Rice Protein Market Outlook 2017 - Ribus, Shafi Gluco-Chem, Golden
Grain Group, Axiom Foods
Rice Protein
Rice Protein Market Research 2017
A market study ” Global Rice Protein
Market ” examines the performance of the Rice Protein market 2017. It encloses
an in-depth Research of the Rice Protein market state and the competitive
landscape globally. This report analyzes the potential of Rice Protein market
in the present and the future prospects from various angles in detail.The
Global Rice Protein Market 2017 report includes Rice Protein market Revenue,
market Share, Rice Protein industry volume, market Trends, Rice Protein Growth
aspects. A wide range of applications, Utilization ratio, Supply and demand
analysis are also consist in the report.It shows manufacturing capacity, Rice
Protein Price during the Forecast period from 2017 to 2022.
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Manufacturers Analysis and Top
Sellers of Global Rice Protein Market 2017 -
1. Axiom Foods
2. AIDP, Inc
3. Ricebran Technologies
4. Shaanxi Fuheng (FH) Biotechnology
5. Shafi Gluco-Chem
6. Bioway (Xi’an) Organic
Ingredients
7. Golden Grain Group
8. Ribus
9. The Green Labs
10. Top Health Ingredients
Rice Protein Market : By Application
• Sports & Energy Nutrition
• Beverages
• Bakery & Confectionery
• Meat Analogs & Extenders
• Dairy Alternatives
Rice Protein Market : By Type
• Rice Protein Concentrates
• Rice Protein Isolates
• Other Rice Protein Types
Firstly, the report covers the top
Rice Protein manufacturing industry players from regions like United States,
EU, Japan, and China. It also characterizes the market based on geological
regions.
Further, the Rice Protein report
gives information on the company profile, market share and contact details
along with value chain analysis of Rice Protein industry, Rice Protein industry
rules and policies, circumstances driving the growth of the market and
compulsion blocking the growth. Rice Protein Market development scope and
various business strategies are also mentioned in this report.
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The Rice Protein research report
includes the products that are currently in demand and available in the market
along with their cost breakup, manufacturing volume, import/export scheme and
contribution to the Rice Protein market revenue worldwide.
Finally, Rice Protein market report
gives you details about the market research findings and conclusion which helps
you to develop profitable market strategies to gain competitive advantage.
About Us:
"Spire Market Research" is
a leading market intelligence team which accredits and provides the reports of
some of the top publishers in the field of technology industry. We are as a
firm expertise in making extensive reports that cover all the necessary details
about the market assessments such as major technological improvement in the
industry.
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This release was published on
openPR.
http://www.openpr.com/news/628481/Rice-Protein-Market-Outlook-2017-Ribus-Shafi-Gluco-Chem-Golden-Grain-Group-Axiom-Foods.html
Qatar–Philippines Food Security
Summit promises hope
18 Jul 2017 - 2:34
Adel Sa’adeh, MSI Managing Director and Special Advisor to the
PEZA Director General for the Middle East.
By Raynald C Rivera / The Peninsula
The Philippines is set to present
the enormous potential its agro-industry sector can offer towards achieving
food security at the upcoming Qatar – Philippines Food Security Summit slated
on September 18.Preparations are underway for the summit to be hosted by
Management Solutions Consultants WLL (MSI) under the auspices of Philippine
Economic Zone Authority (PEZA) which presented the Philippine Investment
Conference in February this year.
During the state visit of Philippine President Rodrigo Duterte in Qatar last April, PEZA signed 13 business to business deals worth $206m in various areas. “Investments were mostly in tourism eco-zones and retirement villages. This time, we want to explore agro-industry and food security, which the Philippines has so much to offer,” Joseph Timothy Rivera, Qatar-based PEZA Special Advisor to the Director General for Middle East and Northern Europe, said yesterday.
Recently, a number of Qatari and expatriate businesses in the food and agricultural sector have looked to import food from alternative source markets, while some have considered outsourcing food production.In response to this, MSI has launched an inter-chamber dialogue with local stakeholders during which the Philippines has been proposed as a source for their current needs.
MSI was one of the companies that signed intentions to branch out in the Philippines as an ecozone services provider during the recent visit of President Duterte.To higlight this initiative, MSI Managing Director Adel Sa’adeh has announced the hosting of the food security summit which will see the convergence of food industry-related companies in Qatar and efficient food suppliers from the Philippines. Sa’adeh, who is the only non-Filipino Special Advisor to the PEZA Director General for the Middle East expressed confidence the huge potentials and high quality standards of Philippine food growers would satisfy the needs of the Qatari market.
To complement the leading local food industry players who will be attending the summit, Sa’adeh also said that PEZA Director General Charito B Plaza, Philippine Ambassador to Qatar Allan Timbayan and a contingent of resource persons from the Philippine Department of Agriculture (DA) and International Rice Research Institute (IRRI) will be invited to grace the event
http://www.thepeninsulaqatar.com/article/18/07/2017/Qatar%E2%80%93Philippines-Food-Security-Summit-promises-hope
Go, buffalo,
go!
Source:IC Published: 2017/7/17
19:58:39
A Thai farmer competes in the Water
Buffalo Racing Festival in Chonburi Province, Thailand, Sunday. The Water
Buffalo Racing Festival, held among rice farmers, celebrates the rice growing
season and aims to conserve the buffalo's traditional role in rice cultivation
as modern machinery rapidly replaces the animal in Thai agriculture. Photo: IC
http://www.globaltimes.cn/content/1056721.shtml
Sri
Lanka negotiates to purchase 500,000 MT of high-quality rice from Myanmar
Tue, Jul 18, 2017, 10:04 am SL Time, ColomboPage News Desk, Sri Lanka.
Tue, Jul 18, 2017, 10:04 am SL Time, ColomboPage News Desk, Sri Lanka.
The
offer to buy 200,000 MT of parboiled rice and 300,000 MT of white rice was made
last week during negotiations led by the Sri Lankan Ambassador K.W.N.D.
Karunaratne between the two governments, Myanmar Times reported.
According
to Dr Soe Tun, vice chair of the Myanmar Rice Federation, Sri Lanka first
offered to purchase 500,000 MT of rice from Myanmar in February but has not
pursued after Sri Lanka was told the price for each metric ton is US$285.
However
since then rice prices have risen to more than US$ 300 per metric ton, the
official said.
"We
are still negotiating and have yet to decide on anything," Dr Soe Tun
said, adding that Myanmar will only sell rice to Sri Lanka at market prices.
A
four-member team Sri Lankan officials visited Pakistan and Myanmar earlier this
month to hold discussions to purchase rice.
Sri
Lankan officials have negotiated for lower prices than the prices first quoted
by both Pakistan and Myanmar officials. Officials of both countries have agreed
that such bargaining is acceptable and said shall submit Sri Lanka's bargained
price quotes to their respective Cabinets (of Ministers) for approval, to
complete the government to government sales, Sri Lankan Minister of Industry
and Commerce Rishad Bathiudeen said.
According
to the Myanmar Ministry of Commerce, trade between Myanmar and Sri Lanka in
2011-12 amounted to US$1.1 million, but later declined. In 2015-16, trade
between the two countries rose to US$3.1 million.
Under
new NLD-led government, trade between the two countries has rapidly increased,
hitting US$24.5 million in 2016-17. In the first two months of the current
fiscal year, trade between Sri Lanka and Myanmar amounted to US$5.3 millio
http://www.colombopage.com/archive_17B/Jul18_1500352458CH.php
Qatar to import edibles worth $1 bn from Pakistan
ISLAMABAD: In the wake of strained
relations between Saudi Arabia and Qatar, Doha’s high-powered trade delegation
has visited Pakistan last week for exploring opportunities for importing meat
including beef and mutton, chicken, rice and dairy products worth over a
billion dollar.
Qatar is a rich country having
potential to import over a billion dollar food items from Pakistan. “In
the upcoming Special Economic Zones (SEZs) which will be established with the
help of China, proposals are under consideration to establish modernised farm
houses with the purpose to boost exports of live animals as well as of both
beef and mutton manifold in years ahead,” said the official sources.
Earlier, Qatar used to import major
chunk of food items from Saudi Arabia but after strained relationship with Gulf
States now Qatar is exploring new markets to import food items and Pakistan can
become potential player in this regard in weeks and months ahead.
Qatar is the 38th largest export
economy in the world as in 2015, their exports stood at $79.9 billion while
imports were $34.7 billion, resulting in a positive trade balance of $45.2
billion. In 2015 the GDP of Qatar was $164 billion.
