Friday, September 18, 2015

18th September,2015 Daily Exclusive ORYZA Rice E-Newsletter by Riceplus Magazine

Global Rice Quotes

September 17th, 2015


Long grain white rice - high quality
Thailand 100% B grade          350-360           ↔
Vietnam 5% broken    325-335           ↔
India 5% broken         355-355           ↓
Pakistan 5% broken    310-320           ↔
Myanmar 5% broken   415-425           ↔
Cambodia 5% broken             420-430           ↔
U.S. 4% broken           530-540           ↔
Uruguay 5% broken    535-545           ↔
Argentina 5% broken 530-540           ↔

Long grain white rice - low quality
Thailand 25% broken 325-335           ↔
Vietnam 25% broken 315-325           ↔
Pakistan 25% broken 290-300           ↔
Cambodia 25% broken           405-415           ↔
India 25% broken       315-325           ↓
U.S. 15% broken         500-510           ↔

Long grain parboiled rice
Thailand parboiled 100% stxd            340-350           ↔
Pakistan parboiled 5% broken stxd    415-425           ↔
India parboiled 5% broken stxd         340-350           ↓
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%          810-820           ↔
Vietnam Jasmine         450-460           ↔
India basmati 2% broken        NQ      ↔
Pakistan basmati 2% broken   NQ      ↔
Cambodia Phka Mails             830-840           ↔

Brokens
Thailand A1 Super      305-315           ↔
Vietnam 100% broken            305-315           ↔
Pakistan 100% broken stxd    275-285           ↔
Cambodia A1 Super   355-365           ↔
India 100% broken stxd         300-310           ↔
Egypt medium grain brokens NQ      ↔
U.S. pet food 335-345           ↔
Brazil half grain          NQ      ↔

All prices USD per ton, FOB vessel, oryza.com

India High Quality Rice Quotes Decline Sharply Today; Other Asia Rice Quotes Unchanged


Sep 17, 2015
India rice sellers lowered their quotes for 5% broken rice, 25% broken rice and parboiled rice by about $25-$10 per ton today. Other Asia rice sellers kept their quotes unchanged.

5% Broken Rice
Thailand 5% rice is indicated at around $335 - $345 per ton, about $10 per ton premium on Vietnam 5% rice shown at around $325 - $335 per ton.
India 5% rice is indicated at around $355 - $365 per ton, down about a $20 per ton from yesterday and about $45 per ton premium on Pakistan 5% rice shown at around $310 - $320 per ton.

25% Broken Rice
Thailand 25% rice is shown at around $325 - $335 per ton, about $5 per ton premium on Vietnam 25% rice shown at around $320- $330 per ton.
India 25% rice is indicated at around $315 - $325 per ton, down about a $25 per ton from yesterday and about $25 per ton premium on Pakistan 25% rice shown at around $290 - $300 per ton.

Parboiled Rice
Thailand parboiled rice is indicated at around $340 - $350 per ton.
India parboiled rice is indicated at around $340- $350 per ton, down about a $10 per ton from yesterday and about $75 per ton discount to Pakistan parboiled rice last shown at around $415 - $425 per ton.                            

100% Broken Rice
Thailand broken rice, A1 Super, is indicated at around $305 - $315 per ton, at par with Vietnam 100% broken rice shown at around $305 - $315 per ton.
India's 100% broken rice is shown at around $300 - $310 per ton, about $25 per ton premium on Pakistan broken sortexed rice shown at around $275 - $285 per ton.

 

Philippines Buys 750,000 Tons of Thai, Viet Rice in G2G Tender


Sep 17, 2015
The Philippines’ National Food Authority (NFA) will import 750,000 tons of 25% broken rice at $426.83 per ton from the governments of Thailand  (supplying 300,000 tons) and Vietnam (450,000 tons), according to local sources. Under this tender, there will be 250,000 tons imported this year, including 125,000 tons in November and 125,000 tons in December, and 500,000 tons imported next year. The Thai and Viet offers were initially rejected due to high prices, but the NFA gave the governments until 3 pm on Thursday to resubmit offers. The NFA was spurred to act in part due to the El Nino weather phenomenon that is expected to worsen by October and last through to the spring of 2016, reducing precipitation in parts of Asia. 

 

Oryza Afternoon Recap - Chicago Rough Rice Futures Settle Little Changed after Trading to Nearly $0.50 Range; US Grains Sag as Fed Leaves Rates Unchanged


Sep 17, 2015


Chicago rough rice futures for Nov delivery settled 3 cents per cwt (about $1 per ton) higher at $12.895 per cwt (about $284 per ton). The other grains finished the day lower as the markets reacted to the latest move from the Fed; Soybeans closed about 0.3% lower at $8.8450 per bushel; wheat finished about 1.2% lower at $4.8150 per bushel, and corn finished the day about 1.5% lower at $3.7975 per bushel.

