Global Rice Quotes
August 20th, 2015
Long grain white rice - high quality
Thailand 100% B grade 370-380
↓
Vietnam 5% broken 330-340 ↔
India 5% broken 360-370
↔
Pakistan 5% broken 330-340 ↔
Myanmar 5% broken 405-415 ↔
Cambodia 5% broken 425-435
↔
U.S. 4% broken 485-495
↔
Uruguay 5% broken 535-545 ↔
Argentina 5% broken 530-540 ↔
Long grain white rice - low quality
Thailand 25% broken 345-355 ↔
Vietnam 25% broken 315-325 ↔
Pakistan 25% broken 310-320 ↔
Cambodia 25% broken 410-420
↔
India 25% broken 340-350
↔
U.S. 15% broken 460-470
↔
Long grain parboiled rice
Thailand parboiled 100% stxd 365-375
↔
Pakistan parboiled 5% broken stxd 415-425
↔
India parboiled 5% broken stxd 355-365
↔
U.S. parboiled 4% broken 570-580
↔
Brazil parboiled 5% broken 545-555
↔
Uruguay parboiled 5% broken NQ
↔
Long grain fragrant rice
Thailand Hommali 92% 840-850
↔
Vietnam Jasmine 465-475
↔
India basmati 2% broken NQ
↔
Pakistan basmati 2% broken NQ
↔
Cambodia Phka Mails 835-845
↔
Brokens
Thailand A1 Super 320-320
↔
Vietnam 100% broken 305-315
↓
Pakistan 100% broken stxd 280-290
↔
Cambodia A1 Super 350-360 ↔
India 100% broken stxd 295-305
↔
Egypt medium grain brokens NQ
↔
U.S. pet food 325-335 ↔
Brazil half grain NQ ↔
All prices USD per ton, FOB vessel, oryza.com
Thailand OAG Finds Irregularities in Low-Cost Rice Sales Program Under
Previous Government
Aug 20, 2015
Thailand's
Office of the Auditor-General (OAG) has found several irregularities in the
implementation of the low-cost rice sales scheme by the Public Warehouse
Organization (PWO), according to local sources.A source at the OAG noted that
the scheme, a part of the rice pledging scheme introduced by the previous
government, aimed to distribute low-priced rice to consumers. Under the scheme,
the PWO was allowed to purchase about 503,518 tons of rice at half the market
price and sell a bag of rice to consumers at around 70 baht (around $2) per
bag.The PWO signed contracts with six companies to carry out the sales of
bagged rice. The OAG found that only one of the five companies had an
experience as a retailer and some of the others were related to the first one.
It also found that a single person had issued cheques on behalf of all the six
companies when they purchased rice from the PWO.
The
OAG also found that the companies sold rice to consumers at around 72-7 baht
per bag, higher than the stipulated 70 per bag. The misdeeds have led to losses
of about 3.8 billion baht ($84 million) to the government, said the OAG, which
forwarded the results of the probe to the National Anti-Corruption Commission
(NACC). The OAG reportedly recommended the NACC to prosecute the PWO officials
involved in the scheme as well as legal action against the companies for
violating the 1999 State Organization Bidding Act.The military government,
which took over in May 2014, is still holding over 14 million tons of rice in
its stockpiles.a
Oryza Afternoon Recap - Chicago Rough Rice Futures Break Down as Market
Corrects after Recent Run-up
Aug 20, 2015
Chicago
rough rice futures for Sep delivery settled 26.5 cent per cwt (about $6 per
ton) lower at $11.635 per cwt (about $257 per ton). The other grains finished
the day higher; Soybeans closed about 1.5% higher at $9.0725 per bushel; wheat
finished about 2% higher at 5.0625 per bushel, and corn finished the day about
1.1% higher at $3.8250 per bushel.U.S. stocks fell more than 1% on Thursday,
pressured by continued uncertainty over the timing of a rate hike and low oil
prices. The Dow Jones industrial average traded about 210 points lower after
briefly falling as much as 280 points.