The top exports of Qatar are
Petroleum Gas($44.3B), Crude Petroleum ($17.3B), Refined Petroleum ($6.47B),
Ethylene Polymers($2.26B) and Nitrogenous Fertilizers ($1.22B), using the 1992
revision of the HS (Harmonized System) classification.
Its top imports are Cars($2.87B),
Planes, Helicopters, and/or Spacecraft ($2.6B), Gas Turbines ($1.09B),Aircraft
Parts ($1.04B) and Jewellery ($970M).
The top import origins are China
($3.51B), France ($3.23B), the United Kingdom ($3.08B), the United States
($2.96B) and the United Arab Emirates ($2.76B).
Qatar borders Saudi Arabia by land
and the United Arab Emirates, Bahrain and Iran by sea. In 2015, Qatar imported
$34.7 billion worth of products making it the 58th largest importer in the
world. During the last five years, the imports of Qatar have increased at rate
of 8.5 percent increased from $22.8 billion in 2010 to $37.7 billion in 2015.
The recent imports are led by cars,
which represents 8.27 percent of total imports of Qatar, followed by planes and
then other items.
President Federation of Pakistan
Chamber of Commerce & Industry (FPCCI) Zubair Tufail on Monday confirmed to
this paper that Qatar’s trade delegation paid visit to Pakistan last week for
exploring trade opportunities and they were interested in importing food items.
“We have helped them to establish
contacts with major business houses involved in food items’ export from
Pakistan and it is expected that exporters could get their potential shares in
months and years ahead,” he concluded.
https://www.thenews.com.pk/print/217222-Qatar-to-import-edibles-worth-1-bn-from-Pakistan
NDDC’s N1.5bn rice mills set to start
operation after 10-year dormancy
JULY 18TH, 2017
EDITOR NEWS
Niger Delta region is set to join
mass rice producing scheme that may create 1,000 jobs as the N1.5 billion rice
mills built by the Niger Delta Development Commission (NDDC) since 10 years ago
are set to come into operation.
The region is also to join the rice
out-growers scheme in a deal brokered by the Federal Ministry of Agriculture
between the NDDC and an intending operator, the Elephant Group.
BusinessDay gathered that NDDC built
two rice mills in Rivers and Akwa Ibom states almost 10 years ago with
technical support from Thailand, but the mills remained fallow all the while as
different managements come and go.
NDDC sources said the mills had
undergone degradation in terms of rusty parts and missing components. A
reactivation scheme is to be undertaken by Elephant Group as soon as the final
agreement is signed and the mills are handed over, starting with the one in
Elele in Rivers State.
It was gathered that discussions on
such prospect had been going on between the Ministry of Agriculture and the
NDDC leading to inspection of the mills by the managing director of the NDDC,
Nsima Ekere to prepare them for reactivation.
The MD told the minister that it was
a huge shock for him when he and his team saw huge assets wasting for a decade.
“This is against every single thing that spirit of the Commission stands for.”
He said in the new spirit of zero
tolerance for waste and corruption, the present management and board of the
Commission resolved to put the mills to operational use to create over 1000
jobs and more wealth.
Ekere said the rice-milling scheme
would create a new template for his touted New Niger Initiative on life after
oil to be hinged on agriculture and food security. He reminded the minister
that the region had more potential for agriculture than hydrocarbon industry,
and said the Niger Delta people would begin to eat rice milled in the region.
Speaking earlier at the NDDC
conference room in Port Harcourt Monday, the minister of state for agriculture,
Heineken Lokpobiri, the reactivation of the mills in the region is to integrate
the Niger Delta into the Federal Government’s food security project and to
ensure that the oil region was made a massive rice zone.
He said rice paddy for milling were
to come from the north only but that an out-grower’s scheme would ensure that
paddy is supplied from the Niger Delta. He too talked of the huge prospects for
jobs and wealth creation.
On the proposed operators, the
minister said; “Elephant Group is one of the biggest in Nigeria in rice milling
operations where foreigners dominate. They have the financial muscle revive the
mill in Elele, rebuild the plants and develop an out-growers’ scheme”.
He said for the Acting President to
give him permission to come on the visit showed the keen interest of the FG on
food security and the rice mill system in the Niger Delta.
At the end of the meeting, the NDDC
CEO ordered immediate action beginning with due diligence on the proposed private
operators to get immediate approval from the board.
This may be the first major public
private partnership scheme of the NDDC to hand over the mills to private
operators and end the dormancy and waste of almost one decade
https://www.businessdayonline.com/nddcs-n1-5bn-rice-mills-set-start-operation-10-year-dormancy/
RiceBran Technologies to Host Shareholder Update Conference Call
Today July 17, 2017 at 4:30 PM EDT
Company to
discuss the $18.3 million sale of its Healthy Natural subsidiary and strategic
plan to build shareholder value through its proprietary ingredient business
PR Newswire
SACRAMENTO, California, July 17, 2017
SACRAMENTO, California, July 17, 2017 /PRNewswire/
--
RiceBran Technologies (NASDAQ: RIBT; NASDAQ: RIBTW)
("RBT" or "Company"), a global leader in the production and
marketing of value-added products derived from rice bran, today that Dr. Robert Smith - Chief Executive Officer & President
of RBT, Brent Rystrom - Chief Financial
Officer, and Michael Goose - President
of Ingredient Sales will host a conference call today at 4:30 p.m. EDTto discuss the Company's recent sale of its
Healthy Natural subsidiary and the strategic plan to build shareholder value
through its proprietary ingredient business.
The call information is as follows:
·
Date: July 17, 2017
·
Time:
4:30 p.m. Eastern Daylight Savings Time
·
Direct
Dial-in number for US/Canada: (201)
493-6780
·
Toll
Free Dial-in number for US/Canada: (877)
407-3982
·
Dial-In
number for international callers: (201) 493-6780
·
Participants
will ask for the RiceBran Technologies Shareholder Update Call
This call is being webcast by ViaVid and can be accessed at http://public.viavid.com/index.php?id=125547.
The call will also be available for replay by accessing http://public.viavid.com/index.php?id=125547.
About RiceBran Technologies
RiceBran Technologies is a food, animal nutrition, and specialty
ingredient company focused on the procurement, bio-refining and marketing of
numerous products derived from rice bran. RiceBran Technologies has proprietary
and patented intellectual property that allows us to convert rice bran, one of
the world's most underutilized food sources, into a number of highly nutritious
food, animal nutrition and specialty ingredient products. Our global target
markets are food and animal nutrition manufacturers and retailers, as well as
specialty food, functional food and nutritional supplement manufacturers and
retailers. More information can be found in the Company's filings with the SEC
and by visiting our website at http://www.ricebrantech.com.
Investor Contact:
Ascendant Partners, LLC
Richard Galterio
+1-(732)-410-9810
rich@ascendantpartnersllc.com
Ascendant Partners, LLC
Richard Galterio
+1-(732)-410-9810
rich@ascendantpartnersllc.com
SOURCE RiceBran Technologies
https://www.gurufocus.com/news/541341/ricebran-technologies-to-host-shareholder-update-conference-call-today-july-17-2017-at-430-pm-edt
Scientists unlock planthoppers'
potential to control future crop disease outbreaks
July 18, 2017
A small brown planthopper -- a member of a species
known for being a major carrier of rice stripe virus -- feeding on a rice
plant. Credit: Junjie Zhu
Researchers from the Chinese
Academy of Sciences' Institute of Zoology have discovered how a severe rice
virus reproduces inside the small brown planthopper, a major carrier of the
virus.
Rice stripe virus (RSV)
causes major damage to rice cropseach year. The study could inform future
strategies for controlling the spread of this and other viruses that can lead
to devastating effects on rice, wheat, cotton and other crops.
"Most plant viruses depend on
insects to carry them between plants, and many can reproduce inside the cells
of these carrier insects, or 'vectors', without actually harming them,"
says Feng Cui, Professor of Zoology. "RSV, one of the most notorious plant
viruses, is carried by the small brown planthopper and, once inside the cells,
manages to achieve a balance with the insect's immune system."
Viral infections in animal hosts
activate a pathway by which a type of enzyme, called c-Jun
N-terminal kinase (JNK), is signalled to respond. But how exactly viruses
regulate this pathway in vectors remains an open question, and Cui says the
answer would provide important clues for intervening in the spread of plant
viruses.
