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4th june,2014 daily exclusive oryza e newsletter by riceplus magazine

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4th June, 2014

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TOP Contents - Tailored for YOU Latest News Headlines‌

Europe Paddy Rice Quotes Mostly Soften from Previous Week Jun 03, 2014

European paddy quotes in the week May 20 - 27 showed some small movements, mostly decreasing from the previous week, according to data from the European Union. The only quote to increase from the previous week is milled Japonica Romanian rice. SPAIN - Japonica paddy was unchanged at 285 euros (about $388) per ton over the last month, while Indica paddy was quoted 279 euros (about $ 380) per ton on May 27. There were no quotations the week before. Milled Japonica rice quotes are firm at 542 euros (about $738) per ton over the month prior. PORTUGAL - No price quotes are available for Long A or Long B paddy, or milled rice. GREECE – Quotations are unchanged: medium grain paddy is shown at 400 euros (about $545) per ton. Long grain paddy is stable at 450 euros (about $613) per ton and Indica paddy is firm at 235 euros (about $320) per ton. There are no quotations for milled rice. ROMANIA - Japonica paddy prices on May 27 were shown slightly down at 329 euros (about $448) per ton, down 4 euros (about $5.4) per ton from 333 euros (about $453) per ton on May 20. Indica paddy quotes decreased from 301 euros (about $ 410) per ton on May 20 to 293 euros (about $ 399) per ton on May 27. As for milled rice, Japonica quotes went slightly up: they were fixed at 699 euros (about $ 952) per ton on 20 May, and went up to 702 euros (about $ 956) per ton on May 27. Indica milled quotes went down of more than 100 euros (about $ 136) to 614 euros (about $ 836) per ton on May 27, starting from 719 euros (about $ 979) per ton on May 20. BULGARIA - Japonica paddy quotations have remained firm at 276 euros (about $ 376) per ton. Japonica milled rice indications remained unchanged from a week prior, at 814 euros (about $1,109) per ton. This latter quotation has significantly increased starting from 544 euros (about $ 745) per ton of April 29.

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FRANCE - New quotations for milled rice returned after some weeks of no indications available. Round milled rice was shown at 455 euros (about $ 620) per ton on May 20, and went slightly down to 450 euros (about $ 613) per ton on May 27. Long A is firm at 610 euros (about $ 831) per ton, and Long B at 470 euros (about $ 640) per ton, both unchanged over the week. Tags: european rice prices, europe paddy prices, europe paddy quotes, europe rice quotes

Oryza U.S. Rough Rice Recap - Steep Drop in Futures Market Leads to Decreasing Price Ideas Jun 03, 2014

The U.S. cash market was slightly weaker today as both buyer and seller price ideas decreased in tandem with the futures market.As of today, old crop offers decreased slightly to around $16.25 per cwt fob farm (about $358 per ton) for June shipment. However, sellers are still looking for at least $16.66 per cwt fob farm (about $367 per ton) for July and August shipment.Bids from most larger mills decreased today to around $14.35 per cwt (about $316 per ton) for June delivery while bids for exporters and smaller mills decreased to around $15.80 per cwt (about $348 per ton), for the same delivery period, and there were reports of rice trading around $15.90 per cwt (about $351 per ton) for prompt delivery. Tags: U.S. rice prices; U.S. rice market

Oryza Rice Currency Analysis for Today – Thailand Baht Rallies 0.7% Jun 03, 2014

U.S. dollar index was down -0.10% from the open today, when it traded at 80.558 at the close. Euro was stronger +0.21% by the close, trading around 1.3626 by end of day, after trading between an intraday high of 1.3648 and low of 1.3588.