The
index is off more than 4% for the year so far. The Nasdaq Composite lost more
than 2% to near 4,900. The index is up about 3.5% year-to-date. The S&P 500
fell into negative territory for the year and struggled to climb out of it,
with consumer discretionary the greatest decliner on the day. Energy is the
greatest laggard for the year, down 17%. The index is below its 200-day moving
average. Declines in global markets also pressured U.S. equities. European
stocks closed down about 2% as concerns about China, the Federal Reserve
weighed. The Shanghai Composite plunged 3.4% as investors failed to gain
confidence in government support measures. Initial claims data came in at
277,000, but remained consistent with an improving labor market trend that
could support a rate hike this year.
Existing home sales rose to an
eight-year high, while leading indicators declined 0.2% in July. The Dow Jones
Industrial Average traded down 244 points, or 1.4%, at 17,103. The S&P 500
traded down 29 points, or 1.37%, at 2,051, with consumer discretionary leading
nine sectors lower and utilities the only advancer. The Nasdaq traded down 105
points, or 2.11%, at 4,913. Gold is trading about 2% higher, crude oil is seen
trading about 0.4% lower, and the U.S. dollar is seen trading about 0.4% lower
about 2:45pm Chicago time.Wednesday, there were 972 contracts traded,
down from 1,065 contracts traded on Tuesday. Open interest – the number of
contracts outstanding – on Wednesday increased by 132 contracts to 10,321.
Oryza U.S. Rough Rice Recap - Bids Soften as Futures Come Off; Sellers Still
Waiting for Higher Prices
Aug 20, 2015
The U.S. cash market
was mostly unchanged today with little trading to report as bids dropped with
the futures market while sellers continue to hold out for higher prices despite
tepid export demand.Today the USDA reported that cumulative net export sales
for the week that ended on August 13th, totaled 35,000 tons.
Increases were
reported for the following destinations including: 12,800 tons to Canada, 8,800
tons Honduras including 4,700 tons switched from unknown destination, 7,100
tons to Haiti, 3,200 tons to Jordan, and 1,800 tons to Mexico while decreases
of 2,500 tons were reported for unknown destinations.
U.S. rice exporters
shipped 43,100 tons with the primary destinations including: 25,300 tons to
Mexico, 7,100 tons to Haiti, 3,000 tons to Canada, and 600 tons to Saudi
Arabia.
Thailand, Vietnam Rice Sellers Lower Some of Their Quotes Today; Other
Asian Quotes Unchanged
Aug 20, 2015
Thailand rice sellers
lowered their quotes for 100% broken and 5% broken varieties by about $5 per
ton each to around $370-$380 per ton and $$355-$365 per ton. Vietnam rice
sellers lowered their quotes for Vietnam 5% broken rice variety by about $5 per
ton to around $305-$315 per ton. India and Pakistan rice sellers kept their
quotes unchanged today.
5% Broken Rice
Thailand 5% rice is
indicated at around $355 -$365 per ton, about a $25 per ton premium on Vietnam
5% rice shown at around $330 - $340 per ton, unchanged from yesterday. India 5%
rice is indicated at around $360 - $370 per ton, unchanged from yesterday and
about $30 per ton premium on Pakistan 5% rice shown at around $330 - $340 per
ton.
25% Broken Rice
Thailand 25% rice is
shown at around $345 - $355 per ton, about a $30 per ton premium on Vietnam 25%
rice shown at around $315- $325 per ton, unchanged from yesterday. India 25%
rice is indicated at around $340 - $350 per ton, about $30 per ton premium on
Pakistan 25% rice shown at around $310 - $320 per ton.
Parboiled Rice
Thailand parboiled
rice is indicated at around $365 - $375 per ton, unchanged from yesterday.
India parboiled rice is indicated at around $355- $365 per ton, unchanged from
yesterday and about $60 per ton discount to Pakistan parboiled rice was
last shown at around $415 - $425 per ton.
100% Broken Rice
Thailand broken
rice, A1 Super, is indicated at around $320 - $330 per ton, about $15 per ton
from premium on Vietnam 100% broken rice shown at around $305 - $315 per ton.
India's 100% broken rice is shown at around $295 - $305 per ton, about a $15
per ton premium on Pakistan broken sortexed rice shown at around $280 - $290
per ton.
Download/View
On-Line the above News in pdf for
mat,just
click the following link
No comments:
Post a Comment