To address this question, Cui and
her team explored the effect of RSV on the JNK signalling pathway in the small
brown planthopper. Studying interactions between proteins, and using an
analytical method to determine the compounds that are important for the JNK
signalling pathway, they found that the virus activates the pathway in various
ways - especially through the interaction of a planthopper protein called G
protein pathway suppressor 2 (GPS2), and a viral protein called capsid protein.
"The interaction between these
two proteins promotes RSV reproduction inside the planthopper, ultimately
leading to disease outbreak when the insect carries the virus among rice
crops," says first author and postdoctoral researcher Wei Wang.
"We discovered that RSV
infection increased the level of another protein called
Tumor Necrosis Factor-α (TNF-α) and decreased the level of GPS2 in the insect
vector. The virus capsid, which stores all of RSV's genetic material,
competitively binds GPS2 to stop it from inhibiting the JNK activation
machinery. JNK activation then promotes RSV replication in the vector, while
inhibiting this pathway causes a significant reduction in virus production,
therefore delaying disease outbreak in plants."
The findings suggest that
inhibiting the JNK pathway, either by lowering JNK expressions, strengthening
interactions with GPS2 or weakening the effects of TNF-a, could be beneficial
for rice agriculture.
"Such inhibition could be
achieved through breeding or other means of genetic modification," Wang
concludes. "In some cases, it could be possible to administer the appropriate
chemical compounds to rice plants to reduce the spread of RSV."
More information: Wei Wang et al, The c-Jun N-terminal kinase pathway of a
vector insect is activated by virus capsid protein and promotes viral
replication, eLife (2017).DOI: 10.7554/eLife.26591
Provided by:
https://phys.org/news/2017-07-scientists-planthoppers-potential-future-crop.html
U.S. NAFTA Renegotiation Objectives
in Line with USA Rice Positions
By Bob Cummings
WASHINGTON, DC - Since election day
when it became clear the North American Free Trade Agreement (NAFTA) would be a
target for at least renegotiation if not abandonment, USA Rice has steadfastly
and aggressively defended the agreement as positive for rice.
Yesterday President Trump's Office
of the U.S. Trade Representative (USTR) issued its Summary of Objectives for
the NAFTA Renegotiation and it is apparent the administration has heard loud
and clear the agriculture community's concerns about a wholesale renegotiation
of the sweeping agreement.
"We are pleased to see that the
first objective under the agriculture trade section is to 'maintain existing
reciprocal duty-free market access for agricultural goods,'" said Carl
Brothers of Riceland Foods, Inc., and Chair of USA Rice's International Trade
Policy Committee. "It's satisfying
to see that our message of 'do no harm' is front and center in USTR's report. NAFTA is the reason Mexico is the number one
export market for U.S. rice and why we have seen steady growth in sales to
Canada and any renegotiation of the deal must not harm these vital
markets."
The objectives also call for the
inclusion of enforceable sanitary and phytosanitary (SPS) measures that build
upon obligations of members of the World Trade Organization, something USA Rice
welcomes.
U.S. rice shipments have at times
suffered from sudden interruptions based on SPS concerns raised by Mexican
border officials and U.S. negotiators will seek to "establish a mechanism
to resolve expeditiously unwarranted barriers that block the export of U.S.
food and agricultural products."
"We need a mechanism to quickly
deal with border disruptions, particularly for rough rice, and especially when
there is little science to back up the stoppages," said Brian King, of
Erwin-Keith, and USA Rice Chairman.
"USA Rice is going to pay close attention to these negotiations and
provide guidance to our negotiators to maintain and improve our strong export
position."
The 18-page summary fulfills the
statutory obligation of the Bipartisan Congressional Trade Priorities and
Accountability Act of 2015 that the President provide Congress with his
objectives 30 days before negotiations commence. USTR has said negotiations will begin on
August 16.
As is usual in the early stages of
trade negotiations, the parties talk of a speedy conclusion with a goal of
completing the talks prior to Mexico's presidential election in July 2018. The timeline will likely lag, especially if
existing terms of the agreement, sensitive to any of the parties, are reopened.
Earlier this morning, the House Ways
and Means Subcommittee on Trade had a hearing on the modernization of
NAFTA. In his opening remarks, Chairman
Dave Reichert (R-WA) stated, "Despite its success, NAFTA was negotiated
two decades ago when the landscape looked very different. Today's challenges require new rules, not
only to reduce tariffs on our exports but to remove non-tariff barriers as
well. It is important that we get this
right. A modernized NAFTA agreement will
serve as a template for future agreements with our trading partners."
NAFTA entered into force on January
1, 1994, and has greatly liberalized trade between Canada, Mexico, and the
United States. There are exceptions,
including sugar trade between Mexico and the United States, and Canada
maintains strict controls from NAFTA partners on dairy and poultry
imports. U.S. rice exports to Canada and
Mexico have risen steadily from just over 400,000 metric tons in 1994 to 1.1
million tons last year. Mexico is by far
the largest destination, accounting for 81 percent of last year's exports.
NOBEL Liberia, FABRAR To Export Liberian Country Rice
In its bid to help in the promotion
of Liberian businesses locally and internationally, and to empower farmers
throughout the Country, the management of NOBEL Liberia recently formed a
partnership with the Fabrar Liberia Incorporated importer of red Liberian
country rice to the to the United States for distribution.
Two executives of Fabrar Liberia Incorporated, Mrs. Jeanine Cooper;
Founder and the Chief Executive, Mr. Fabio E. Lavelanet in their meeting with
the Chief Executive Officer of NOBEL Liberia, Mr. Jallah Kesselly for a
possible business deal said they were excited to begin the exportation of the
Liberian Country Rice, tagged as the LoneStar to the United States aimed
at supplying Liberians and other Afro-Americans to have the taste of Liberian
home-produced rice.
Mrs. Cooper said 40-foot container of the Red Liberian Country
Rice is expected to be exported to the United States through the management of
NOBEL Liberia for Liberians in the United States including, the Minnesota,
Pennsylvania, and other Liberian communities in the United States, and
expressed hope that the partnership between NOBEL and her company will boost
the sale of Liberian commodities to Liberians in the diasporas.
For his part, the CEO of NOBEL Liberia, Mr. Kesselly speaking
during the partnership expressed thanks and appreciation to the management of
FABRAR for the initiative to promote Liberia abroad by making the first attempt
to export Liberian homemade rice for the consumption of Liberians in that part
of the world, using the slogan, “Helping Liberia to rise again”, his
institution will use all venue to help in the promotion of this drive.
Also speaking, the CEO of FABRAR, Mr. Lvelanet said every five
bags of the LoneStar rice being shipped to the United States is the
contribution of one farmer, and further noted that this shipment of 4,000 bags
has contributed to the livelihood 800 farm families. Adding, “Every bag
purchased puts $3 in the hands of a farmer,” Mr. Lavelanet told journalists.
Observers believed the exportation of Liberian homemade rice to
the United States will help in the promotion of Liberia’s locally produced
commodities, and will also dignify the work of the Liberian farmers.
Since the establishment of NOBEL Liberia in the country, it has
always made its support and services available to Liberian owned institutions
providing guidance and other means that will help Liberians sustain themselves
and their families
http://gnnliberia.com/2017/07/17/nobel-liberia-fabrar-export-liberian-country-rice/
FDA officials raid shop after plaint of
‘plastic rice’
Umesh Isalkar & Gitesh Shelke| TNN | Updated: Jul 18, 2017, 11:48 AM IST
PUNE: Officials of the Food and Drug Administration(FDA) conducted a raid and drew sample of a basmati rice variety from
a wholesaler in Market Yard late on
Monday evening following a citizen's complaint alleging that the rice was made
of 'plastic'.
Senior police inspector Mohan Shinde of Market Yard police station told TOI the raid was conducted after a complaint by advocate Rafiq Shaikh.
Apparently, some of Shaikh's friends ate the rice at a Chinese food joint near Market Yard and vomited immediately, fostering suspicion about its quality. "It is a basmati rice variety that is packed and processed at Karnal in Haryana and is marketed by a Delhi-based firm," Sanjay Shinde, assistant commissioner (food), FDA, Pune, said.
Senior police inspector Mohan Shinde of Market Yard police station told TOI the raid was conducted after a complaint by advocate Rafiq Shaikh.
Apparently, some of Shaikh's friends ate the rice at a Chinese food joint near Market Yard and vomited immediately, fostering suspicion about its quality. "It is a basmati rice variety that is packed and processed at Karnal in Haryana and is marketed by a Delhi-based firm," Sanjay Shinde, assistant commissioner (food), FDA, Pune, said.
