Global Rice Quotes
June 1st, 2015
Long grain white rice - high quality
Thailand 100% B grade 375-385
↔
Vietnam 5% broken 350-360
↔
India 5% broken 370-380
↔
Pakistan 5% broken 395-405
↓
Myanmar 5% broken 420-430
↔
Cambodia 5% broken 430-440
↔
U.S. 4% broken 465-475
↔
Uruguay 5% broken 565-575
↔
Argentina 5% broken 555-565
↔
Long grain white rice - low quality
Thailand 25% broken 350-360
↔
Vietnam 25% broken 325-335
↔
Pakistan 25% broken 350-360
↓
Cambodia 25% broken 410-420
↔
India 25% broken 350-360
↑
U.S. 15% broken 455-465
↔
Long grain parboiled rice
Thailand parboiled 100% stxd 365-375 ↔
Pakistan parboiled 5% broken stxd 410-420 ↓
India parboiled 5% broken stxd 350-360 ↔
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% 845-855
↔
Vietnam Jasmine 470-480
↔
India basmati 2% broken NQ
↔
Pakistan basmati 2% broken NQ
↔
Cambodia Phka Mails 815-825
↔
Brokens
Thailand A1 Super 315-325
↔
Vietnam 100% broken 310-320
↔
Pakistan 100% broken stxd 305-315
↔
Cambodia A1 Super 350-360
↔
India 100% broken stxd 280-290
↑
Egypt medium grain brokens NQ
↔
U.S. pet food 365-375 ↔
Brazil half grain NQ
↔
All prices USD per ton, FOB vessel, oryza.com
Oryza U.S. Rough Rice Recap -
Offers Increase with Futures but Trade Remains Dormant
Jun
01, 2015
The U.S. cash market was slightly
firmer today with offers increasing with the futures market while bids stayed
flat, and as a result there were little to no trades to report.Analysts note
that bids from mills continue to outpace bids on the river as export demand
remains tepid with buyers remaining hand to mouth throughout the entire
marketing year.
India Rice Sellers Increase Some
of Their Quotes; Pakistan Rice Sellers Lower Most of Their Quotes Today
Jun
01, 2015
India rice sellers increased their quotes for 25% broken rice and 100%
broken rice by about $5 per ton each to around $350-$360 per ton and $280-$290 per
ton respectively today. Pakistan rice sellers lowered most of their quotes by
about $5-$10 per ton. Vietnam rice sellers kept their quotes mostly unchanged
today. Thailand rice sellers are out today due to a public holiday.
5% Broken Rice
Thailand 5% rice was last indicated at around $365 - $375 per ton, about a
$15 per ton premium on Vietnam 5% rice shown at around $350 - $360 per ton.
India 5% rice is indicated at around $370 - $380 per ton, about a $25 per ton
discount to Pakistan 5% rice shown at around $395 - $405 per ton, down about a
$10 per ton from Friday.
25% Broken Rice
Thailand 25% rice was last shown at around $350 - $360 per ton, about a $25
per ton premium on Vietnam 25% rice shown at around $325- $335 per ton. India
25% rice is indicated at around $350 - $360, up about a $5 per ton from Friday
and on par with Pakistan 25% rice shown at around $350 - $360 per ton, down
about a $10 per ton from Friday.
Parboiled Rice
Thailand parboiled rice was last indicated at around $365 - $375 per ton. India
parboiled rice is indicated at around $350 - $360 per ton, about a $60 per ton
discount to Pakistan parboiled rice shown at around $410 - $420 per ton, down
about a $5 per ton from Friday.
100% Broken Rice
Thailand broken rice, A1 Super, was last indicated at around $315 - $325
per ton, about a $5 per ton premium on Vietnam 100% broken rice shown at around
$310 - $320 per ton. India's 100% broken rice is shown at around $280 - $290
per ton, up about a $5 per ton from Friday and about a $25 per ton discount
to Pakistan broken sortexed rice shown at around $305 - $315 per ton.