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Thai baht was stronger +0.70%, trading at 32.613 at the close of business. Indian rupee was weaker -0.39% at 59.3900. Brazilian real was weaker -0.02% at the close of trading today, trading at 2.2772 reais per dollar. Pakistan rupee was -0.05% weaker at 98.6247. Vietnamese dong was weaker -0.19% at 21215. Mexican peso was weaker -0.19% today, when it traded at 12.9357 pesos per dollar by the close of business. Chinese yuan was weaker -0.10% at 6.2544. Argentine peso was weaker -0.13% at 8.0944 pesos per dollar. Tags: foreign exchange rates, rice currencies, Global rice trade

Oryza Afternoon Recap - Chicago Rough Rice Futures Continue to Take Pounding as Bearishness Persists; Old Crop Prices Near $14.500 for First Time Jun 03, 2014

Chicago rough rice futures for Jul delivery settled 31.5 cents per cwt (about $7 per ton) lower at $14.550 per cwt (about $321 per ton). Rough rice futures suffered through another round of selling as the bears continue to pound prices lower. The old crop July futures have now fallen to just a nearly 41.5 cent per cwt (about $9 per ton) premium to the September, after trading to as high as $1.40 per cwt (about $31 per ton) over the past months. Technically the market has become oversold and prices continue to put in fresh contract lows. The question now becomes at what level does the market spur opportunistic buying interest on the part of commercials and thus put in a floor below the market. The other grains finished the day sharply lower as well; soybeans closed about 1.3% lower at $14.8125 per bushel; wheat about 1.3% lower at $6.1250 per bushel, and corn finished the day about 1.6% lower at $4.5825 per bushel. U.S. stocks held their losses across the board Tuesday as investors seemed to take a breather a day after the Dow and S&P 500 hit all-time highs. The Dow Jones Industrial Average was in the red. The blue-chip index has been trading in a narrow 47-point range. The S&P 500 and the Nasdaq also slipped. Among key S&P sectors, telecoms led the laggards. On Monday, both the Dow and S&P 500 squeezed out modest gains to close at fresh highs. Stocks briefly pared their losses after a better-than-expected factory orders report. New orders for

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factory goods climbed 0.7% in April, rising for a third-straight month and topping expectations for 0.5%. Investors will be looking ahead to the monthly nonfarm payrolls report on Friday. Economists expect to see 218,000 jobs added in May and a 6.4% unemployment rate, according to a Reuters poll. Gold is trading about 0.1% higher, crude oil is seen trading about 0.3% higher, and the U.S. dollar is seen trading about 0.1% lower at about 1:00pm Chicago time.Monday, there were 1,819 contracts traded, up from 1,753 contracts traded on Friday. Open interest – the number of contracts outstanding – on Monday increased by 107 contracts to 8,214. Tags: U.S. rice prices; U.S. rice market; Chicago rough rice futures

Italy CAP Funds Unlikely to Encourage Rice Production Growth; Asian Imports to Fill Demand Gap Jun 03, 2014

Under a new agreement between the Italian state and regions, 22.6 billion euros (about $30.7 billion) of European funds from the new Common Agricultural Policy (CAP) will be available for Italian rice growers next year. CAP payments were originally proposed by the agriculture ministry and increased by two billion euros (about $2.7 billions).While at first glance assistance appears to be rising for the rice farmers, in reality there seems to be little difference and the policy is unlikely to spur increased production.The price assistance per hectare is higher, but the assisted acreage is being constructed below what is likely to be farmed. Thus, it could be argued that the Italian government seems to be willing to support limited production only, suggesting that any rise in EU rice demand is likely be met by cheaper Asian imports.While the maximum payment will reach 125 euros ( about $170) per hectare, the admitted acreage is fixed as 180,000 hectares. This is less than 220,000 hectares actually farmed in Italy. Thus, the actual coupled premium on farmed land should be equivalent to around 100 euros (about $136) per hectare. Tags: Italy, CAP

Rice Grains Replace Expensive Cold Storage in Vaccine Delivery Jun 03, 2014

A team of scientists at the University of Tokyo are trying to convert rice into a cheap storage and effective delivery vehicle for drugs that can treat cholera and infant diarrhoea. Currently, the medicines used to treat the diseases require refrigeration until it is used.Using rice, the vaccines designed by Yoshikazu Yuki and his team can be easily stocked without the need for cold storage, for three years at room temperature. The rice is ground into a paste, mixed with a glass of water and drunk to treat the ailment.