"We found only one sack weighing 25kg of the suspicious rice in the godown of the wholesaler during the raid. We drew 2kg in sample from the sack for testing. We will send it to government-designated laboratory for analysis," Shinde said.
When contacted, Shaikh said, "After my friends vomited, we approached the food stall operator who took us to the retailer who supplied him with the rice. The retailer in turn took us to the wholesaler in Market Yard on Monday afternoon," he said.
The suspicion grew when the dealer who supplied the rice to the wholesaler didn't turn up throughout the day. "Following this, we brought the issue to the notice of the Market Yard Merchant Association. A sizeable number of merchants gathered outside the wholesaler's shop and informed the police. Police took the sack in their custody around 4pm on Monday. Later, they informed the FDA officials around 7pm," Shaikh said.
He said the wholesaler may have shifted the stock of the plastic rice stocked at his godown as the police took about six hours to involve FDA into the case
http://timesofindia.indiatimes.com/city/pune/fda-officials-raid-shop-after-plaint-of-plastic-rice/articleshow/59639664.cms
State clears nearly all of rice
supply
• 19
Jul 2017 at 04:00 1,208 viewed0 comments
• NEWSPAPER
SECTION: BUSINESS | WRITER: PHUSADEE ARUNMAS
A government official checks the
quality of rice stocks at a warehouse in Bangkok's Klong Sam Wa
district. PATTANAPONG HIRUNARD
- +
Eleven rice exporters and traders
bid to buy almost all of the 160,000 tonnes of rice in government stocks
yesterday, nearly clearing the more than 18 million tonnes of rice that had
been stored in warehouses for three years.
Duangporn Rodphaya, director-general
of the Commerce Ministry's Foreign Trade Department, said the total value of
the 160,000 tonnes of rice offered at the auction will be worth about 1.1
billion baht if the state agrees to sell the entire lot.
The Commerce Ministry will recheck
the qualifications of bidders and examine the prices they offered before
submitting the bids for approval by the National Rice Committee.
The ministry is due to hold another
auction soon to sell 2.6 million tonnes of inedible-grade rice.
The inedible rice is ageing and has
been in stock since the start of the Yingluck Shinawatra government, which
offered to buy rice from farmers at higher-than-market prices -- bringing in
record-high state rice stocks of more than 18 million tonnes at a time when
global rice supply outpaced demand.
The scheme created burdensome
storage expenses and huge depreciation value.
"If we can open the last auction
for the inedible rice soon, it will help cut the burdensome storage expense of
5 million baht a day, as we can sell off all the stock within July as
planned," Mrs Duangporn said.
She said the clearance of state rice
stocks this year would relieve pressure on Thai rice prices, which should be
rising after several rice-importing and rice-producing countries were hit by
bad weather, forcing them to seek staple stocks from Thailand.
Bangladesh and Sri Lanka recently
entered talks with Thailand for the urgent purchase of 400,000 tonnes of rice
to replenish their falling stocks after being hit by severe drought and floods
over the past few years.
Each country is seeking 200,000
tonnes, mostly of parboiled and common-grade white rice.
Rice basmati remains weak on low demand
PTI | Jul 19, 2017, 02:42 PM IST
New Delhi, Jul 19 () Rice basmati drifted further lower by up to
Rs 200 per quintal at the wholesale grains market today owing to slackened
demand against adequate stocks position.
Other grains held steady in thin trade.
Traders said muted domestic and exports demand against adequate
stocks position mainly kept pressure on rice basmati prices.
In the national capital, rice basmati common and Pusa- 1121
variety settled lower at Rs 6,500-6,700 and Rs 5,250- 5,300 from previous
levels of Rs 6,600-6,900 and Rs 5,300- 5,350 per quintal, respectively.
Permal raw, wand and sela also eased to Rs 2,200-2,225, Rs
2,250-2,275 and Rs 2,400-2,500 against last close of Rs 2,225-2,250, Rs
2,275-2,300 and Rs 2,500-2,600 per quintal, respectively in line with bamati
trend.
Following are today's quotations (in Rs per quintal):
Wheat MP (desi) Rs 2,100-2,345, Wheat dara (for mills) Rs
1,770-1,775, Chakki atta (delivery) Rs 1,775-1,780, Atta Rajdhani (10 kg) Rs
260-300, Shakti Bhog (10 kg) Rs 255-290,
Roller flour mill Rs 975-980 (50 kg), Maida Rs 1,010-1,020 (50
kg) and Sooji Rs 1,035-1,040 (50
kg).
Basmati rice (Lal Quila) Rs 10,700,
Shri Lal Mahal Rs 11,300,
Super Basmati Rice Rs 9,800, Basmati common new Rs 6,500-6,700, Rice Pusa (1121) Rs 5,250-5,300, Permal raw Rs
2,200-2,225, Permal wand Rs 2,250-2,275, Sela Rs 2,400-2,500 and Rice IR-8 Rs
1,850-1,900, Bajra Rs 1,190-1,200, Jowar yellow Rs 1,450-1,500, white Rs
2,900-3,100, Maize Rs 1,340-1,345, Barley Rs 1,500-1,510. SUN KPS SRK
India-China
trade balance agreement a non-starter after 3 years
In 2016-17,
India's highest export earners were iron ore, cotton and organic chemicals
Subhayan Chakraborty
| New Delhi July 18, 2017 Last Updated at 01:52 IST
42
Photo: Twitter: @narendramodi
·
INDIA-CHINA TRADE BALANCE
While the trade deficit with China
continues to balloon to over $51.09 billion, next month will mark the third
anniversary of India signing an agreement for achieving bilateral trade balance
by 2019.The five-year programme for economic and trade cooperation is a joint
medium-term road map for promoting trade and investments, signed between the
nations in September 2014.
“While it is broad-based, it
acknowledges the pitfalls of one-way trade,” an official said.The agreement
also seeks easing of restrictions by the Chinese government against export
items such as bovine meat, fruit and vegetables, and basmati rice. Of these,
only basmati rice has seen a breakthrough with 14 firms allowed to export to
China last year.However, since the agreement was non-binding, the scope of
deliberations with regard to reducing the trade deficit depended significantly
on the presence of a free environment for discussion, the official added.
The Indian and Chinese armies are in
a stand-off in the Doklam plateau of Bhutan. Commerce department officials said
chances of conclusive talks on trade issues were slim in the near future.However,
the government is throwing its weight behind a long-term plan of revising the
export basket to China. Raw materials like cotton, iron ore and copper, which
have been a hallmark of Indian exports to China, have come under increasing
scrutiny as the government and exporters try to shift priorities towards
value-added products.
Commerce Minister Nirmala Sitharaman
had earlier said the export focus should shift away from raw materials. The
ministry has identified hardware, electronics, pharmaceuticals, textiles and
automobile components.A revised export basket to China has the potential of
boosting export earnings and bridging the trade deficit, which swelled to $61 billion in 2015-16.China
is expected to relinquish its dominance over the labour-intensive and low-end
manufacturing in the near future. Industries in India are closely following
this development. “We are looking to harness our strengths in labour-intensive
sectors where India enjoys a significant advantage over other developing
nations,” a commerce ministry official said.
The top five export categories to
China are all inputs used by Chinese companies to manufacture goods for
re-export, including to India. In 2016-17, India’s highest export earners were
iron ore, cotton and organic chemicals, worth $1.43 billion, $1.34 billion and
$886.96 million, respectively.
These, along with other raw
materials like copper, constituted for more than 70 per cent of India’s exports
to China, said Ajay Sahai, director general, Federation of Indian Exports
Organisations “However, the trend is slowly changing. Cotton is increasingly
being imported from China and manufactured yarn exported back,” he added.
Trade in hardware, electronics and renewable
energy has the potential to expand greatly, according to Sachin Chaturvedi,
director-general of the Research and Information System for Developing
Countries (RIS), a think tank under the external affairs ministry. India
imports products much higher on the value chain from China with electrical
machinery topping the list at $21.98 billion, organic chemicals at $5.61
billion and plastic articles at $1.8 billion.
Sri Lanka to
import 100,000 MT of rice from Thailand
ECONOMYNEXT
– The Sri Lankan government has struck a deal with the Thai government to
import 100,000 metric tonnes of par boiled (Nadu) rice at US$ 425 a tonne but
deferred another shipment of white raw rice owing to its high price.
