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31st December , 2013

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Thailand Exports 5.9 Million Tons of Rice in January November 2013 India Wholesale Rice Prices Decline in December 2013 Vietnam Rice Sellers Lower Some of Their Quotes; Pakistan Rice Sellers Increase Most of Their Quotes Indonesia Claims Rice Surplus of 5.4 Million Tons in 2013 Agriculture Land Shrinking in China; World Bank Provides Loans to Reduce Soil Pollution Vietnam Exports 6.45 Million Tons of Rice in January 1 - December 26, 2013 India Exports Rice Worth $3.89 Billion in April September 2013 Oryza Global Rice Quotes

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Thailand Exports 5.9 Million Tons of Rice in January November 2013
Dec 30, 2013

Thailand has exported around 5.9 million tons of rice in January November 2013, down about 5.4% compared to the same period in 2012, according to the Thai Rice Exporters

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Association (TREA). In terms of value, rice exports have earned around 120.8 billion baht (around $3.9 billion), down about 9% compared to the same period last year.The TREA told local sources that major buyers of Thai rice in 2013 include Benin, Iraq, South Africa, the U.S., and the Ivory Coast. Thailands total rice exports in 2013 are expected to reach around 6.5-6.6 million tons, down about 7% from 2012, TREA says. Meanwhile, the Thai government has received around 8.7 million tons of paddy rice (5.8 million tons, basis milled), including around 5 million tons of white paddy rice (about 3.3 million tons, basis milled), 3.3 million tons of fragrant rice paddy (about 1.3 million tons, basis milled), and 400,000 tons of glutinous paddy rice (around 300,000 million tons, basis milled).
Tags: Thailand rice exports, Thai Rice Exporters Association

India Wholesale Rice Prices Decline in December 2013


Dec 30, 2013

Arrival of rice from the ongoing harvest of the main crop into the market helped average wholesale rice prices in India decline to around Rs.2,862 per quintal in December, 2013, down about 2% from around Rs. 2,924 per quintal in November 2013, according to official sources. However, average wholesale rice prices in December 2013 are still about 11% higher than around Rs.2,587 per quintal recorded a year earlier in December 2012.In terms of USD per ton, average wholesale rice prices in India stand at about $463 per ton (using current exchange rates) in December 2013, down about 2% from around $472 per ton (using historical exchange rates) in November 2013, and down about 1.5% from around $470 per ton (using historical exchange rates) seen in December 2012.
Tags: India rice prices

Vietnam Rice Sellers Lower Some of Their Quotes; Pakistan Rice Sellers Increase Most of Their Quotes
Dec 30, 2013

Vietnam rice sellers lowered their quotes for Jasmine rice by about $5 per ton to about $605 - $615 per ton today. Pakistan rice sellers increased their quotes for 5% broken rice, 100% broken rice and parboiled rice by about $5 per ton each to about $385 - $395 per ton, $320 - $330 per ton and $420 - $430 per ton respectively. India rice sellers kept their quotes mostly unchanged. Thailand rice sellers are out today due to holiday. 5% Broken Rice Thai 5% rice (of new crop) was last quoted around $420 - $430 per ton, about a $15 per ton premium over Viet 5% rice shown around $405 - $415 per ton. Thai 5% rice of the old crop was last shown around $370 - $380 per ton.