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The team said that it could be a decade before the rice vaccine becomes a reality.The team immunized an animal against rotavirus infection to study its DNA and then engineered a strain of Nihonbare rice with the same DNA blueprint to produce rice with high antibody content. The first phase of trials should be completed within two years, and could be followed by several years of larger trials in a country such as Bangladesh, researchers said. Since the vaccines are plant-based, it would be affordable to all. The Bill & Melinda Gates Foundation evinced interest in the cholera vaccine which may eventually cost about $10 to $20 for a treatment comprising three doses of about three grams each. The cholera vaccine would feature 10 to 20 grams of the rice grains which are pounded to a powder, dissolved in water and swallowed. Tags: Rice, vaccine, cholera, medicine

Copa-Cogeca Forecasts EU Milled Rice Imports to Increase 2% and Exports to Decline 7% in 2013-14 Amid Declining Production Jun 03, 2014

Committee of Professional Agricultural Organisations (Copa) - General Confederation of Agricultural Cooperatives (Cogeca), representative of farmers and farmer cooperatives in the European Union (EU), has forecasted EU’s milled rice imports to increase to 950,000 tons, up about 2% from about 928,000 tons imported in 2012-13 due to an expected decline in milled rice production during the year. The EU imports nearly 20% of its rice from from Cambodia, 16.6% from Thailand and 15.9% from India, according to Copa-Cogeca.In the report titled "Highlights Commodities and Trade -The Outlook for EU Agricultural markets in 2014”, Copa-Cogeca forecasted EU’s milled rice exports to decline to about 170,000 tons in 2013-14, down about 7% from about 182,000 tons exported in 2012-13.Copa-Cogeca forecasted EU milled rice production to decline to about 1.6 million tons in 2013-14, down about 11% from about 1.8 million tons produced in 2012-13 due to expected decline in rice planting area as well as increasing production costs and lack of effective alternate Public-Private Partnerships (PPPs) in agriculture. The agency estimates the EU total rice planting area at about 420,000 hectares in 2013-14, down about 10% from about 467,000 hectares planted in 2012-13. However, it expects the EU rice planting area to remain stable in 2014-15 reflecting more or less similar level of production. It also estimates EU’s closing stocks in 2013-14 to be very low. Tags: European Union, EU rice production, EU rice exports

Italy Begins Drive to Save Historical Rice Varieties

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Jun 03, 2014

Italy is beginning a drive to save the genes of thousands of historical rice varieties by continuing to grow them to avoid degeneration, according to local sources.Historical rice varieties such as Maratelli one, Vialone Nero, Bertone and Chinese Originario, existed some one- and- half centuries earlier and are considered to be the origin for many of the latest rice varieties such as Vialone Nano presently grown in Italy.Genes of nearly 1,300 old generation domestic rice varieties dating back to 1860 have been preserved in the gene bank of Italy's Ente Nazionale Risi, the National agency for rice, and are considered to be safe there. However, scientists say the genes remain germinable only when they are replanted from time to time. Based on scientists' recommendation, Italy is planning to re-grow some older rice varieties so that their genes become active again. It is one way of preserving historical varieties as well as making them usable for further research.Italy is the largest rice producer and exporter in Europe, and Italian rice producers are known for using premium rice varieties that are popular among health conscious connoisseurs. According to official data from the Italian Ministry of Agriculture, Italy's milled rice production stood at around 1.6 million tons in 2013 from 250,000 hectares of planted area.Italy's exports to various destinations have been increasing over the last few years. Italy's exports to Britain increased by 4% in 2013, while those to destinations outside the European Union (EU) increased by about 19% over the exports in 2012. Turkey accounted for about 139% increase and Russia accounted for 47% increase among non-EU countries. Tags: italy rice production, italy rice exports, Historical rice varieties

Cambodia Exports 148,262 Tons of Rice January-May, 2014; Up 1% from Last Year Jun 03, 2014