The
Ministry of Industry and Commerce said the total amount of rice to be imported
from Thailand, Pakistan, Myanmar and India now stands at 255,000 MT, from deals
with both foreign governments and private sector suppliers. Letters of
Agreement for the 100000 MT of par boiled rice from Bangkok are to be issued by
Colombo this week and shipping for it from Bangkok is to commence as soon as
Thai Attorney General’s office issues the go-ahead, a statement said. The Thai
supplier’s price before shipping for a kilo of rice is Sri Lankan Rs65.31 as of
July 18 rates. “Another 100,000 MT order
of white raw rice from Thailand was held back for the time being by Sri Lankan
officials due to comparatively higher Bangkok price viz-a-viz Myanmar’s quote
for the same,” the ministry said.
It
said Minister of Industry and Commerce Rishad Bathiudeen had also ordered rice
from Pakistan and Myanmar to make up for a shortfall in the island. Myanmar
government agreed to supply 30,000 MT white raw rice immediately at prices
ranging from US$ 290 per MT to $350 per MT.
The supplier’s price before shipping for a kilo of rice ranges from Rs
44.57 to Rs 53.80, as of July 18 rates, the ministry said. Myanmar also agreed to supply another tranche
of par boiled rice in September with the amount and price yet to be agreed.
Pakistan’s government is supplying 25,000 MT
of white raw rice immediately, subject to a final price quote and to supply
another 100,000 MT of par boiled rice in September with the final price to be
agreed on. Another 100,000 MT rice is to be purchased by the government of Sri
Lanka from India’s private sector suppliers immediately and Ministry of
Industry and Commerce officials are now in the process of collecting tender
bids for it. (COLOMBO, July 18, 2017)
http://www.economynext.com/Sri_Lanka_to_import_100,000_MT_of_rice_from_Thailand-3-8345-9.html
Heat-tolerant rice research wins
outstanding paper award
A PhilRice-led study titled Quantitative Trait Loci (QTL) for
high-temperature tolerance in rice (Oryza sativa L.) won the Outstanding
Scientific Paper Award during the 39th National Academy of Science
and Technology (NAST Phils) Annual Scientific Meeting held at Manila Hotel,
July 12-13.
Researchers of the study Dr. Norvie L. Manigbas
and Jupiter L. Grospe from PhilRice, and Evaristo A. Abella of the Central
Luzon State University identified nine QTLs containing the genes that can
counter the ill-effects of high temperature.
QTLs are sections of DNA containing the genes that control the trait.
These QTLs were found through the backcrossing
of Dular and NSIC Rc150 (Tubigan
9). Dular is an Indian heat-tolerant rice variety that has low yield
potential. Tubigan 9, on the other
hand, is a Philippine rice variety with an average yield of 8.5 t/ha but not
resistant to high temperature.
Six major QTLs, namely qHTfert1, qHTfert3, qHTfert4, qHTtof10, qHTdht3, and qHThd3, and three minor QTLs namely qHTdht4, qHTdht10, and qHTdht5
were identified.
According to PhilRice breeder Manigbas, these
QTLs will be used in mapping genes using molecular markers and incorporating
the genes into high-yielding cultivars through marker-assisted breeding.
Through this process, breeding new cultivars becomes faster.
“As of now, we do not have any heat-tolerant
rice varieties released in the country. Through this study, we’ve learned that
the heat-tolerant trait is associated to the plants’ heading days, time of
flowering, fertility, and dehiscent temperature – most of which are found in
the nine QTLs,” Manigbas explained.
Earlier studies have confirmed that high
temperature affects all growth stages of rice. However, it is from the booting
to flowering stage that rice is most sensitive to high temperature. Moreover,
temperature exceeding 35oC at flowering stage can cause high pollen
and grain sterility in rice. This leads to serious yield loss, low grain
quality, and low harvest index.
At present, six advanced promising lines are
currently being tested for multi-location trials in the National Cooperative
Test under high temperature environments.
NAST, under the Department of Science and
Technology, is the highest recognition and advisory body in matters related to
science and technology in the Philippines.
Unpolished pigmented rice, a healthier staple food – study
A PhilRice study found that
unpolished pigmented rice (red or black rice) has high phytochemical contents
and health-promoting properties making it a healthier alternative to white
rice.
In the study titled Healthier red and black rice: Not your
ordinary staple food, 45 red rice and 25 black rice varieties collected
from various provinces in the country were compared with white rice (Enolayan variety). They were
characterized in terms of proximate composition, phytonutrients, and
health-promoting components.
Results showed that pigmented rice
has higher amounts of crude protein, crude ash, crude fat, and crude fiber
compared with white rice.
According to PhilRice’ food
scientist Marissa Romero, one of the authors of the study, pigmented rice is
rich in antioxidants such as phenolic compounds, vitamin E derivatives, and
y-oryzanol. The unique color is determined by the amount of anthocyanin (also
an antioxidant) in the bran layers resulting in various shades of red and
black.
The researchers ranked Balatinaw with the highest anthocyanin
content among all the varieties collected.
To maximize the health benefits of
pigmented rice, Romero recommends that it should be consumed in its unpolished
form as phytochemicals are significantly lost during polishing.
The study also proved that
unpolished red and black rice are good genetic resource for the development of
modern varieties with good eating and nutritional qualities. They can also be promoted as functional foods
to help improve the health of Filipino consumers.
“Our country has rich diversity of
pigmented rice but their utilization as functional food has not been fully
explored owing to the limited information on their phytonutrients. We conducted
this research to help the public be more aware of the health benefits of
pigmented rice,” Romero said.
The study was authored by Romero,
Gerome Corpuz, and Henry Mamucod. It won 3rd place in the poster
competition during the 24th Federation of Crop Science Societies of
the Philippines Scientific Conference held in Iloilo City last June.
Rice stocks
rally, KRBL top gainer
Continuing their Tuesday’s upward run, rice stocks were
buzzing in the early morning trade on Wednesday, on the BSE. KRBL Ltd. was the
top gainer and was trading up by 6.40% at Rs 466.25.
Continuing their Tuesday’s upward run, rice stocks were
buzzing in the early morning trade on Wednesday, on the BSE. KRBL Ltd. was the
top gainer and was trading up by 6.40% at Rs 466.25. KRBL’s India Gate basmati rice is not
registered as a brand, hence it does not fall under the GST ambit, said the
company in an interaction with media.
Meanwhile, Kohinoor Foods Ltd. was trading at Rs 77.35, up by Rs 2.50 or
3.34% and LT Foods Ltd. was trading at Rs 71.90, up by Rs 1.35 or 1.91% as at
1031 hours on Wednesday, on the BSE.
Earlier, Basmati Rice was subject to VAT or was tax-free in some of the
states, however, it has now been included under the branded cereals category
and therefore subject to 5% GST.
http://www.indiainfoline.com/article/news-top-story/rice-stocks-rice-stocks-rallies-krbl-top-gainer-117071900354_1.html
APEDA invites
offers for crop survey for Basmati rice estimation, yield
The
Agricultural and Processed Food Products Export Development Authority (APEDA)
has invited offers for crop survey for estimation, assessment of acreage, crop
health and yield of Basmati rice. According to the notice issued by the
authority, the field-based survey will be carried out on the basis of a sample
group of farmers selected at the district level in seven geographical
indication (GI) states, viz Punjab, Haryana, Himachal Pradesh, Uttarakhand,
Delhi, Western Uttar Pradesh and two districts in Jammu and Kashmir.
“The
crop survey must be undertaken for estimation of crop area, crop health and
projection, estimate of production and for survey during two Kharif seasons (i
e Kharif 2017 and Kharif 2018) with detailed models and techniques to be used.
They are required to be submitted in two separate envelopes,” it added. The
offer should reach the APEDA office by 3pm on July 26, 2017. According to the
eligibility criteria, the bidding firm should have minimum five years of
experience to carry out field-based crop surveys undertaken for a trade body or
government organisation in India. The
field-based survey would cover acreage estimation of all varieties of rice -
Basmati, differentiated on the basis of traditional and evolved varieties, and
Sharbati and Sugandha variants of non-Basmati rice.
The
reports will be submitted on a district-level basis for each state. Said a
senior APEDA functionary, “Five reports will be submitted for the months of
August, September, October, November and December. The first report will be
submitted by August 31, 2017 and August 31, 2018 in the respective years.” “In
case of unusual weather conditions, pest attacks or disease outbreaks affecting
yields, a fortnightly report will be given during crop maturity time. The final
report will contain crop-cutting estimation data, the post-arrival, post-harvest
report in December and all statistics and maps,” said the official.