U.S. stocks tried to hold higher Thursday as investors digested the Federal Reserve's rate hike decision and awaited Fed Chair Yellen's press conference. The major indices fluctuated between slight gains and losses in the minutes after the Fed statement showed the central bank kept interest rates unchanged. The Dow traded about 30 points higher. The index initially jumped 100 points before dipping briefly into negative territory. The S&P 500 held above the 2,000-level hit before the statement release. Utilities jumped more than 1.5% to lead gains on the S&P 500, while financials were among the decliners. Regional banks underperformed. Regardless of this afternoon's decision, investors will scrutinize the statement language for indications on the pace of tightening and factors policymakers are watching. Gold is trading about 0.8% higher, crude oil is seen trading about 0.7% lower, and the U.S. dollar is seen trading about 0.8% lower about  1:30pm Chicago time.
Wednesday, there were 867 contracts traded, up from 417 contracts traded on Tuesday. Open interest – the number of contracts outstanding – on Wednesday decreased by 35 contracts to 10,665.

 

Dam Waters Flood Rice Paddy Fields in Cambodia, Reigniting Concerns over Mekong Region Hydropower Projects


Sep 17, 2015

Chinese operators of Cambodia’s Kamchay Dam released water that flooded rice paddy fields, fruit trees, livestock, and homes of over 1,500 families in the area.  The Kamchay Dam opened in 2011 and the hydropower facility was constructed by a Chinese company for $280 million under a 44-year build-operate-transfer contract, according to Hydro World.  The dam and hydropower facility is one of several Chinese developed energy projects that sells power to the government of Cambodia. The dam is located South of the capital city Phnom Penh. Dam operators said the water needed to be released following excess rains but some are concerned about the ongoing social and environmental impacts of the various dams.

Myanmar Lowers Export Estimate for 2015-16 to 1.6 Million Tons


Sep 17, 2015

Myanmar was projecting to export about 2 million tons of rice in 2015-16, up from about 1.8 million tons in 2014-15, a recent record. However, exports for 2015-16 are now expected to be closer to 1.6 million tons, according to the Myanmar Rice Federation (MRF) vice chair, after exports were temporarily halted after floods ravaged the crop.

Oryza U.S. Rough Rice Recap - Prices Hold Steady as Export Sales Slip; Chinese Phyto Protocol Still A Ways Off

Sep 17, 2015

The U.S. cash market was seen steady today despite disappointing export sales and news that the phytosanitary protocol that would allow for U.S. exports to China is further away from being signed than what was reported earlier this week.Analysts notes that the protocol is still undergoing an interagency administrative/regulatory review by Chinese officials however no timeline has been set as to when the protocol will be finalized and signed.In the meantime, the USDA reported that cumulative net export sales for the week that ended on September 10th, totaled 48,800 tons, a decrease of 48% from the previous week.

Increases were reported for the following destinations including: 24,000 tons to Japan, 6,800 ton to Canada, 3,400 tons to Panama, 3,300 tons to Mexico, and 3,000 tons to Honduras while decreases of 200 tons were reported for Costa Rica.U.S. rice exporters shipped 74,300 tons, a decrease of 22% from the previous week, with the primary destinations including: 28,900 tons to Panama, 21,000 tons to Libya, 5,900 tons to South Korea, 5,800 tons to Costa Rica, and 3,400 tons to Saudi Arabia.


Oryza Overnight Recap – Chicago Rough Rice Futures Sharply Lower Overnight as Market Continues to Pullback from Recent Highs

 

Sep 17, 2015

Chicago rough rice futures for Nov delivery are currently paused 12.5 cents per cwt (about $3 per ton) lower at $12.740 per cwt (about $281 per ton) ahead of floor trading in Chicago. The other grains are seen trading lower ahead of early morning action; soybeans are currently seen trading about 0.7% lower, wheat is listed about 0.7% lower and corn is currently noted about 1% lower.U.S. stock index futures held a touch lower on Thursday as traders looked to the Federal Reserve and today's interest rate decision. The Fed's Federal Open Market Committee (FOMC) rate move is expected to be announced at 2:00 p.m. ET, with a press conference from Fed Chair Janet Yellen set to follow at 2:30 p.m. Whether the Fed raises rates or not, markets may move more on its words than actions.


Traders have been betting against a central bank rate hike, so news of such an increase could get a negative response. But some say markets would be more relieved in the event of a rate rise if the Fed assures a slow path higher for rates, and it could do that in the interest rate forecasts of its members and again in its post-meeting news briefing. The markets will also seek a clear explanation of why the Fed did not hike, if it holds rates steady. In Europe, the pan-European Stoxx 600 index was little changed, with investors keenly awaiting the Fed's decision. In Asia, the Shanghai Composite index closed down 2.08% amid volatility, while Japan's Nikkei finished 1.43% higher. In economic news, initial jobless claims declined slightly to 264,000. August housing starts fell about 3%. Gold is currently trading about 0.3% lower, crude oil is seen trading about 1.1% lower, and the U.S. dollar is currently trading about 0.3% lower at 8:15am Chicago time.


 Download/View On-Line the above News in pdf for
mat,just click the following link


No comments:

Post a Comment