Daily Exclusive ORYZA Rice E-Newsletter
February 08,2016 Vol 6,Issue I
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Daily Exclusive ORYZA Rice E-Newsletter
IPAB Allows GI Tag for Indian Basmati Rice Feb 05, 2016
India-based Intellectual Property Appellate Board (IPAB) has passed the order allowing the Geographical Indications (GI) tag to Indian basmati rice, according to The Hindu. The move is said to provide a legal protection to India's basmati rice. The IPAB has reportedly asked the Assistant Registrar to register and issue the certificate within four weeks. The Board has considered the basmati rice grown in the states of Punjab, Haryana, Himachal Pradesh, Delhi, Uttarakhand, Western UP and the two districts of Jammu and Kathua for the GI tag. The IPAB has sent back the petition for inclusion of India's Central state Madhya Pradesh to the Chennai-Registry. It is likely to pass an order within six months after hearing to related parties. It has reportedly dismissed the petition by Pakistan rice growers. India's GI tag application had faced several legal issues since it was first initiated in 2009 by the Agricultural and Processed Food Products Export Development Authority (APEDA). A GI tag distinguishes a product with its geographic origin and, under a multilateral framework, prevents traders from attributing its name and traits for products from other geographies
Italian Rice Farmers Unions Urge Government to Maintain Sufficient Water Reserves Amid Concerns of Low Rainfall Feb 05, 2016
The farmers unions Confagricoltura of Novara, Vercelli, Pavia; and Coldiretti Novara-VercelliBiella, Cia Novara and Vercelli are urging the political bodies to maintain adequate water reserves amid concerns of lower rainfall and snow during the irrigation season, according to local sources. Lack of rain and snow in Northern Italy are expected to lead to severe drought conditions in the country, impacting the rice production this year. They also noted that high consolidated snow in the northern parts usually supports irrigation in summer, however, this year's snowpack is very minimal. Drought conditions are likely to affect over 10,000 farms covering an area of at least 300,000 hectares and a induced income of at least one billion euro, according to the farmers' unions. 2
Daily Exclusive ORYZA Rice E-Newsletter Italy's rice growing sector and its industrial chain today provides employment and income to thousands of persons say the farmers' unions. Therefore they are urging the government to act immediately so that the essential water resources for the next irrigation season can be kept in reservoirs. They also urged the government to standardize the minimum vital flow (DMV) of rivers to address the current situation.
Wholesale Basmati Rice Prices in India Fall on Slackened Demand Feb 05, 2016
Wholesale basmati rice prices in the national capital have declined today due to a slackened demand from retailers against adequate stocks, according to the Press Trust of India (PTI). On February 5, 2016, prices of Pusa 1121 declined to around Rs.3,750 - 4,650 per quintal (around $555 - $688 per ton) from around Rs.3,800 - 4,700 per quintal (around $561 - $694 per ton) on January 29, 2016. Prices of common basmati remained stable at previous levels of around Rs.4,900 - 5,000 per quintal (around $725 - $740 per ton). "Low demand from retailers against adequate stocks position on higher supplies from producing regions mainly kept pressure on rice basmati prices," traders were quoted as saying. 3
Daily Exclusive ORYZA Rice E-Newsletter
Global Rice Quotes February 8th, 2016 Long grain white rice - high quality Thailand 100% B grade 380-390
↔
Vietnam 5% broken
350-360
↔
India 5% broken
360-370
↔
Pakistan 5% broken
330-340
↓
Myanmar 5% broken
415-425
↔
Cambodia 5% broken
425-435
↔
U.S. 4% broken 460-470
↔
Uruguay 5% broken
440-450
↔
Argentina 5% broken
430-440
↔
Long grain white rice - low quality Thailand 25% broken
350-360
↔
Vietnam 25% broken
340-350
↔
Pakistan 25% broken
305-315
↓
Cambodia 25% broken 405-415
↔
India 25% broken
325-335
↔
U.S. 15% broken
440-450
↔
Long grain parboiled rice Thailand parboiled 100% stxd
370-380
Pakistan parboiled 5% broken stxd
NQ
↔ ↔
India parboiled 5% broken stxd 350-360
↔
U.S. parboiled 4% broken
480-490
↔
Brazil parboiled 5% broken
520-530
↔ 4
Daily Exclusive ORYZA Rice E-Newsletter Uruguay parboiled 5% broken NQ
↔
Long grain fragrant rice Thailand Hommali 92% 690-700
↔
Vietnam Jasmine
↔
425-435
India basmati 2% broken
NQ
↔
Pakistan basmati 2% broken
NQ
↔
Cambodia Phka Mails
750-760
↔
325-335
↔
Vietnam 100% broken 320-330
↔
Brokens Thailand A1 Super
Pakistan 100% broken stxd Cambodia A1 Super
280-290
345-355
↔
India 100% broken stxd 260-270
↔
Egypt medium grain brokens
NQ
↔
U.S. pet food
↔
280-290
Brazil half grain NQ
↓
↔
All prices USD per ton, FOB vessel, oryza.com
Exclusive News have been shared with written permission of ORYZA.com with thanks
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