More bidders vying for NFA rice importation
July 18, 2017, 10:00 PM
By Madelaine B. Miraflor
Five more companies from Vietnam,
Thailand, and Singapore showed interest to place a bid in the
government-to-private (G2P) importation of 250,000 metric tons (MT) of rice,
which would help shore up Manila’s dwindling buffer stock even for seven days
only.
National Food Authority (NFA) Deputy
Administrator Tomas Escarez said there are now 16 prospective bidders for the
supply of 250,000 MT of rice with specification of 25-percent broken of long
grain and well-milled white rice.
Escarez told Business Bulletin that
as of Tuesday, Phan Min Investment Production Trading Services Co. Ltd., Hiep
Loi Food Jsc., Thuan Minh Import Export Corporation Vietnam, Wilmar Trading
Pte. Ltd., and Thai Capital Crops Company Limited have all formally expressed
intention to join the bidding. They will compete along with the first 11
firms who already bought the bid documents.
The total volume of imports will be
divided into 8 to 10 lots and a supplier can bid for only a maximum of 50,000
MT.
Delivery period for the imports has
been staggered from August to September 2017.
The exact bidding date is happening
on July 25 (Tuesday).
For this G2P deal, the NFA will only
purchase for $451 dollars per MT of rice, totaling to P5.6 billion.
“The NFA Council (NFAC) has
prescribed the open tender scheme to allow more private suppliers to
participate,” NFA said in a statement.
NFAC is composed of representatives
from various agencies such as the Office of the Cabinet Secretary (Chairman),
NFA (Vice Chairman), Bangko Sentral ng Pilipinas, Development Bank of the
Philippines (DBP), Land Bank of the Philippines (LBP), Department of Finance,
Department of Trade and Industry (DTI), National Economic and Development
Authority (NEDA), Office of the Executive Secretary, and Farmers Sector
Representative.
Tags: National Food Authority, NFA, Phan Min Investment Production Trading Services Co., Rice
Importation, Thuan Minh Import Export Corporation Vietnam, Tomas
Escarez, Vietnam, white
rice
http://business.mb.com.ph/2017/07/18/more-bidders-vying-for-nfa-rice-importation/
Sri Lanka offers
to purchase rice from Myanmar
By Chan Mya Htwe
| Tuesday, 18 July 2017
Sri Lanka has
offered to purchase 500,000 tonnes of high-quality rice from Myanmar through a
government-to-government contract, said U Aung Soe , director general of
Myanmar Trade Promotion Team under the Ministry of Commerce.
The offer to buy 200,000 tonnes of
parboiled rice and 300,000 tonnes of white rice was made last week. Parboiled
rice, or converted rice, is rice that has been partially boiled in the husk.
Each year, Myanmar exports between
1.5 million and 2 million tonnes of rice, according to the Myanmar Rice
Federation (MRF).Currently, Sri Lankan Ambassador Mr K.W.N.D. Karunaratne led
negotiations between the two governments for the rice purchase.Sri Lanka first
offered to purchase rice from Myanmar back in February. “They told they want to
buy 500,000 tonnes of rice. But after we told them each tonne of price was
US$285 we did not receive a reply,” said Dr Soe Tun, vice chair of the MRF.
Since then though, rice prices have
risen. The current market price is more than US$300 per tonne. “We are still
negotiating and have yet to decide on anything,” Dr Soe Tun said, adding that
Myanmar will only sell rice to Sri Lanka at market prices.
Myanmar previously exported rice
under a similar government-to-government contract in 2007-08, according to
Ministry of Commerce.According to the ministry’s figures, trade between Myanmar
and Sri Lanka in 2011-12 amounted to US$1.1 million, but later declined. In
2015-16, trade between the two countries rose to US$3.1 million.Under new
NLD-led government, trade between the two countries has rapidly increased,
hitting US$24.5 million in 2016-17. In the first two months of the current
fiscal year, trade between Sri Lanka and Myanmar amounted to US$5.3 million.
Translation by Zar Zar Soe
http://www.mmtimes.com/index.php/business/26853-sri-lanka-offers-to-purchase-rice-from-myanmar.html
Private
rice exporters can bid for Philippines shipments
Vietnamese private rice exporters
will be allowed to participate in the bidding for the supply contract of
250,000 tonnes of rice to Philippines on July 25.
Rice packs are loaded for export at
the Hau Giang Food Joint Stock Company
The announcement was made by the
Vietnam Food Association (VFA) while raising concerns over strict regulations
for the participants.According to the VFA, it is the first time that the
Philippines’ National Food Authority (NFA) will open bidding for private
suppliers from participating countries, instead of limiting the bidders to
government counterparts.
In previous years, NFA’s auctions
for rice were done through a government-to-government importation regime, where
state-run suppliers from Vietnam, Thailand and Cambodia were invited to
participate.However, requirements for private enterprises to be invited in the
bidding are quite strict and Vietnamese rice exporters do not have much
experience in executing procedures for the bidding, VFA said.
Those satisfying the requirements
would be allowed to bid and take full responsibility of the shipment. The
Vietnamese Government’s Decree 109/2010/ND-CP on rice trading and the Ministry
of Industry and Trade’s Circular 44 on guiding the implementation of the decree
will not be applied in these cases.The total volume of 25 percent broken long
grain well-milled white rice is expected to arrive between August and September
as requested by the NFA.
The imported volume is divided to
eight lots - six lots with 25,000 tonnes each and two lots with 50,000 tonnes
each.Prospective bidders may bid for any of the lots, provided that the bid
must be the minimum or maximum of the imported rice allocated per lot, but the
maximum quantity to be awarded per supplier must not be higher than 50,000
tonnes.Statistics from the Ministry of Agriculture and Rural Development
revealed that Philippines was the second largest importer of Vietnamese rice in
the first five months of the year with 8.6 percent of the market share.Rice
export to the market in the period reached 237,400 tonnes in volume and 90.4
million USD in value, representing a year-on-year increase of 23.4 percent and
10.4 percent, respectively.
Bangladesh in urgent call for Thai
rice
Bangladesh is in talks with Thailand
for an urgent purchase of 200,000 tonnes of rice to replenish their falling
stocks, says the Commerce Ministry's Department of Foreign Trade (DFT) of
Thailand.Sri Lanka is also in talks with the country for purchase of 200,000
tonnes of rice, according to a report by www.bangkokpost.com.
DFT deputy director-general Keerati
Rushchano said the two countries have been hit by severe droughts and flooding
in recent years, substantially damaging crop yields and forcing them to
approach Thailand, , which is not a regular supplier ."The countries need
to refill their stocks immediately so they are turning to Thailand, although
it's been a long time since they've bought significant quantities of Thai
rice," said Mr Keerati.
"Tentatively, they're asking
for prompt deliveries, with all rice being transferred 60 days after the deals
are sealed." Each country is seeking 200,000 tonnes of rice -- mostly
parboiled grade and common grade white rice. The benchmark common grade 5 per
cent white rice was quoted at US$410 (13,870 baht) a tonne, while parboiled 100
per cent grade white rice was $439 a tonne, said Thai Rice Exporters
Association.
Sri Lanka and Bangladesh normally
grow rice for domestic consumption, primarily supplementing their stocks from
neighbouring Pakistan and India when needed. Sri Lanka imported 280 tonnes of
Thai rice in 2016, while Bangladesh bought 151 tonnes, said the association.
Mr Keerati said the rice deals were
expected to be secured through government-to-government (G-to-G) contracts. But
Thailand's state rice stocks are running low, as the Commerce Ministry has
opened auctions to sell it off in recent years. There are only a few million
tonnes left, down from a record high of more than 18 million tonnes.
With diminished state stocks, the
G-to-G rice deals could mean private firms delivering the rice, he said. Traders
said Bangladesh is also approaching private Thai exporters to secure the best
price. With diminished state stocks, the G-to-G rice deals could mean private
firms delivering the rice, he said. Traders said Bangladesh is also approaching
private Thai exporters to secure the best price.
http://www.thefinancialexpress-bd.com/2017/07/17/77225/Bangladesh-in-urgent-call-for-Thai-rice
Bangladesh prods Thailand for
urgent purchase of 200,000 tonnes rice: Report
Published: 2017-07-17 22:43:30.0 BdST Updated: 2017-07-17
22:53:59.0 BdST
A soldier checks sacks of rice at
a warehouse in Ayutthaya province, north of Bangkok July 3, 2014. Reuters
Flood-hit Bangladesh is in talks with Thailand for an
urgent purchase of 200,000 tonnes of rice to refill its decreasing stock,
according to a report. The Department of Foreign Trade
(DFT) of the Thai commerce ministry says Bangladesh is seeking the rice within
60 days of sealing the deal, Bangkok Post reported on Monday.Sri Lanka is also
seeking the same quantity of rice within the same period."The countries
need to refill their stocks immediately so they are turning to Thailand,
although it's been a long time since they've bought significant quantities of
Thai rice," Bangkok Port quoted DFT Deputy Director-General Keerati
Rushchano as saying.
