BRAZIL Paddy Rice
Index Declines Slightly From Previous Week
Mar 01, 2016
The Brazilian paddy
rice index maintained by the Center for Advanced Studies on Applied Economics
(CEPEA) reached around 41.66 real per 50 kilograms as of February 26, 2016,
down about 0.6% from around 41.91 real per 50 kilograms as of February 19,
2016.
In terms of USD, the
index reached around $208.3 per ton on February 26, 2016, down about 2% from
around $212.50 per ton recorded a week ago.
Month-on-month, the
index has declined around 0.6% from around 41.93 real per 50 kilograms recorded
month ago. In terms of USD, the index increased around 1.4% during the month.
6 Milled Rice
Production Estimated to Increase 8% y/y to 1.772 Million Tons on Higher Acreage
Mar 01, 2016
The European Union
(EU) total milled rice production (Japonica and Indica) is estimated at around
1.772 million tons in the marketing/crop year (MY) 2015-16 (September 2015 -
August 2016), up about 8% from an estimated 1.637 million tons in MY 2014-15,
according to the latest balance sheet published by the EU Directorate General
for Agriculture and Rural Development (EU-DGARD).
In the February 2016
report, the EU-DGARD estimates production of Japonica rice to increase to
around 1.322 million tons in MY 2015-16, up about 21% from an estimated 1.089
million tons produced in the previous year. However, the EU-DGARD estimates
production of Indica rice to decline to around 449,000 tons in MY 2015-16, down
about 2% from around 548,000 tons produced last year.
The EU-DGARD forecasts
the total rice acreage in MY 2015-16 to increase about 5% to around 436,000
hectares from around 414,000 hectares last year.
The agency forecasts
EU milled rice exports (to non-EU countries) to decline about 16% to around
200,000 tons in MY 2015-16 from an estimated 239,000 tons in the previous year.
It forecasts EU milled rice imports (from non-EU countries) in MY 2015-16 to
increase about 8% to around 1.29 million tons from an estimated 1.193 million
tons last year.
The EU-DGARD forecasts
the EU ending stocks in MY 2015-16 to increase about 33% to around 585,000 tons
from an estimated 441,000 tons in the last year.
Ministry Official
Rules Out High Levels of Arsenic in Cambodian Rice
Mar 01, 2016
Responding to results
of a study, which found high levels of arsenic in some samples of Cambodian
rice, the spokesman of the Agriculture Ministry assured that Cambodian rice is
not contaminated with high levels of arsenic, according to Phnompenh Post.
“Listen, I can assure
you there is no contamination in Cambodian rice, before we export rice, it goes
through a test and if there was contamination it would not be allowed to be
exported. We have the Department of Land, Surveying and Management where we
test the soil nutrition and soil contamination. If there is irregularity there,
they would report it and we would act on it," he was quoted. The official
added that same procedures would be followed for domestic rice as well.
The study was
undertaken by Yumei Kang of the Kochi University in Japan and was published in
the International Journal of Water and Wastewater Treatment at the end of
January 2016.
It noted that arsenic
levels in some of the Cambodian rice varieties are much above the 0.2
milligrams per kilogram (mg/kg) standard prescribed by the World Health
Organization (WHO) and the UN’s Food and Agriculture Organisation (FAO).
Rice samples from
Kampong Thom contained 0.371 mg/kg, and samples from Banteay Meanchey,
Battambang and Prey Veng contained above 0.2 mg/kg of arsenic, according to the
study.
The author of the
study noted that the government should formulate regulations to ensure that
rice contaminated with arsenic should not reach the market.
One of the leading
exporters also ruled out high levels of arsenic in Cambodian Rice. However,
"the government should check all rice production, and if there’s any high
levels, they should alert the farmers,” he said.
Thailand, Vietnam,
India Rice Sellers Increase Their Quotes Today; Pakistan Rice Quotes Unchanged
Mar 01, 2016
Thailand rice sellers
increased their quotes for 5% broken rice and 25% broken rice by about $5 per
ton each to around $360-$370 per ton and $350-$360 per ton respectively today.
Vietnam rice sellers increased their quotes for Jasmine rice by about $10 per
ton to around $425-$435 per ton. India rice sellers increased their quotes
for 5% broken rice, 25% broken rice, parboiled rice and 100% broken rice
by about $5 per ton each to around $365-$375 per ton, $330-$340 per ton, $355-$365
per ton and $265-$275 per ton respectively. Pakistan rice sellers kept their
quotes unchanged today.
5% Broken Rice
Thailand 5% rice is
indicated at around $360 - $370 per ton, about $5 per ton premium on Vietnam 5%
rice shown at around $355 - $365 per ton. India 5% rice is indicated at around
$365 - $375 per ton, about $30 per ton premium on Pakistan 5% rice shown at
around $335 - $345 per ton.
25% Broken Rice
Thailand 25% rice is
indicated at around $350 - $360 per ton, about $5 per ton premium on Vietnam
25% rice shown at around $345- $355 per ton. India 25% rice is indicated
at around $330 - $340 per ton, about $25 per ton premium on Pakistan 25% rice
shown at around $305 - $315 per ton.
Parboiled
Rice
Thailand parboiled rice
is indicated at around $365 - $375 per ton. India parboiled rice is indicated
at around $355 - $365 per ton, about $50 per ton discount to Pakistan parboiled
rice last shown at around $405 - $415 per ton.
100% Broken Rice
Thailand broken rice,
A1 Super is indicated at around $325 - $335 per ton, about $5 per ton discount
to Vietnam 100% broken rice shown at around $330 - $340 per ton. India's 100%
broken rice is shown at around $265 - $275 per ton, about $20 per ton discount
to Pakistan broken sortexed rice shown at around $285 - $295 per ton.
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