Vietnam Exports 1.875 Million
Tons of Rice During January 1 – May 25, 2015
Jun
01, 2015
Vietnam exported around 1.875
million tons of rice during January 1 - May 25, 2015, down about 20% from
around 2.34 million tons of rice exported in first five months of 2014,
according to data from the Vietnam Food Association (VFA). Average rice export
price so far in this year stands at around $419 per ton (FOB), down about 3%
per ton from around $433 per ton recorded during same last year.During May
1-25, 2015, Vietnam exported around 319,513 tons of rice, down about 45% from
around 585,536 tons rice exported in full month of May 2014, and down about 51%
from around 650,507 tons rice exported in full month of April 2015. Average
export prices so far in May stands at around $418 per ton, down about 2% per
ton from a year ago, and up about 1% per ton from a month ago.
Pakistan Rice Acreage and
Production May Decline in 2015-16 Due to Low Prices, Says Farmers'
Representative
Jun
01, 2015
The Secretary of a Pakistan rice
farmers association has expressed concern that last year's low rice prices
coupled with increasing power shortages may discourage farmers from cultivating
paddy in 2015-16 (July - June), according to local sources.He told local
sources that last year, the price of super basmati rice declined about 30% to
around Rs.1,400 per 40 kilograms (around $343 per ton) from around Rs.2,000 per
40 kilograms (around $490 per ton) in 2013-14. imilarly, the price of Irri rice
declined about 33% to around Rs.800 per kilograms (around $196 per ton) from
around Rs.1,200 per 40 kilograms (around $294 per ton) in 2013-14.
The Secretary also noted that they
are also expecting huge water shortages in the coming year due to increasing
power shortages and expected hot summer. Tube wells will not run to their full
capacity and rice needs three times more water than other crops, he adds.Saying
the production costs are too high, he urged the government to consider reducing
the prices of agricultural inputs like fertilizers, pesticides and petroleum
products to help farmers. He also urged the government to frame strategies to
boost exports.Some farmers noted that the government has so far not paid them
the compensation package of Rs.5,000 per acre (around $123 per hectare)
promised last year to cope up with the falling global rice prices. They urged
the government to release the funds at the earliest.
USDA estimates Pakistan's MY 2014-15 (November - October) milled rice
production at around 6.9 million tons (around 10.35 million tons, basis paddy).
It estimated Pakistan's MY 2015-16 milled rice production to remain unchanged
at 6.9 million tons.Last month, Pakistan's Federal Committee on Agriculture
(FCA) is targeting to produce 7 million tons, basis milled, (around 10.35
million tons, basis paddy) from an area of around 2.8 million hectares in 2015.
Vietnam Increases Floor Price of
Lower Quality Rice Exports Ahead of Philippines Tender
Jun
01, 2015
Vietnam has increased the floor
price (minimum export price, MEP) of its lower quality (25% broken) rice
exports by about 3% to around $350 per ton from around $340 per ton ahead of
the Philippines tender on June 5, 2015, according to Reuters.The new MEP will
reportedly be effective from June 1, 2015. "This is a short-term floor as
Vietnam prepares for the rice tender in the Philippines," a trader was quoted
as saying.The Philippines National Food Authority (NFA) has called for tenders
from Vietnam, Thailand and Cambodia for the 250,000 tons 25% broken well-milled
long-grain rice, with delivery expected between July and August, to replenish
stocks during the lean season (July - September) as well as prevent commercial
rice price hikes.The South-East Asian nation lowered the floor price of the 25%
broken rice exports to $340 per ton from $350 per ton on April 28, 2015 due to
subdued demand from importers.Vietnam exported 2.52 million tons of rice in the
first five months of 2015, down about 7.4% from last year, according to
government data.
Vietnam Exports 1.875 Million
Tons of Rice During January 1 – May 25, 2015
Vietnam exported around 1.875
million tons of rice during January 1 - May 25, 2015, down about 20% from
around 2.34 million tons of rice exported in first five months of 2014,
according to data from the Vietnam Food Association (VFA). Average rice export
price so far in this year stands at around $419 per ton (FOB), down about 3%
per ton from around $433 per ton recorded during same last year.During May
1-25, 2015, Vietnam exported around 319,513 tons of rice, down about 45% from
around 585,536 tons rice exported in full month of May 2014, and down about 51%
from around 650,507 tons rice exported in full month of April 2015. Average
export prices so far in May stands at around $418 per ton, down about 2% per
ton from a year ago, and up about 1% per ton from a month ago.
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