Each country is seeking mostly parboiled grade and common grade
white rice, the report said.Thai Rice Exporters Association said the benchmark
common grade 5 percent white rice was quoted at $410 per tonne, while parboiled
100 percent grade white rice was $439 a tonne, according to the report.A
Bangkok-based rice trader, requesting anonymity, told the Bangkok Post that
Bangladesh had asked for their rice price quotes to compare the prices offered
by the government and private firms.
The Bangladesh government has bought 250,000 tonnes of rice from
Vietnam under a government-to-government deal and the shipments are under way.The
purchase is part of a plan to buy 600,000 tonnes of rice under
government-to-government deals with Thailand, Vietnam and India, and through
tenders in order to tackle soaring prices.Rice prices hiked and state reserves
for the grain hit a six-year low recently after floods hit fields, potentially
wiping out hundreds of thousands of tonnes of crops.
http://bdnews24.com/business/2017/07/17/bangladesh-prods-thailand-for-urgent-purchase-of-200000-tonnes-rice-report
Rice price unlikely to drop despite import from Vietnam
Published at 01:12 AM July 18, 2017
The government
reserves some 500,000 to 600,000 tonnes of rice every year, while 3.4 million
tonnes are needed to feed the country in a single year
Rice traders have warned of continued high prices of the staple
food, saying fresh imports from Vietnam will have little effect “any time soon”
as they will not be distributed for Open Market Sale to the general public.A
total of 47,000 tonnes of rice have arrived at the Chittagong port in two
consignments in the past week. The first batch of 20,000 tonnes arrived on July
13 and has already been unloaded, while the second shipment of 27,000 tonnes
reached the port city on Monday.
Asked about the destination of the imported rice, Md Zahirul
Islam, controller, Movement and Storage, Chittagong Food Department, told the
Dhaka Tribune that the government is yet to take any decision in this regard.“It
is white rice, not the parboiled one so it could not be distributed only for
open markets,” he said. “It might go for rationing to the government employees,
or to flood-affected people.”
But after visiting different kitchen markets across the city on
Monday, the Dhaka Tribune found rice prices remains high with traders not
envisaging a drop for the next couple of months.
Amirul Islam, proprietor of Chatkhil Rice Agency at Karwanbazar
wholesale market in Dhaka, said there had been no change of rice price this
week.“I do not see the price come down soon; rather, we are worried over
whether the price shoots up in coming days,” he said.
“We sell coarse rice at Tk2,050, Minicate at Tk2,700, Paizom at
Tk2,100 and Brri-28 at Tk2,500 and Najir Shail at Tk30,000 per 50kg sack.Amirul
said the government cut in rice import duty to 18% from 28% had also failed to
rein in prices since the Indian government increased its export price by
Tk2-Tk3 per kg after the duty cut.
As the price of paddy has gone up in local market as well as
India’s hike in export price, there is hardly any possibility that the price
will drop soon.Usually, the government reserves some 500,000 to 600,000 tonnes
of rice every year, while 3.4 million tonnes are needed to feed the country in
a single year.A total of 165,000tonnes of rice are in reserve now. According to
the Food Ministry, the private sector imported 133,000 tonnes between July 1,
2016 and June 30, 2017, but the government did not make any imports during that
time.
Azad Mia, Azad Rice Agency, Mohammadpur, hailed the import from
Vietnam, but cast doubt on a possible price decrease anytime soon.“Around 6
lakh tonnes of rice needs to be reserved for the country while the current
amount is not enough,” he said.“However, the imported rice is not available in
the markets. We look forward to seeing when the price comes down (but) it will
take at least six months.”Bangladesh Rice Merchants Association Vice President
Zakir Hossain Rony said he expects the price of coarse rice to reduce by Tk35
and fine ones by Tk45, “but to no avail.”In total the government has purchased
200,000 tonnes of white rice at $430 per tonne and 50,000 tonnes of parboiled
rice at $470 per tonne from Vietnam to maintain immediate availability of stock
in the market, as well as reserves, according to the Food Ministry proposal.
http://www.dhakatribune.com/business/2017/07/18/rice-price-unlikely-drop-despite-import-vietnam/
Sri Lanka negotiates to purchase
500,000 MT of high-quality rice from Myanmar
Tue,
Jul 18, 2017, 10:04 am SL Time, ColomboPage News Desk, Sri Lanka.
However
since then rice prices have risen to more than US$ 300 per metric ton, the
official said."We are still negotiating and have yet to decide on
anything," Dr Soe Tun said, adding that Myanmar will only sell rice to Sri
Lanka at market prices.
A
four-member team Sri Lankan officials visited Pakistan and Myanmar earlier this
month to hold discussions to purchase rice.
Sri
Lankan officials have negotiated for lower prices than the prices first quoted
by both Pakistan and Myanmar officials. Officials of both countries have agreed
that such bargaining is acceptable and said shall submit Sri Lanka's bargained
price quotes to their respective Cabinets (of Ministers) for approval, to
complete the government to government sales, Sri Lankan Minister of Industry
and Commerce Rishad Bathiudeen said.
According
to the Myanmar Ministry of Commerce, trade between Myanmar and Sri Lanka in
2011-12 amounted to US$1.1 million, but later declined. In 2015-16, trade
between the two countries rose to US$3.1 million.
Under
new NLD-led government, trade between the two countries has rapidly increased,
hitting US$24.5 million in 2016-17. In the first two months of the current
fiscal year, trade between Sri Lanka and Myanmar amounted to US$5.3 million
Nagpur Foodgrain Prices Open- JUL 19, 2017
Nagpur Foodgrain Prices – APMC/Open Market-July 19
Nagpur, July 19 (Reuters) – Gram and tuar prices reported higher in Nagpur Agriculture Produce
and Marketing Committee (APMC) here on good buying support from local millers amid weak supply
from producing regions because of heavy rains. Notable hike in Madhya Pradesh gram prices also
boosted sentiment.
About 600 of gram and 300 bags of tuar were available for auctions, according to sources.
FOODGRAINS & PULSES
GRAM
* Gram varieties ruled steady in open market here but demand was poor.
TUAR
* Tuar gavarani reported down in open market on lack of demand from local traders amid
good supply from producing regions.
* Wheat mill quality reported higher in open market here on increased demand from
local traders amid thin arrival from producing regions.
* In Akola, Tuar New – 3,900-3,975, Tuar dal (clean) – 5,500-5,700, Udid Mogar (clean)
– 7,200-8,200, Moong Mogar (clean) 6,500-7,200, Gram – 5,300-5,450, Gram Super best
– 7,200-8,000
* Other varieties of wheat, rice and other commodities moved in a narrow range in
scattered deals and settled at last levels in thin trading activity.
Nagpur foodgrains APMC auction/open-market prices in rupees for 100 kg
FOODGRAINS Available prices Previous close
Gram Auction 4,600-5,220 4,550-5,180
Gram Pink Auction n.a. 2,100-2,600
Tuar Auction 3,450-3,810 3,450-3,700
Moong Auction n.a. 3,900-4,200
Udid Auction n.a. 4,300-4,500
Masoor Auction n.a. 2,600-2,800
Wheat Mill quality Auction 1,550-1,690 1,550-1,674
Gram Super Best Bold 7,500-8,000 7,500-8,000
Gram Super Best n.a. n.a.
Gram Medium Best 6,700-7,000 6,700-7,000
Gram Dal Medium n.a. n.a
Gram Mill Quality 5,300-5,400 5,300-5,400
Desi gram Raw 5,500-5,600 5,500-5,600
Gram Yellow 7,100-8,100 7,100-8,100
Gram Kabuli 12,300-13,400 12,300-13,400
Tuar Fataka Best-New 5,800-6,000 5,800-6,000
Tuar Fataka Medium-New 5,400-5,600 5,400-5,600
Tuar Dal Best Phod-New 5,200-5,500 5,200-5,500
Tuar Dal Medium phod-New 4,800-5,100 4,800-5,100
Tuar Gavarani New 3,900-4,000 3,950-4,050
Tuar Karnataka 4,000-4,100 4,000-4,100
Masoor dal best 4,800-5,000 4,800-5,000
Masoor dal medium 4,600-4,700 4,600-4,700
Masoor n.a. n.a.
