Daily Exclusive
ORYZA Rice E-Newsletter
Daily Exclusive ORYZA Rice E-Newsletter 2015 www.ricepluss.com www.riceplusmagazine.blogspot.com June 2 ,2015 Vol 5,Issue VI
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Contact: Mujahid Ali mujahid.riceplus@gmail.com www.ricepluss.com & www.riceplusmagazine.blogspot.com
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Daily Exclusive ORYZA Rice E-Newsletter 2015
Global Rice Quotes June 1st, 2015
Long grain white rice - high quality Thailand 100% B grade 375-385
↔
Vietnam 5% broken
350-360
↔
India 5% broken
370-380
↔
Pakistan 5% broken
395-405
↓
Myanmar 5% broken
420-430
↔
Cambodia 5% broken
430-440
↔
U.S. 4% broken 465-475
↔
Uruguay 5% broken
565-575
↔
Argentina 5% broken
555-565
↔
Long grain white rice - low quality Thailand 25% broken
350-360
↔
Vietnam 25% broken
325-335
↔
Pakistan 25% broken
350-360
↓
Cambodia 25% broken 410-420
↔
India 25% broken
350-360
↑
U.S. 15% broken
455-465
↔
Long grain parboiled rice
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Daily Exclusive ORYZA Rice E-Newsletter 2015 Thailand parboiled 100% stxd
365-375
Pakistan parboiled 5% broken stxd
↔
410-420
India parboiled 5% broken stxd 350-360
↔
U.S. parboiled 4% broken
555-565
↔
Brazil parboiled 5% broken
570-580
↔
Uruguay parboiled 5% broken NQ
↓
↔
Long grain fragrant rice Thailand Hommali 92% 845-855
↔
Vietnam Jasmine
↔
470-480
India basmati 2% broken
NQ
↔
Pakistan basmati 2% broken
NQ
↔
Cambodia Phka Mails
815-825
↔
315-325
↔
Vietnam 100% broken 310-320
↔
Brokens Thailand A1 Super
Pakistan 100% broken stxd Cambodia A1 Super
305-315
350-360
↔
India 100% broken stxd 280-290
↑
Egypt medium grain brokens
NQ
↔
U.S. pet food
↔
365-375
Brazil half grain NQ
↔
↔
All prices USD per ton, FOB vessel, oryza.com
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Daily Exclusive ORYZA Rice E-Newsletter 2015
Oryza U.S. Rough Rice Recap - Offers Increase with Futures but Trade Remains Dormant Jun 01, 2015
The U.S. cash market was slightly firmer today with offers increasing with the futures market while bids stayed flat, and as a result there were little to no trades to report.Analysts note that bids from mills continue to outpace bids on the river as export demand remains tepid with buyers remaining hand to mouth throughout the entire marketing year.
India Rice Sellers Increase Some of Their Quotes; Pakistan Rice Sellers Lower Most of Their Quotes Today Jun 01, 2015
India rice sellers increased their quotes for 25% broken rice and 100% broken rice by about $5 per ton each to around $350-$360 per ton and $280-$290 per ton respectively today. Pakistan rice sellers lowered most of their quotes by about $5-$10 per ton. Vietnam rice sellers kept their quotes mostly unchanged today. Thailand rice sellers are out today due to a public holiday. 5% Broken Rice Thailand 5% rice was last indicated at around $365 - $375 per ton, about a $15 per ton premium on Vietnam 5% rice shown at around $350 - $360 per ton. India 5% rice is indicated at around $370 - $380 per ton, about a $25 per ton discount to Pakistan 5% rice shown at around $395 $405 per ton, down about a $10 per ton from Friday. 25% Broken Rice Thailand 25% rice was last shown at around $350 - $360 per ton, about a $25 per ton premium on Vietnam 25% rice shown at around $325- $335 per ton. India 25% rice is indicated at around
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Daily Exclusive ORYZA Rice E-Newsletter 2015 $350 - $360, up about a $5 per ton from Friday and on par with Pakistan 25% rice shown at around $350 - $360 per ton, down about a $10 per ton from Friday. Parboiled Rice Thailand parboiled rice was last indicated at around $365 - $375 per ton. India parboiled rice is indicated at around $350 - $360 per ton, about a $60 per ton discount to Pakistan parboiled rice shown at around $410 - $420 per ton, down about a $5 per ton from Friday. 100% Broken Rice Thailand broken rice, A1 Super, was last indicated at around $315 - $325 per ton, about a $5 per ton premium on Vietnam 100% broken rice shown at around $310 - $320 per ton. India's 100% broken rice is shown at around $280 - $290 per ton, up about a $5 per ton from Friday and about a $25 per ton discount to Pakistan broken sortexed rice shown at around $305 - $315 per ton.