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Cambodi a exported about 148,262 tons of rice in first five months of calendar year 2014, up about 1% from about 146,854 tons rice exported in the same period last year, according to data from the Secretaria t of One Window Service of Rice Export Formality (SOWSREF). In May 2014, Cambodi a exported

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about 27,971 tons of rice, down about 1% from about 28,350 tons of rice exported in May 2013 and down about 22% from about 35,961 tons of rice exported in April 2014. During the month of May, Cambodia exported mainly long grain white rice (about 14,142 tons), Jasmine rice (about 8,687 tons) and long grain parboiled rice (about 1,526 tons).European nations, Malaysia, and China remain the main rice export destinations for Cambodian rice so far this year. Tags: Cambodia rice exports, asia rice trade, China rice imports, EU rice imports, Malaysia Rice Imports

Thailand Exports 2.9 Million Tons of Rice in First Four Months of 2014; Up 45% from Last Year Jun 03, 2014

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Thailand has exported about 2.9 million tons of rice in the first four months of 2014, up about 45% from about 1.985 million tons exported during the same period in 2013, according to data from Thai Rice Exporters Association (TREA). Thailand has earned about $1.5 billion from rice exports in January - April 2014, up about 10% from about $1.4 billion earned during the same period in 2013. In April 2014, Thailand exported 737,648 tons of rice, down about 8% from about 799,648 tons exported in March 2014; and up about 66% from about 445,353 tons exported in April 2013. Of the total April sales, white rice accounted for about 313,311 tons (about 42% of total April exports), Hom Mali rice accounted for about 93,863 tons (about 13% of total April exports), brokens accounted for 104,809 tons (about 14% of total April exports), glutinous variety accounted for 10,737 tons (about 1.5% of total April exports), parboiled rice accounted for about 197,869 tons (about 27% of

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total April exports) and husked (brown) rice accounted for about 17,059 tons (about 2% of total April exports). Thailand's April 2014 exports earned $353.7 million, down about 11% from about $395.68 million earned in March 2014; and up about 12.5% from about $314.4 million earned in April 2013. In April 2014, average export prices of all varieties of increased over those in March 2014. Tags: Thailand rice exports, Thai Hom Mali Rice, Thai broken rice

White Rice More Popular Than Healthier Brown Rice Jun 03, 2014

Over 2 billion people, that is nearly one-third the world’s population, suffers from anemia (or iron deficiency) and this particularly widespread in countries where rice is the staple food, according to a research at the International Rice Research Institute (IRRI), Philippines.Most rice consumers prefer white rice to the healthier, unpolished and half-milled rice varieties although polished rice lacks nutrients that are present in the outer (bran) and inner (germ) layers, which are thrown away in the refining process. Among the nutrients that are taken away along with the bran layers during milling include magnesium, manganese, zinc and iron.The loss of these micronutrients can lead to zinc and iron deficiency which can affect production of red blood cells and oxygen transportation in the body. Tags: white rice, brown rice, IRRI - See more at: http://oryza.com/news/rice-news/white-rice-more-popular-healthier-brown-rice#sthash.odKqv5ar.dpuf

Bangkok Rice Farmers want $303 Per Tonne for Next Paddy Rice Crop Jun 03, 2014

Bangkok’s farming leaders have urged the National Council for Peace and Order (NCPO) to formulate a policy that guarantees rice sales at 10,000 baht ($303) per tonne for the next crop. This comes at a time when the farmers are currently under the fear of the falling price of rice and the NCPO has begun to pay overdue to farmers under the former government's rice pledging scheme which guaranteed a rice price of 15,000 baht ($456) per tonne in 2011.The Council of Farmers in Ang Thong said it will ask NCPO to consider short-term assistance packages to help farmers suffering from low rice prices. The farmers’ body said that the assurance is crucial for the next two crops especially since each farmer has invested at least 5,000 baht

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($152) per 1,600 sq m and the current market price is about 5,000-6,000 baht ($152-182) per tonne.It blamed the former government for the current scenario as it tried to huge rice stocks which forced the market price of the grain to drop. It sought a policy educating farmers on reduction of cost of rice production and rice zoning which promotes the planting of rice in certain areas to improve the quality of the product. Tags: Thailand rice production, thailand paddy production, Thailand rice prices, thailand paddy prices

