Cambodia Misses One Million Ton Rice Export Target Due to Inadequate
Infrastructure, Says Prime Minister
Dec 10, 2015
Cambodia failed to
achieve the self-imposed target of exporting one million tons of rice by 2015
due to inadequate milling and storage facilities as well as access to finance,
the Xinhua News Agency quoted the country's Prime Minister as saying at a
national conference.
"So far this
year, we had exported only half a million tons of milled rice, or about 50
percent of the target, so we cannot achieve the target of exporting 1 million
tons of milled rice by 2015," he was quoted. "Tough competition with
other rice exporters such as Thailand, Vietnam, Myanmar, and India was also a
contributing factor to the failure," he added.
The government set the
target in 2010.
The Ministry of
Agriculture is estimating the 2015 paddy rice output to exceed 9.2 million
tons, including about 2.1 million tons from the dry season crop and about 7.1
million tons from the main season crop. It is expecting around 3 million tons
of milled rice available for exports in 2016.
China, France, Poland,
Malaysia, and the Netherlands are the major destinations for Cambodia's milled
rice.
Cambodia has exported
around 369,105 tons of milled rice in the first nine months of 2015, up about
37% from around 269,370 tons exported during the same period last year. The
Southeast Asian nation exported around 370,000 tons of rice in 2014.
USDA estimates
Cambodia to export 1.1 million tons of rice (including official and unofficial
exports to Vietnam and Thailand through borders) in 2015, up about 10% from an
estimated 1 million tons in 2014.
Brunei Urges Rice Farmers to Adopt IPM Technique to Avoid Pest-Related
Yield Losses
Dec 10, 2015
Brunei's Department of
Agriculture and Agrifood (DAA) is promoting the use of Integrated Pest
Management (IPM) techniques to avoid pest-related yield losses in the country,
according to Brunei Times.
An official from the
DAA told reporters that pests such as stem borers, brown plant hoppers, green
leafhoppers and rice leaf folders have been impacting reducing the
effectiveness of rice production in the countries. He noted that these needed
to be taken seriously to boost paddy yields.
"Most of these
pests only affect the plant at a certain growth stage. But some of them also
feed on the planting until ripening stage,” he was quoted. He added that the
pests feed on the roots, stems, leaves and grains of paddy, and they impact
production depending on the incidence and severity. Therefore checking the pest
population is important, he said.
He noted that:
"IPM is a comprehensive approach to pest control that combines the use of
physical, cultural, biological and chemical control to reduce the incidence of
pests to a tolerable level while maintaining a quality environment.” He
stated that chemical control should be used as a last resort as chemicals are
hazardous to human health and will allow pests to develop immunity to the
pesticides.
The official noted
that though the DAA is offering to sell pesticides to farmers at a reduced
price to help them contain production costs, it is discouraging the reliance of
farmers on chemical control.
Brunei produces only
2% of the nation's domestic annual rice consumption of around 40,000 tons.
Brunei’s rice production has remained at around 1,000 tons since 2002. Brunei
imports 95% of its rice requirement from Thailand. Brunei imported about 20,948
tons of rice from Thailand in the first ten months of 2015, and it imported a
total of 42,207 tons of rice in 2014, according to data from the Thai Rice
Exporters Association (TREA).
The USDA estimates
Brunei to produce 1,000 tons of milled rice and import around 40,000 tons in
2015, to meet a consumption demand of around 41,000 tons.
Philippines to Import 300,000 - 400,000 Tons of Rice in Second Quarter of
2016 to Ensure Adequate Stocks
Dec 10, 2015
The government of the
Philippines will buy an additional 300,000 - 400,000 tons of rice in the second
quarter of 2016 to ensure adequate stocks amid concerns of extending dry
conditions because of the El Nino weather phenomenon, according to Reuters. The
National Food Authority (NFA) Council and the Cabinet Task Force on El Nino
have agreed for the additional imports, according to the Presidential
Communications Secretary.
"Preparations are
in place to deal with the worst possible El Nino scenario," the official
told reporters. "The full effect of the current El Nino phenomenon will be
felt in February and March 2016 when the entire country is projected to get only
20 to 30 percent of normal rainfall," he added.
The volume of new
imports is above the already approved 500,000 tons of rice by the NFA Council.
The rice is purchased from Thailand and Vietnam, and is expected to be
delivered in the first quarter of 2016. The new imports by the Philippines are
expected to push up rice export prices in Asia.
Last month, the
government indicated a need to purchase an additional 1.3 million tons of rice
in the second quarter, but the Economic Planning Secretary recently noted that
the additional requirement could be lower than expected because of better than
expected paddy output in the coming months.
The Philippines
imported a total of 1.8 million tons of rice this year due to reduced output
from the El Nino linked dry weather conditions as well as other natural
calamities like floods and storms.