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Indian 5% rice is quoted around $405 - $415 per ton, about a $20 per ton premium over Pak 5% rice quoted around $385 - $395 per ton, up about $5 per ton from Friday. 25% Broken Rice Thai 25% rice (of new crop) was last quoted about $375 - $385 per ton, about a $5 per ton discount to Viet 25% rice shown around $380 - $390 per ton. Thai 25% rice of the old crop was last shown around $345 - $355 per ton. Indian 25% rice is quoted about $370 - $380 per ton, about a $30 per ton premium over Pak 25% rice quoted around $340 - $350 per ton. Parboiled Rice Thai parboiled rice of the old crop was last quoted around $440 - $450 per ton. Indian parboiled rice is quoted around $390 - $400 per ton, about a $30 per ton discount to Pak parboiled rice quoted around $420 - $430 per ton, up about $5 per ton from Friday. 100% Broken Rice Thai broken rice, A1 Super, of the old crop was last quoted around $295 - $305 per ton and about a $65 per ton discount to Viet broken rice shown around $360 - $370 per ton. Indian broken sortexed rice is quoted about $290 - $300 per ton, about a $30 per ton discount to Pak broken sortexed rice quoted around $320 - $330 per ton, up about $5 per ton from Friday.
Tags: Asia rice quotes, Pakistan rice quotes, Thailand rice quotes, Vietnam rice quotes, India rice quotes

Indonesia Claims Rice Surplus of 5.4 Million Tons in 2013


Dec 30, 2013

The Agriculture Ministry says that Indonesias 2013 rice production is estimated to reach arou nd 39.8 million tons against a consumption of around 34.4 million tons, suggesting a surplus of around 5.4 million tons of rice in 2013, according to state media.The surplus rice is about double the 2.7 million tons of rice required as buffer stocks by the government by the end of 2013. According to the Agriculture minister, rice production in 2014 is expected to grow by around 8% to about 43 million tons, which is expected to keep Indonesia self-sufficient in rice in 2014.However, according to the USDA, 2013 rice production in Indonesia is projected at around 36.55 million tons against a consumption of around 39.5 million tons and imports of around one million tons. The USDA estimates Indonesias rice import requirements to grow to around 1.5 million tons in 2014.
Tags: Indonesia rice production, Indonesia rice imports

Agriculture Land Shrinking in China; World Bank Provides Loans to Reduce Soil Pollution
Dec 30, 2013

Growing population, industrialization and rapid economic growth are putting unprecedented pressure on Chinas agriculture resources, and have become a threat to food security in the country and the world.According

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to Chinas national land survey figures released recently, total arable land in the country stood at around 135.4 million hectares at the end of 2012. This is still about 15.4 million hectares above the red line of a minimum 120 million hectares earmarked to ensure food security in China. However, pollution of land and water are eroding agriculture land in China. Coupled with increasing population, Chinas per capita arab le area now stands at around 0.1 hectare, almost half of the global average of around 0.2 hectare.According to government officials in China, it was found from the survey that about 3 million hectares of land is now unsuitable for rice cultivation due to heavy contamination by poisonous heavy metals in soil and water. Officials say that per capita arable area in China continues to decline due to a growing population and rapid urbanization.The Chinese government has banned cultivation of rice in polluted land, and is planning to spend billions of yuan to reduce pollution levels in soil and water by 2015. Government efforts are likely to get a boost by the World Banks approval of four loans totaling $520 million to China last week. The loans are meant to support developmental goals in China, mainly in the control of agricultural pollution and climate-resilient sustainable agriculture.China is the worlds largest rice producer, but the country became the worlds largest rice importer in the last few years mainly due to high production costs. Sources say that rice yield in China is reaching its peak and it is difficult to see Chinas rice production increase in coming years. However, Chinas increasing dependency on food grains and rice may jeopardize food security in some African rice importers. Read related Oryza story: Excessive Cadmium Detected in Rice in Southern China Restaurants
Tags: China rice production

Vietnam Exports 6.45 Million Tons of Rice in January 1 - December 26, 2013
Dec 30, 2013

Vietnam has exported about 6.45 million tons of rice during January 1 - December 26, 2013, down about 15% from about 7.59 million tons of rice exported in the full year 2012, according to the Vietnam Food Association (VFA). Average export price so far this year stands at about $432 per ton (FOB), down about 5% from an average export price of about $456 per ton (FOB) recorded in 2012.During December 126, 2013, Vietnam exported about 303,206 tons of rice, down about 34% from about 461,648 tons of rice exported in December 2012, and down about 26% from about 410,423 tons rice exported in November 2013. Average export