Vietnam Exports 1.875 Million Tons of Rice During January 1 – May 25, 2015 Jun 01, 2015
Vietnam exported around 1.875 million tons of rice during January 1 - May 25, 2015, down about 20% from around 2.34 million tons of rice exported in first five months of 2014, according
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Daily Exclusive ORYZA Rice E-Newsletter 2015 to data from the Vietnam Food Association (VFA). Average rice export price so far in this year stands at around $419 per ton (FOB), down about 3% per ton from around $433 per ton recorded during same last year.During May 1-25, 2015, Vietnam exported around 319,513 tons of rice, down about 45% from around 585,536 tons rice exported in full month of May 2014, and down about 51% from around 650,507 tons rice exported in full month of April 2015. Average export prices so far in May stands at around $418 per ton, down about 2% per ton from a year ago, and up about 1% per ton from a month ago.
Pakistan Rice Acreage and Production May Decline in 2015-16 Due to Low Prices, Says Farmers' Representative Jun 01, 2015
The Secretary of a Pakistan rice farmers association has expressed concern that last year's low rice prices coupled with increasing power shortages may discourage farmers from cultivating www.ricepluss.com & www.riceplusmagazine.blogspot.com
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Daily Exclusive ORYZA Rice E-Newsletter 2015 paddy in 2015-16 (July - June), according to local sources.He told local sources that last year, the price of super basmati rice declined about 30% to around Rs.1,400 per 40 kilograms (around $343 per ton) from around Rs.2,000 per 40 kilograms (around $490 per ton) in 2013-14. imilarly, the price of Irri rice declined about 33% to around Rs.800 per kilograms (around $196 per ton) from around Rs.1,200 per 40 kilograms (around $294 per ton) in 2013-14. The Secretary also noted that they are also expecting huge water shortages in the coming year due to increasing power shortages and expected hot summer. Tube wells will not run to their full capacity and rice needs three times more water than other crops, he adds.Saying the production costs are too high, he urged the government to consider reducing the prices of agricultural inputs like fertilizers, pesticides and petroleum products to help farmers. He also urged the government to frame strategies to boost exports.Some farmers noted that the government has so far not paid them the compensation package of Rs.5,000 per acre (around $123 per hectare) promised last year to cope up with the falling global rice prices. They urged the government to release the funds at the earliest. USDA estimates Pakistan's MY 2014-15 (November - October) milled rice production at around 6.9 million tons (around 10.35 million tons, basis paddy). It estimated Pakistan's MY 2015-16 milled rice production to remain unchanged at 6.9 million tons.Last month, Pakistan's Federal Committee on Agriculture (FCA) is targeting to produce 7 million tons, basis milled, (around 10.35 million tons, basis paddy) from an area of around 2.8 million hectares in 2015.
Vietnam Increases Floor Price of Lower Quality Rice Exports Ahead of Philippines Tender Jun 01, 2015
Vietnam has increased the floor price (minimum export price, MEP) of its lower quality (25% broken) rice exports by about 3% to around $350 per ton from around $340 per ton ahead of the Philippines tender on June 5, 2015, according to Reuters.The new MEP will reportedly be effective from June 1, 2015. "This is a short-term floor as Vietnam prepares for the rice tender in the Philippines," a trader was quoted as saying.The Philippines National Food Authority (NFA) has called for tenders from Vietnam, Thailand and Cambodia for the 250,000 tons 25% broken well-milled long-grain rice, with delivery expected between July and August, to replenish stocks during the lean season (July - September) as well as prevent commercial rice price hikes.
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Daily Exclusive ORYZA Rice E-Newsletter 2015
The South-East Asian nation lowered the floor price of the 25% broken rice exports to $340 per ton from $350 per ton on April 28, 2015 due to subdued demand from importers.Vietnam exported 2.52 million tons of rice in the first five months of 2015, down about 7.4% from last year, according to government data.
Vietnam Exports 1.875 Million Tons of Rice During January 1 – May 25, 2015 www.ricepluss.com & www.riceplusmagazine.blogspot.com
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Daily Exclusive ORYZA Rice E-Newsletter 2015
Jun 01, 2015
Vietnam exported around 1.875 million tons of rice during January 1 - May 25, 2015, down about 20% from around 2.34 million tons of rice exported in first five months of 2014, according to data from the Vietnam Food Association (VFA). Average rice export price so far in this year stands at around $419 per ton (FOB), down about 3% per ton from around $433 per ton recorded during same last year.During May 1-25, 2015, Vietnam exported around 319,513 tons of rice, down about 45% from around 585,536 tons rice exported in full month of May 2014, and down about 51% from around 650,507 tons rice exported in full month of April 2015. Average export prices so far in May stands at around $418 per ton, down about 2% per ton from a year ago, and up about 1% per ton from a month ago. www.ricepluss.com & www.riceplusmagazine.blogspot.com
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