Rice Farmers’ Co-operatives Is Need of The Hour Jun 03, 2014

The Committee on Central Agriculture in Bangkok said that the race to produce enough yield to join the rice pledging scheme in Thailand is making farmers opt for low-grade rice and this is affecting the country’s reputation of being a premium rice producer.The next government should support co-operatives for farmers, the farming body suggested while adding that the co-operative system makes farmers set their own prices and motivates them to plant superior rice varieties.The committee also stressed on developing organic rice zones which will benefit rice consumers healthy while also slashing the cost of chemicals in rice production. Tags: Rice, farmers, importance

Biotechnology for Rice and Food Sustainability Jun 03, 2014

Philippines is trying out biotechnology to improve agricultural productivity, promote food security and sustainable development.Dr. Antonio Alfonso, coordinator of the DA Biotechnology Program and director of the Crop Biotechnology Center of the Philippine Rice Research Institute, said the DA Biotech Program gives support to programs such as food biofortification through field tests and performance validation under field conditions.He said their focus is on further improving the variety by ensuring that it is disease-resistant and that its agronomic traits are what farmers would highly prefer. Dr. Alfonso said the public should be informed that crop biotechnology is a “genetic modification [that] is a tool to produce sufficient, safe and nutritious food amid production constraints and changing climatic patterns that have direct adverse impact in agriculture.”He said, GM crops are the most-studied products before they are allowed for commercial release. This means that breeding processes strictly comply with biosafety regulations, he explained.Scientific interventions, such as the development of healthier rice varieties, he said, are benefits of technology that the public sector can take advantage of.Dr. Alfonso said that with the availability of high-iron

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and high-zinc rice varieties in the market, rice consumers can have healthier rice options and they can then make informed choices for the benefit of their families and the community. Tags: biotechnology, food sustainability, Rice

IRRI Tries GM to Resolve Nutrition Deficiency in White Rice Jun 03, 2014

Biofortification, says International Rice Research Institute (IRRI) in Philippines, is the solution to nutrition deficiency in polished rice grains. IRRI’s research has shown that polished-rice grains do not have bran (outer) and germ (inner) layers as they are removed during the refining process. The nutrients that are washed away along with the bran layers during milling are magnesium, manganese, zinc and iron. IRRI has now decided to address this global concern through biofortification - developing healthier rice with more nutrients. Dr. Jessica Rey of IRRI said that as traditional breeding methods do not give fortified rice, the institute has tried genetic modification. The rice is genetically modified (GM) to carry a gene that exhibits iron in its genetic makeup and increases zinc content in the rice grain.The researchers accomplished it by using an enzyme called Nicotianamine and other iron transporters from rice to ensure that these micronutrients travel from the plant roots to the grains.IRRI’s research has yielded rice with 30 percent more of the estimated average requirement for iron compared to the regular varieties as was witnessed in 2012 trials. Currently, high-zinc rice is available in Bangladesh.Researchers are working on increasing the iron levels in the grain in the endosperm to 13 parts per million which is expected to reduce iron deficiency. In biofortification, once the preferred gene is in the plant, it remains there forever. In mechanical fortification, the desired nutrient has to be added onto the grain every time the rice is processed. This is why biofortification is a more sustainable strategy, she added.It will be a couple of years before IRRI’s biofortified GM rice becomes a reality. Meanwhile, researchers are also working on whether eating zinc and iron-rich rice can really resolve the deficiency problem.

Tags: GM, IRRI, white rice

Taiwan to Export More Rice to China This Year

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Jun 03, 2014

Taiwan will export more rice in 2014 than last year, now that it has captured China's lunchbox market, the Council of Agriculture (COA) said. The island country’s rice will be available at 800 Family Mart convenience stores across China after the Ting Hsin International Group, Changhua, has decided to sell lunchboxes using Taiwan’s rice.Prior to the new lunchbox move, Taiwan used to export rice to China in lesser packages only, the COA's stated recently.