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price during so far this month stands at about $457 per ton (FOB), down slightly from around $458 per ton in December 2012, but up about 3% from around $443 per ton in November 2013.Meanwhile, domestic paddy prices in the Mekong Delta for common stock stand at around VND 5,550 - 5,650 per kilogram (about $257 $262 per ton, using current exchange rates). Vietnamese 5% broken domestic rice prices stand at around VND 7,400 - 7,500 per kilogram (about $343 - $348 per ton, using current exchange rates), while Vietnamese 25% broken rice prices stand at around VND 7,200 - 7,300 per kilogram (about $334 - $338 per ton, using current exchange rates).
Tags: Vietnam rice exports, Vietnam Food Association (VFA)

India Exports Rice Worth $3.89 Billion in April September 2013


Dec 30, 2013

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India has exported rice worth around $3.89 billion in the first six months of the fiscal year 2013-14 (April March), which is about 63% of total rice exports worth $6.21 billion in the full FY 2012-13, according to official sources.Indias rice exports to Iran have increased significantly in FY 2013-14. During April September 2013, India exported rice worth around $1.09 billion to Iran, which is already about 90% of total rice exports worth around $1.21 billion in the full fiscal year 2012-13. Other major rice export destinations in April September 2013 include Saudi Arab (about $504.8 million), Iraq (about $180.76 million), UAE (about $139.96 million), Yemen (about $101.77 million), and Senegal (about $102.02 million).Notably, Indias rice exports have declined sharply to Nigeria this year, mainly due to high import tariffs by Nigeria. India exported rice worth a mere $13.6 million to Nigeria during April September 2013, which is down about 96% from rice worth around $339.4 million exported in full fiscal year 2012-13.However, Indias rice exports to Benin and Cameroon (both neighbors of Nigeria) have increased significantly in FY 2013-14. India has exported rice worth around $372.8 million to Benin in April - September 2013, which is already up about 55% from rice exports worth around $240.93 million in full fiscal year 2012-13. To Cameroon, India has exported rice worth around $62.55 million during April September 2013, which is about 82% of rice exports worth around $76.5 million in full fiscal year 2012-13.
Tags: India rice exports

Oryza Global Rice Quotes


December 30th, 2013 Long grain white rice - high quality Thailand 100% B grade 430-440 Vietnam 5% broken 405-415 India 5% broken 405-415 Pakistan 5% broken 385-395 Cambodia 5% broken 460-470 U.S. 4% broken 590-600 Uruguay 5% broken 625-635 Argentina 5% broken 625-635 Long grain white rice - low quality Thailand 25% broken 375-385 Vietnam 25% broken 380-390 Pakistan 25% broken 340-350 Cambodia 25% broken 435-445 India 25% broken 370-380 U.S. 15% broken 570-580 Long grain parboiled rice Thailand parboiled 100% stxd

440-450

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Pakistan parboiled 5% broken stxd 420-430 India parboiled 5% broken stxd 390-400 U.S. parboiled 4% broken 660-670 Brazil parboiled 5% broken 590-600 Uruguay parboiled 5% broken NQ Long grain fragrant rice Thailand Hommali 92% 965-975 Vietnam Jasmine 605-615 India basmati 2% broken 1515 -1525 Pakistan basmati 2% broken NQ Cambodia Phka Malis 910-920 Brokens Thailand A1 Super 295-305 Vietnam 100% broken 360-370 Pakistan 100% broken stxd 320-330 Cambodia A1 Super 375-385 India 100% Broken stxd 290-300 Egypt medium grain brokens NQ U.S. pet food 395-405 Brazil half grain 345-355 Medium grain milled U.S. Calrose 4% broken 620-630 Egypt medium grain 6% NQ

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

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