesterday and about $5 per ton premium on Pakistan broken sortexed rice quoted
at around $275 - $285 per ton.
Vietnam Plans to Stockpile
One Million Tons of Rice
Feb 17, 2015
Vietnam is
planning to stockpile one million tons of rice starting March 1 - April 15,
2015, according to a government posting on the Ministry of Agriculture and
Rural Development (MARD) website.
Businesses
participating in the plan will receive State bank interest rates for up to 4
months from the date of temporary storage until July 1, 2015.The Mekong Delta’s winter-spring crop is
estimated at 4.3 million tons and exports have been dampened by stiff competition
Thailand Sells About 496,243 Tons of Rice in January
Auction
Feb 17, 2015
Market price
of domestic 5% broken white rice and Hommali rice currently stand at around
12,000 baht (around $369) per ton and 30,000 baht (around $921) per ton
respectively.The government has been specifying that it seeks to sell around 10
million tons of stockpiled rice this year and around 7 million tons next year
without impacting prices.
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