Between January and April, Taiwan exported 954 metric tons of rice. It now produces 1.3 million metric tons of rice annually, the agency said. Exports of the crop have increased substantially over the past four years, rising from 1,459 metric tons in 2010 to 2,718 metric tons in 2013, the agency said.China, Hong Kong, Australia, Japan, North America and the European Union are among Taiwan’s major rice export destinations, the agency stated. Tags: Rice, Taiwan, China, export, 2014

USDA Post Forecasts Thailand Rice Sales to Decelerate Under Military Government Jun 03, 2014

USDA Post in Bangkok expects the sale of rice stocks, to finance the rice pledging scheme, to slow down as the Military government has managed to raise the needed $90 billion baht (around $2 billion) to make payments to farmers though loan auctions.The Caretaker government, which was not legalized to raise funds through any manner that would put burden on the new government, had to raise funds only through selling rice stocks from its warehouses. It sold nearly 4 million tons of rice (2.2 million tons of 5% broken white rice, 1.1 million tons of fragrant rice and 700,000 tons of other broken rice) between January 1 and May first week. However, excessive sales by the government put a severe downward pressure on the local paddy rice prices, which currently stand at 6,000 - 7,000 baht (around $134 - $156) per ton.Based on data from Thai Customs Department, USDA Post reports that Thailand exported about 2.9 million tons of rice in January 1 - April 30, 2014, up about 48% from about 1.96 million tons exported during the same period in 2013. USDA estimates Thailand rice stocks at around 15 million tons. USDA Post estimates Thailand MY 2013-14 (January 2014 - December 2014) milled rice production at 20.46 million tons, slightly below the USDA's official estimate of 20.5 million tons. It estimates Thailand MY 201415 production at 20.13 million tons, about 2% lower that USDA official estimate of 20.5 million tons. USDA Post estimates Thailand to export 9 million tons of rice in 2014 and 10 million tons in 2015. Tags: Thailand rice production, Thailand rice sales, Thailand rice exports

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East African Community Hikes Rice Import Tariff by 10% to Protect Local Farmers Jun 03, 2014

The East African Community (EAC), comprising of Burundi, Kenya, Rwanda, Tanzania and Uganda, has increased the import tariff on rice - Common External Tariff (CET) - by 10% to 35% as a means to protect local rice farmers and prevent cheap imports from Asia, according to local sources.All the EAC Finance Ministers, except Ugandan Minister, signed the new proposal. Uganda is proposing to increase its import duty to 75% and increasing local rice production, according to local sources. Tanzania Finance and Economic Affairs Minister defended the move saying it has been done in the interest of local farmers. She noted that low import duty in the EAC region has been attractive to rice smugglers, adding that local farmers need to compete with cheap smuggled rice. She said the decision had been taken after several consultations among the stakeholders, different ministries and departments from all the member countries. Tags: Kenya rice production, Tanzania rice production, Uganda Rice Production

Thai Military Government Raises $1.12 Billion from Loan Auctions; BAAC Sets June 22 Deadline to Complete Payments to Farmers Jun 03, 2014

Thailand's military government has successfully raised 50 billion baht (around $1.12 billion) needed to complete payments to farmers waiting to be paid under the abandoned Rice Paddy Pledging scheme, introduced by the earlier government, according to local sources.Twelve banks participated in the loan auction conducted by the Public Debt Office (PDO) today. The Government Savings Bank (GSB), which offered the lowest interest rate of 2.1792%, won the auction, according to local sources. The interest rate is said to be less than three-year government bonds and is reportedly lowest from any government loan auctions in Thailand. The GSB will transfer the first tranche of 30 billion baht (around $669 million) to the Bank of Agriculture and Agricultural Cooperatives (BAAC) on June 6 and the remaining 20 billion baht (around $446 million) on June 13, 2014.The PDO sources noted that the PDO will conduct another auction to raise 40 billion baht (around $892 million) on June 12, 2014 to repay the BAAC, which had been paying farmers from its reserves, after the military government took charge on May 22, 2014. So far, the BAAC paid 36 billion baht (around $803 million) to about 360,000 farmers over the last one week.The PDO needs a