Indonesia Signs Four-Year G2G Rice Import MoU with Pakistan
Dec 10, 2015
The government of
Indonesia has signed a Memorandum of Understanding (MoU) to import around one
million tons of white rice with Pakistan between 2016-19, local sources quoted
a message from the Pakistan Embassy.
The Indonesian Trade
Minister and the Ambassador of Pakistan have signed the MoU in Islamabad on
December 9, 2015. The MoU is understood to help Indonesia to replenish its rice
stocks amid concerns of falling production due to extending drought conditions.
The value of the
four-year rice import contract is reportedly around $400 million. The
Indonesian state logistics agency Bulog and the Trading Corporation of Pakistan
(TCP) will reportedly implement the contract.
The Indonesian
government has similar rice import MoUs with other ASEAN countries such as
Thailand, Vietnam, Cambodia and Myanmar. However, this is the first time it has
signed a MoU with a non-ASEAN country.
Trade between Pakistan
and Indonesia increased significantly following the conclusion of a
Preferential Trade Agreement in 2013.
Export quotes of
Pakistan 5% and 25% broken rice varieties increased to $335 per ton and $305
per ton in response to the MoU news.
South Korea Buys 55,555 Tons of Non-Glutinous Brown Rice in Tender
Dec 10, 2015
South Korea's state
run Agro Fisheries & Food Trade Corporation (KAFTC) has purchased 55,555 tons
of non-glutinous brown rice of China and U.S. origins for delivery between
March 31, 2015 and April 30, 2015 in tenders that closed on December 9, 2105,
according to a statement on its website.
The details of the
bidding are as follows:
Global Rice Quotes
December
10th, 2015
Long
grain white rice - high quality
Thailand
100% B grade 355-365 ↓
Vietnam
5% broken 370-380 ↔
India
5% broken 345-355 ↔
Pakistan
5% broken 330-340 ↑
Myanmar
5% broken 410-420 ↑
Cambodia
5% broken 415-425 ↔
U.S.
4% broken 485-495 ↔
Uruguay
5% broken 515-525 ↔
Argentina
5% broken 530-540 ↔
Long
grain white rice - low quality
Thailand
25% broken 335-345 ↔
Vietnam
25% broken 355-365 ↔
Pakistan
25% broken 300-310 ↑
Cambodia
25% broken 400-410 ↔
India
25% broken 320-330 ↔
U.S.
15% broken 515-525 ↔
Long
grain parboiled rice
Thailand
parboiled 100% stxd 345-355 ↔
Pakistan
parboiled 5% broken stxd 405-415 ↔
India
parboiled 5% broken stxd 340-350 ↔
U.S.
parboiled 4% broken 590-610 ↔
Brazil
parboiled 5% broken 545-555 ↔
Uruguay
parboiled 5% broken NQ ↔
Long
grain fragrant rice
Thailand
Hommali 92% 690-700 ↓
Vietnam
Jasmine 440-450 ↔
India
basmati 2% broken NQ ↔
Pakistan
basmati 2% broken NQ ↔
Cambodia
Phka Mails 830-840 ↔
Brokens
Thailand
A1 Super 325-335 ↔
Vietnam
100% broken 330-340 ↔
Pakistan
100% broken stxd 285-295 ↔
Cambodia
A1 Super 355-365 ↔
India
100% broken stxd 280-290 ↔
Egypt
medium grain brokens NQ ↔
U.S.
pet food 330-340 ↔
Brazil
half grain NQ ↔
All
prices USD per ton, FOB vessel, oryza.com
India Rice Stocks in Central Pool Stand at 11.315 Million Tons as of
December 1, 2015; Down 48% from Last Year
Dec 10, 2015
India’s rice stocks in
the central pool as of December 1, 2015 stood at around 11.315 million tons
(including a milled equivalent of about 2.041 million tons of paddy), down
about 48% from around 21.57 million tons recorded during the same period last
year, according to data from the Food Corporation of India (FCI).
Month-over-month,
India's rice stocks in the central pool are down about 8% from around 12.27
million tons recorded on November 1, 2015. The current rice stocks are about
one million tons more than the required strategic reserve norms of around 10.25
million tons for this time of the year, according to the FCI.
Total food grain
stocks (including rice and wheat) in the central pool stand at around 38.278
million tons as of December 1, 2015, down about 22% from last year's stock of
around 49.381 million tons and down about 9% from last month's stock of around
42.26 million tons. Wheat stocks stand at around 26.88 million tons, down about
2.5% from last year's stock of around 27.569 million tons and down about 10%
from last month's stock of around 26.88 million tons.
The government of
India had revised the buffer norms for food grains, including rice, in the
Central Pool in January this year. According to the new norms, buffer stocks
for food grains to be maintained with the FCI at this part of the year is 30.77
million tons.
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