Moong Mogar bold (New) 6,800-7,500 6,800-7,500
Moong Mogar Medium 6,200-6,500 6,200-6,500
Moong dal Chilka 5,500-6,300 5,500-6,300
Moong Mill quality n.a. n.a.
Moong Chamki best 6,500-7,500 6,500-7,500
Udid Mogar best (100 INR/KG) (New) 7,500-8,500 7,500-8,500
Udid Mogar Medium (100 INR/KG) 6,800-7,200 6,800-7,200
Udid Dal Black (100 INR/KG) 4,400-4,900 4,400-4,900
Batri dal (100 INR/KG) 4,500-5,000 4,500-5,000
Lakhodi dal (100 INR/kg) 2,850-3,050 2,850-3,050
Watana Dal (100 INR/KG) 2,850-3,000 2,850-2,950
Watana White (100 INR/KG) 3,500-3,700 3,500-3,700
Watana Green Best (100 INR/KG) 4,100-4,600 4,100-4,600
Wheat 308 (100 INR/KG) 1,900-2,000 1,900-2,000
Wheat Mill quality (100 INR/KG) 1,750-1,850 1,700-1,800
Wheat Filter (100 INR/KG) 2,100-2,300 2,100-2,300
Wheat Lokwan new (100 INR/KG) 1,900-2,100 1,900-2,100
Wheat Lokwan best (100 INR/KG) 2,100-2,350 2,100-2,350
Wheat Lokwan medium (100 INR/KG) 1,900-2,050 1,900-2,050
Lokwan Hath Binar (100 INR/KG) n.a. n.a.
MP Sharbati Best (100 INR/KG) 3,000-3,600 3,000-3,600
MP Sharbati Medium (100 INR/KG) 2,200-2,700 2,200-2,700
Rice BPT new (100 INR/KG) 2,700-3,300 2,800-3,400
Rice BPT best (100 INR/KG) 3,300-3,500 3,300-3,500
Rice BPT medium (100 INR/KG) 3,000-3,100 3,000-3,100
Rice Luchai (100 INR/KG) 2,500-2,800 2,500-2,800
Rice Swarna new (100 INR/KG) 2,300-2,400 2,300-2,400
Rice Swarna best (100 INR/KG) 2,500-2,650 2,500-2,650
Rice Swarna medium (100 INR/KG) 2,300-2,400 2,300-2,400
Rice HMT New (100 INR/KG) 3,600-4,000 3,600-4,000
Rice HMT best (100 INR/KG) 4,500-5,000 4,500-5,000
Rice HMT medium (100 INR/KG) 4,100-4,300 4,100-4,300
Rice Shriram New(100 INR/KG) 4,800-5,500 4,800-5,500
Rice Shriram best 100 INR/KG) 6,500-6,800 6,500-6,800
Rice Shriram med (100 INR/KG) 5,800-6,200 5,800-6,200
Rice Basmati best (100 INR/KG) 10,000-13,500 10,000-13,500
Rice Basmati Medium (100 INR/KG) 5,000-7,500 5,000-7,500
Rice Chinnor New(100 INR/KG) 4,600-5,000 4,600-5,000
Rice Chinnor best 100 INR/KG) 5,800-6,000 5,800-6,000
Rice Chinnor medium (100 INR/KG) 5,400-5,600 5,400-5,600
Jowar Gavarani (100 INR/KG) 1,900-2,200 1,900-2,200
Jowar CH-5 (100 INR/KG) 1,800-1,900 1,800-1,900
WEATHER (NAGPUR)
Maximum temp. 31.6 degree Celsius, minimum temp. 22.7 degree Celsius
Rainfall : 24.7 mm
FORECAST: Generally cloudy sky with few spells of rains or thunder-showers. Maximum and minimumtemperature would be around and 31 and 23 degree Celsius respectively.
Note: n.a.--not available
(For oils, transport costs are excluded from plant delivery prices, butincluded in market prices)
http://in.reuters.com/article/nagpur-foodgrain-idINL3N1KA2YJ
Production, Says Senate President
By Damilola Oyedele
Abuja — The President of the Senate, Dr. Bukola Saraki has
cautioned that unless smuggling is tamed by relevant authorities, it would make
a waste of the over $7 billion invested by the government to stimulate local
production of rice in the last 10 years.
He also noted that smuggling
would impede efforts to diversify the economy from oil, and remain a threat to
all economic policies intended to boost national development.
Saraki said these while
delivering the opening address on Monday, at the public hearing to tackle
smuggling by the Senate Committee on Customs, Excise and Tariffs, where he
urged stakeholders to come up with recommendations that could save the nation
from impending crises posed by the scourge.
He noted that some of the treaties
and agreements signed with ECOWAS, jeopardise Nigeria's economic policies.
"The level of smuggling that
we are seeing cannot continue because they will definitely rubbish all the
policies of government if allowed to go on. Today, the greatest threat to small
holder farmers is smuggling. Rice farmers who have gone to take loans either
from the CBN (Central Bank of Nigeria) or from commercial banks are being
threatened by rice coming in from across the borders at highly subsidised
rate," he said.
http://allafrica.com/stories/201707180022.html
Mannachanallur
rice mills struggle to sustain operation
JULY 17, 2017 20:23 IST
Declining paddy arrivals due to the
drought conditions has caused a perceptible downslide in milling activities in
Mannachanallur town that is famous for its Ponni variety of rice.
Most of the about 40 mills in the
town witnessed manufacturing activities for only three to four months in a year
during 2015 and 2016. Even to ensure this, the mills, according to local
sources, were constrained to purchase paddy from Karnataka and Andhra Pradesh.
The predicament of the member units
of Mannachanallur Rice Mill Owners’ Association is not getting any better this
year. Though the rice mills in the town have embraced modernisation over the
last decade, the competition they face from the millers in Karnataka and Andhra
Pradesh is rather tough, members said.
Top quality paddy varieties produced
in these States are procured by the mills there, and only the second quality is
brought here for processing. The mills in the other States are also better
placed in terms of operating efficiency. With capacities to process 50 to 60
tonnes a day, the mills are able to produce and sell the rice at lower prices
when compared to the millers in Mannachanallur where the capacities of the
manufacturing units have capacities are much lower in the range of 10 to 15
tonnes.
The industry is also
labour-intensive, particularly in conventional rice mills where cleaning,
drying, grading and polishing activities are carried out manually. Manpower
requirement is rather high since the overall operation in rice milling unit
encompass cleaning to remove impurities; separation of small stones from paddy;
parboiling to improve nutritional quality; husk removal; husk aspiration; paddy
separation; whitening by removal of bran layer; polishing the exterior of
milled kernel; length grading of broken and full rice; and finally packaging
it.
http://www.thehindu.com/news/cities/Tiruchirapalli/rice/article19296912.ece
Researchers deliver results at Wagga
rice symposium
Chris Blanchard
BOOSTING profits by enhancing rice quality was at the centre of
a rice industry symposium in Wagga this week.
It was a chance for those at the coalface of the industry to
learn about the latest developments in scientific research.
Rice cracking – or breaking down of the grain – is one
of the banes of the industry and can reduce returns to the grower.
New work outlined by NSW Department of Primary Industries
researcher Dr Mark Talbot of Yanco promises to help growers identify a
percentage of “cracked” rice.
He said the automation of this was needed specifically for rice
destined for “puffing” which is used in breakfast cereals or sushi rice.
“If you have a cracked grain of rice it doesn’t puff properly
… this is potentially a problem that affects the whole supply
chain.”
The event was hosted by the Functional Grains Centre and the
centre’s director, Professor Chris Blanchard said it was an opportunity to
bring members of the industry together to learn about new research.
“This is the first time we have got all of the industry players
together in a grain-quality space, we quite often bring people together in the
production space,” Professor Blanchard said.
He said there was a surprising amount of research related to the
rice industry being conducted in the southern NSW region. The symposium
highlighted a number of rice industry inroads including research into
coloured rice and also the health benefits of the grain.
“The aim was to bring together stakeholders including
growers, processors and scientists to highlight current projects to improve
rice quality and to develop a plan for future investment in research and
development,” he said.
The symposium also heard from the Australian Farm
Institute’s general manager research Richard Heath and NSW Trade and
Investment senior export adviser Mr Wayne Murphy.
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