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total of 92 billion baht (around $2 billion) to complete payments to about 800,000 farmers. The BAAC has set a deadline of June 22 to complete payments to farmers. Tags: Thailand rice exports, Thailand rice pledging scheme

Asia Rice Quotes Unchanged Today Jun 03, 2014

Asia rice sellers kept their quotes unchanged today. 5% Broken Rice Thai 5% rice (of new crop) is quoted at around $375 - $385 per ton, about $25 per ton lower than Viet 5% rice quoted at around $400 - $410 per ton. Indian 5% rice is quoted around $435 - $445 per ton, about $10 per ton lower than Pak 5% rice quoted at around $445 - $455 per ton. 25% Broken Rice Thai 25% rice of the old crop is quoted at about $345 - $355 per ton, about $15 per ton lower than Viet 25% rice quoted at around $360 - $370 per ton. Indian 25% rice is quoted at around $390 - $400 per ton, about $5 per ton lower than Pak 25% quoted at around $395 - $405 per ton. Parboiled Rice Thai parboiled rice of the old crop is quoted at around $415 - $425 per ton. Indian parboiled rice is quoted at around $405 - $415 per ton, about $30 per ton lower than Pak parboiled rice quoted at around $435 - $445 per ton. 100% Broken Rice Thai broken rice, A1 Super, of the old crop is quoted at around $310 - $320 per ton, about $25 per ton lower than Viet broken rice quoted at around $335 - $345 per ton. Indian broken sortexed rice is quoted at around $310 - $320 per ton, about $15 per ton lower than Pak broken sortexed rice quoted at around $325 - $335 per ton. Tags: India rice prices, pakistan rice prices, Thailand rice prices

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Oryza Global Rice Quotes June 3rd, 2014

Long grain white rice - high quality Thailand 100% B grade 390-400

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Vietnam 5% broken

400-410

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India 5% broken

435-445

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Pakistan 5% broken

445-455

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Cambodia 5% broken

435-445

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U.S. 4% broken 580-590

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Uruguay 5% broken

625-635

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Argentina 5% broken

620-630

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Long grain white rice - low quality Thailand 25% broken

345-355

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Vietnam 25% broken

360-370

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Pakistan 25% broken

395-405

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Cambodia 25% broken 405-415

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India 25% broken

390-400

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U.S. 15% broken

555-565

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Long grain parboiled rice Thailand parboiled 100% stxd

415-425

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Pakistan parboiled 5% broken stxd

435-445

India parboiled 5% broken stxd 405-415

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U.S. parboiled 4% broken

660-670

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Brazil parboiled 5% broken

NQ

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Uruguay parboiled 5% broken

NQ

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Long grain fragrant rice Thailand Hommali 92% 945-955

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Vietnam Jasmine

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525-535

India basmati 2% broken

NQ

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Pakistan basmati 2% broken

NQ

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Cambodia Phka Malis

860-870

For Advertising SPECS & RATES Contact: Advertising Department Mujahid Ali mujahid.riceplus@gmail.com

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Brokens

+92 321 3

Thailand A1 Super

310-320

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Vietnam 100% broken

335-345

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Pakistan 100% broken stxd

325-335

350-360

↔

India 100% Broken stxd 310-320

↔

Egypt medium grain brokens

NQ

↔

U.S. pet food

↔

Cambodia A1 Super

470-480

Brazil half grain

NQ

↔

↔

Medium grain milled U.S. Calrose 4% broken 1070-1080 Egypt medium grain 6% NQ

↔

↔

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

Daily Rice E-Newsletter by Rice Plus Magazine www.ricepluss.com News and R&D Section mujajhid.riceplus@gmail.com Cell # 92 321 369 2874


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4th june,2014 daily exclusive oryza e newsletter by riceplus magazine by DAILY RICE NEWS LETTER - Issuu